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Cash App Exiting UK to Increase Focus on US
Cash App Exiting UK to Increase Focus on US
July 18, 2024  |  Payment Methods

Cash App says it will exit the British market as it focuses on the U.S. The mobile payments service announced Thursday (July 19) that it...

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Report: Meta Seeks Stake in Smart Glasses Partner EssilorLuxottica
Report: Meta Seeks Stake in Smart Glasses Partner EssilorLuxottica
July 18, 2024  |  Acquisitions

Meta is reportedly looking to buy a stake in its smart glasses partner EssilorLuxottica. The tech company is in talks to acquire a 5% stake...

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AI’s Growing Role in Finance Brings Opportunity and Risk, House Panel Finds
AI’s Growing Role in Finance Brings Opportunity and Risk, House Panel Finds
July 18, 2024  |  artificial intelligence

Artificial intelligence (AI) is set to revolutionize finance and housing, bringing both game-changing benefits and thorny new risks that demand vigilant oversight, a bipartisan House...

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Lloyds Forms Direct Lending Partnership With Oaktree Capital
Lloyds Forms Direct Lending Partnership With Oaktree Capital
July 18, 2024  |  Partnerships

Lloyds Bank and Oaktree Capital Management have teamed to support U.K. “middle-market sponsor-backed borrowers.” The collaboration, announced Thursday (July 18), will see Lloyds’ structured debt...

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Auto Plant Closures, Hurricane Drive Increase in Initial Unemployment Claims
Auto Plant Closures, Hurricane Drive Increase in Initial Unemployment Claims
July 18, 2024  |  Economy

The number of initial claims for unemployment insurance increased by 20,000 during the week ended Saturday (July 13), driven by temporary closures of automobile plants...

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This Week in B2B: Embedded Payments, Digital Tooling, Small-Business Success
This Week in B2B: Embedded Payments, Digital Tooling, Small-Business Success
July 18, 2024  |  B2B Payments

Innovation and competition are constantly reshaping the B2B landscape. The pace of transformation has financial institutions (FIs) and corporations increasingly seeking ways to bring their...

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Google Reportedly Eyes $250 Million Fundraise for India’s Glance
Google Reportedly Eyes $250 Million Fundraise for India’s Glance
July 18, 2024  |  Investments

India-based mobile content startup Glance is reportedly looking to raise up to $250 million. This funding round would be led by existing investor Google, Bloomberg News reported Thursday (July 18),...

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Vera Bradley CEO: Customization and Interactive Experiences Transform In-Store Journey
Vera Bradley CEO: Customization and Interactive Experiences Transform In-Store Journey
July 18, 2024  |  Retail

As Vera Bradley transforms to meet consumers’ evolving omnichannel expectations, the brand is upgrading its stores to better fit how consumers want to shop. In...

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Worldline Partners Selfly Store on Contactless Vending Offering
Worldline Partners Selfly Store on Contactless Vending Offering
July 18, 2024  |  Partnerships

Worldline has formed a partnership with intelligent vending machine company Selfly Store. The collaboration, announced Tuesday (July 16), will see Worldline work with payment expert...

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