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Former Wirecard Exec Reported Dead
Former Wirecard Exec Reported Dead
August 13, 2020  |  Personnel

The Philippines government has confirmed that Christopher Bauer, a former executive of the bankrupt German payments company Wirecard AG, has died, Reuters reported.   Justice Secretary...

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Google Introduces Travel Trend Percentages For Hotels, Flights
Google Introduces Travel Trend Percentages For Hotels, Flights
August 13, 2020  |  Google

A new Google update will display travel trends on the search engine when one searches for a hotel or flight, according to a press release....

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Commercial Lenders Using Foreclosure To Recoup Loans
Commercial Lenders Using Foreclosure To Recoup Loans
August 13, 2020  |  Real Estate

Investors in commercial real estate, who say they have been patient with missed payments as COVID-19 emptied malls and office buildings, are pushing back. Unwilling...

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Move Over, FedEx: Amazon Vaults Ahead In Delivery Race
Move Over, FedEx: Amazon Vaults Ahead In Delivery Race
August 13, 2020  |  Delivery

Amazon’s epic push to deliver its own packages and cut out third parties like FedEx is picking up speed during the pandemic, with a dramatic...

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Today In Payments: Airbnb Suffers Record Losses In Q2; DoorDash Could Face Injunction Over Gig Worker Status
Today In Payments: Airbnb Suffers Record Losses In Q2; DoorDash Could Face Injunction Over Gig...
August 13, 2020  |  News

In today’s top news, Airbnb reports record losses in the second quarter, and DoorDash could be the next gig platform to be forced to reclassify...

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HRS Extends Partnership With SAP Concur For Corporate Travel Booking
HRS Extends Partnership With SAP Concur For Corporate Travel Booking
August 13, 2020  |  B2B Payments

Business travel accommodations firm HRS has lengthened its partnership with SAP Concur by five years through a strategic arrangement, according to a Thursday (Aug. 13) announcement...

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Amazon Cuts Delivery Contracts; 1,200 Jobs Lost
Amazon Cuts Delivery Contracts; 1,200 Jobs Lost
August 13, 2020  |  Amazon

Despite a 40 percent increase in revenue in the second quarter, Amazon has cut more than 1,200 delivery contract jobs. CNBC reports the eCommerce leader...

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A Look Inside Kroger’s New Digital Marketplace Digs
A Look Inside Kroger’s New Digital Marketplace Digs
August 13, 2020  |  Retail

Amazon, Target and Walmart get most of the attention for their eCommerce efforts, but grocery giant Kroger has been quietly implementing a three-year-long digital transformation of its...

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Kroger Enters COVID-19 Testing Market As Demand Surges
Kroger Enters COVID-19 Testing Market As Demand Surges
August 13, 2020  |  Coronavirus

Supermarket giant Kroger is taking a big leap into the COVID-19 testing business amid a surge in demand as companies scramble to safely reopen amid...

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