FinTech Stripe Eyes Funding Round That Could Put Valuation At $100B
FinTech Stripe Eyes Funding Round That Could Put Valuation At $100B
November 24, 2020  |  Investments

FinTech Stripe is considering a funding round to value it higher than the $36 billion it got on its last round, Bloomberg reports. According to...

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Nordstrom Becomes First Digital Majority Brick-And-Mortar Retailer
Nordstrom Becomes First Digital Majority Brick-And-Mortar Retailer
November 24, 2020  |  Earnings

Nordstrom crossed a critical digital-first economy threshold in its earnings announcement on Tuesday (Nov. 24). It became the first brick-and-mortar retailer to earn the majority...

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Bitcoin Daily: Japan’s SBI VC Trade Debuts Crypto Lending; Bitcoin Closes In On All-Time High
Bitcoin Daily: Japan’s SBI VC Trade Debuts Crypto Lending; Bitcoin Closes In On All-Time High
November 24, 2020  |  Bitcoin

Bitcoin continued its price climb today (Nov. 24), rising above $19,000 in the morning, CNBC reported. At 6:31 pm EST, the digital currency still hit...

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China Expects Economy To Improve In 2021 As Region Sees Boost In Tourism
China Expects Economy To Improve In 2021 As Region Sees Boost In Tourism
November 24, 2020  |  International

Li Keqiang, Chinese premier, forecasts that the country could return to normal economic activity by next year, Reuters reports. Speaking at a news conference with...

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Accor And Ennismore Join Forces To Create Global Lifestyle Hotel Giant
Accor And Ennismore Join Forces To Create Global Lifestyle Hotel Giant
November 24, 2020  |  Retail

The hotel industry may be struggling in the wake of COVID-19, but a new deal by two major global operators shows there is still lots of life...

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FinTech Oportun Seeks US National Bank Charter
FinTech Oportun Seeks US National Bank Charter
November 24, 2020  |  Financial Inclusion

Oportun Financial, which provides “inclusive, affordable” financial services, has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC),...

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InComm Acquires Brazilian Gift Card Processor Todo Cartões
InComm Acquires Brazilian Gift Card Processor Todo Cartões
November 24, 2020  |  Partnerships / Acquisitions

Global payments platform InComm Payments has acquired Brazilian gift card processor Todo Cartões, the company announced in a press release emailed to PYMNTS. The acquisition...

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Barclays Works With CGI To Implement Trade Finance Platform
Barclays Works With CGI To Implement Trade Finance Platform
November 24, 2020  |  B2B Payments

Barclays Corporate Banking is working with CGI to put the CGI Trade360 system into place, which will provide an international trade finance offering to the...

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SEC Plan Would Let Gig Workers Get Up To 15 Pct In Compensation Via Stock
SEC Plan Would Let Gig Workers Get Up To 15 Pct In Compensation Via Stock
November 24, 2020  |  Regulation

Food delivery workers, among others who work in the gig economy, would be able to get as much as 15 percent of their compensation in...

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