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Today In Payments: Oscar Health IPO Raises $1.4 Billion On $7.9 Billion Valuation; PayPal Eyes Digital Currency Startup Curv

Today In Payments: Oscar Health IPO Raises $1.4 Billion On $7.9 Billion Valuation; PayPal Eyes Digital Currency Startup Curv
Today In Payments: Oscar Health IPO Raises $1.4 Billion On $7.9 Billion Valuation; PayPal Eyes...
March 03, 2021  |  News

In today’s top news, Oscar Health raised $1.4 billion in its IPO, valuing it at $7.9 billion, and PayPal is in talks to acquire digital...

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UK’s Financial Conduct Authority Ups Limit For Contactless Payments
UK’s Financial Conduct Authority Ups Limit For Contactless Payments
March 03, 2021  |  Digital Payments

The U.K.’s Financial Conduct Authority (FCA) is increasing the limits on contactless payments to 100 pounds for single transactions and 300 pounds for multiple transactions, according...

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Volocopter Raises $240 Million, Nears Launch Of Urban Air Taxi
Volocopter Raises $240 Million, Nears Launch Of Urban Air Taxi
March 03, 2021  |  Investments

German urban air mobility (UAM) startup Volocopter has raised €200 million, or $240 million, to help certify and launch its battery-powered city air taxi, VoloCity....

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ADP Report: SMBs Add 89,000 New Jobs In February
ADP Report: SMBs Add 89,000 New Jobs In February
March 03, 2021  |  Economy

Jobs are up 117,000 in the private sector according to the February ADP National Employment Report, a drop from January’s 195,000 upwardly revised level and...

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Today In Retail: Ross Stores’ Traffic Hit By Pandemic; Vestiaire Collective Completes $215 Million Round
Today In Retail: Ross Stores’ Traffic Hit By Pandemic; Vestiaire Collective Completes $215 Million Round
March 03, 2021  |  Retail

In today’s top retail news, Ross Stores, Inc. said its fourth-quarter sales exceeded forecasts but the pandemic proved to be a hurdle for traffic, while...

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Europe, China Move Forward With Vaccine Passport Plans
Europe, China Move Forward With Vaccine Passport Plans
March 03, 2021  |  International

The drive for vaccine passports is picking up speed, as the European Union and China said they would be moving forward with new programs. Get...

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Contextual Commerce Expands Beyond Social Media
Contextual Commerce Expands Beyond Social Media
March 03, 2021  |  Retail

The contextual commerce wave has been building for quite some time. In 2018 — a full two years before the words “global pandemic” became a...

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Today In Payments Around The World: Payments Canada Taps Interac For Real-Time Services; EU Could Face Recession
Today In Payments Around The World: Payments Canada Taps Interac For Real-Time Services; EU Could...
March 03, 2021  |  News

In today’s top payments news around the world, Payments Canada will work with Interac Corp. to function as the exchange service provider for the country’s...

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Target Expands Grocery Pickup Options As Food Spend Increases
Target Expands Grocery Pickup Options As Food Spend Increases
March 03, 2021  |  Retail

Target began rolling out grocery pickup and drive-up across the United States over the summer in an effort to compete with the low-contact options offered...

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