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Square Teams With Sysco to Bolster Restaurant Technology
Square Teams With Sysco to Bolster Restaurant Technology
December 19, 2024  |  Partnerships

Square has launched a partnership with foodservice distributor Sysco to provide restaurants with better technology. The collaboration, announced Wednesday (Dec. 18), makes Square a Sysco...

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Payments Processor PayRetailers Expands in Brazil With Transfeera Acquisition
Payments Processor PayRetailers Expands in Brazil With Transfeera Acquisition
December 19, 2024  |  Acquisitions

PayRetailers, a payments processor serving Latin America and Africa, acquired business payments FinTech Transfeera. The deal was approved by the Administrative Council for Economic Defense...

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CFPB On Alert for ‘New Sketchy Fee Tactics’ From Companies
CFPB On Alert for ‘New Sketchy Fee Tactics’ From Companies
December 19, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is monitoring the consumer financial marketplace to spot companies’ attempts to charge junk fees in new ways after the regulator...

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Darden Restaurant Sales Grow Despite Fine Dining Pullback
Darden Restaurant Sales Grow Despite Fine Dining Pullback
December 19, 2024  |  Earnings

Darden Restaurants’ sales climbed this quarter despite diners shying away from its fine-dining establishments. The company, owner of chains such as Olive Garden and LongHorn Steakhouse, released earnings Thursday (Dec....

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Big Lots Says Previously Announced Sale Has Fallen Through
Big Lots Says Previously Announced Sale Has Fallen Through
December 19, 2024  |  Retail

Big Lots said Thursday (Dec. 19) that it is preparing to begin going out of business (GOB) sales at all its remaining stores after determining...

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Report: Chime to Go Public in 2025 After Submitting Confidential Filing
Report: Chime to Go Public in 2025 After Submitting Confidential Filing
December 19, 2024  |  IPO

Chime Financial reportedly submitted a confidential filing for an initial public offering (IPO). The FinTech company plans to go public in 2025, though the timing of...

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Homeland Security Head Criticizes EU’s ‘Adversarial’ AI Approach
Homeland Security Head Criticizes EU’s ‘Adversarial’ AI Approach
December 19, 2024  |  artificial intelligence

America’s homeland security chief is reportedly worried about the European Union’s approach to AI regulation. Alejandro Mayorkas, outgoing head of the U.S. Department of Homeland Security,...

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Chainalysis: Crypto Hacking Slows as North Korea Redirects Resources
Chainalysis: Crypto Hacking Slows as North Korea Redirects Resources
December 19, 2024  |  Cryptocurrency

The total value stolen in crypto hacks reached $2.2 billion in 2024, a figure that was higher than the $1.8 billion taken in 2023 but...

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Visa Finalizes Featurespace Purchase to Boost Fraud Prevention
Visa Finalizes Featurespace Purchase to Boost Fraud Prevention
December 19, 2024  |  Acquisitions

Visa said it completed its acquisition of financial crime/payments fraud prevention provider Featurespace. “Visa will add Featurespace’s capabilities into its range of fraud prevention and...

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