SPACs ‘Not A Fit For Every Company’ Says DraftKings Chief
SPACs ‘Not A Fit For Every Company’ Says DraftKings Chief
August 30, 2020  |  Investments

Fantasy gaming company DraftKings CEO Jason Robins thinks the special purpose acquisition company (SPAC) market might be getting a little too big and hopes it...

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Today In Payments: Facebook Calls Out Apple; DC AG Sues Instacart
Today In Payments: Facebook Calls Out Apple; DC AG Sues Instacart
August 28, 2020  |  News

In today’s news, Facebook called out Apple on its fee structure and transparency, and D.C.’s attorney general is suing Instacart for pocketing tips meant for...

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This Week In Payments: MerchantE’s Sandra Blair On Amazon’s Busy Week And The Secret To Salesforce’s Success
This Week In Payments: MerchantE’s Sandra Blair On Amazon’s Busy Week And The Secret To...
August 28, 2020  |  News

It’s been another busy week in payments and commerce, as summer winds down and the world gears up for an autumn where nothing seems certain...

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Railsbank To Buy Wirecard’s UK Operations
Railsbank To Buy Wirecard’s UK Operations
August 28, 2020  |  Partnerships / Acquisitions

Wirecard Card Solutions Ltd. has announced plans to sell its U.K. operations more than two months after the disgraced German payments company filed for insolvency....

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Smaller FIs At The Real-Time Payments Crossroads
Smaller FIs At The Real-Time Payments Crossroads
August 28, 2020  |  B2B Payments

Interest in real-time payments continues to climb among financial institutions (FIs) as more options enter the ecosystem. Between the acceleration of ACH, the upcoming launch...

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Today in Payments: Amazon To Open First LA Supermarket; TikTok CEO Quits Amid Controversy
Today in Payments: Amazon To Open First LA Supermarket; TikTok CEO Quits Amid Controversy
August 27, 2020  |  Payments Innovation

Plus, Rep. David Cicilline will deliver recommendations next month on how to rein in Big Tech in antitrust issues. Get the Full Story Complete the...

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Report: Walmart Joins Microsoft On TikTok Bid
Report: Walmart Joins Microsoft On TikTok Bid
August 27, 2020  |  Partnerships / Acquisitions

A new player has entered the high stakes bid to purchase TikTok, the controversial but popular short video sharing app. Get the Full Story Complete...

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Amazon Criticized For Supporting Consumer Protection Measure
Amazon Criticized For Supporting Consumer Protection Measure
August 27, 2020  |  eCommerce

Amazon.com Inc. is facing mounting criticism over its support for a consumer protection measure in California that would hold online marketplaces liable for damages caused...

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Amazon To Open First Los Angeles Amazon Fresh Supermarket With Smart Carts
Amazon To Open First Los Angeles Amazon Fresh Supermarket With Smart Carts
August 27, 2020  |  Amazon Commerce

Ready to do battle with supermarket giants Kroger Co. and Albertsons Cos. Inc. in the $900 billion U.S. grocery industry, Amazon will open a Los Angeles supermarket this...

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