NYC Mayor Eric Adams Says Face Masks Facilitate Shoplifting
NYC Mayor Eric Adams Says Face Masks Facilitate Shoplifting
March 06, 2023  |  Retail

Retailers looking to reduce shoplifting should require customers to remove face masks when entering the store. So said New York City Mayor Eric Adams on...

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Stripe Aims to Buy Employee Shares and Cover $3.5 Billion Tax Bill
Stripe Aims to Buy Employee Shares and Cover $3.5 Billion Tax Bill
March 06, 2023  |  Fintech Investments

Stripe’s latest fundraising round is reportedly being driven by a $3.5 billion tax bill. The firm aims to cover this personal tax liability that will...

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Business-Focused Hotels Reportedly Have Difficulty Accessing Credit
Business-Focused Hotels Reportedly Have Difficulty Accessing Credit
March 06, 2023  |  Loans

Business-focused hotels that survived the pandemic shutdowns are now facing other challenges. Difficulty accessing credit is among the problems they are coping with today, The...

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Square and Tradeable Bits Partner to Deliver Event Sales Data Insights
Square and Tradeable Bits Partner to Deliver Event Sales Data Insights
March 06, 2023  |  Partnerships

Square and Tradable Bits have partnered to help event organizers use sales data. With the capabilities provided by this partnership, venues, sports organizations, promoters and...

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FinTechs’ Shift Toward Profitability Gets Mixed Views From VCs
FinTechs’ Shift Toward Profitability Gets Mixed Views From VCs
March 06, 2023  |  Fintech Investments

In a race to break even, British FinTech giant Revolut is the latest startup to claim profitability, a milestone that few neobanks have attained despite...

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70% of Grocery Shoppers Expect Price Increases Throughout the Year
70% of Grocery Shoppers Expect Price Increases Throughout the Year
March 06, 2023  |  Consumer Insights

Grocery shoppers’ price anxieties remain as they expect another year of inflation, PYMNTS data suggests. The Context Grocers have been doing everything in their power...

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Convenience Stores Use Subscriptions to Keep Cash-Strapped Consumers Coming Back
Convenience Stores Use Subscriptions to Keep Cash-Strapped Consumers Coming Back
March 06, 2023  |  Subscriptions

As consumers cut spending, convenience retailers are leveraging subscriptions to keep them coming back. Most recently, mid-size convenience store chain Parker’s, which has more than...

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As Cord-Cutters Drop Pay Cable, Streaming Services Need to Focus on Value
As Cord-Cutters Drop Pay Cable, Streaming Services Need to Focus on Value
March 06, 2023  |  Streaming

Cord-cutting continues as pay cable and traditional TV lost yet more ground in 2022, much of it to streaming competitors that in many cases are...

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Brazilian Startup Barte Raises $3 Million for B2B Payments Platform
Brazilian Startup Barte Raises $3 Million for B2B Payments Platform
March 06, 2023  |  B2B Payments

Barte has raised 16 million Brazilian real (about $3 million) for its B2B payments platform. This seed round brings to 22 million Brazilian real (about...

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