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payabl. Joins the Payments Association EU as It Continues Its Growth Trajectory Across Europe

Fintech Finance

As we continue to grow across Europe, we recognise the importance of building closer relationships with our customers, our partners and the wider industry,” said Ugne Buraciene, Group CEO of payabl. We look forward to collaborating with fellow members to advance the industry and deliver exceptional value to our merchants,” she continued. “We

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Square Lets Sellers Dispatch Couriers With On-Demand Delivery

PYMNTS

To let merchants send out delivery drivers for orders made on their websites, Square unveiled availability of its On-Demand Delivery for Square Online Store offering in an announcement on Wednesday (June 24). And, in November 2019, Square had unveiled the completion of an arrangement to sell Caviar to DoorDash.

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Pandemic Continues To Dull Allure Of Luxury Goods

PYMNTS

COVID-19 continues to take the shine off luxury goods. “We anticipate that the external environment will continue to impact the luxury sector negatively for at least the next 18 to 24 months,” he said in a phone interview after the group reported its most recent earnings. billion compared to 2019. billion in 2019.

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Uber Eats Moves Into On-Demand Grocery Delivery

PYMNTS

Uber Eats is stepping up moves into online grocery deliveries as the coronavirus continues to spread worldwide, stifling rideshare demand and crippling supermarkets, according to a Financial Times report on Wednesday (April 1). The company already dipped its toe in the grocery delivery arena with a trial in Australia in 2019.

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Phlatbed CEO: How Mobile Tools Keep On-Demand Wages Moving

PYMNTS

million households lacked access to bank accounts as of 2019. percent in 2019, its lowest rate in a decade since the FDIC first began tracking this statistic in 2009. Both businesses and consumers are still attempting to deal with the financial hardships brought on by the ongoing pandemic. In the U.S.,

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FinTech Capify Nets $10M Funding, Continued Goldman Backing

PYMNTS

The FinTech Capify has pulled in an additional $10 million in an equity round of funding and is banking on continued support from the Goldman Sachs Merchant Banking Division for its lending platform, which is geared to small to medium-sized businesses (SMBs). In 2019, Capify netted a $96 million credit facility from Goldman Sachs.

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Freight Spot Rates, Volumes On Upswing Amid Retail Demand – But Will It Last?

PYMNTS

That’s because consumer demand is picking up, but retail inventories are relatively low. To that end, as reported in Commercial Carrier Journal, with reporting from online sessions held by FTR, freight demand is strong now – but there’s still uncertainty ahead. percent higher than August 2019.