Wednesday, June 29, 2022
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‘Buy now, pay later’ firms were already in trouble. Apple just gave them one more thing to worry about

Apple Pay Later will let users pay for things over four equal installments.Jakub Porzycki | Nurphoto | Getty ImagesAMSTERDAM — Apple's move into the crowded "buy now, pay later" space has raised the stakes for the fintech companies that pioneered the trend.The iPhone maker announced plans to launch its

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Mastercard launches tech that lets you pay with your face or hand in stores

Mastercard's biometric checkout technology lets users pay by scanning their face or palm.MastercardMastercard is piloting new technology that lets shoppers make payments with just their face or hand at the checkout point.The company on Tuesday launched a program for retailers to offer biometric payment methods, like facial recognition and

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Online grocery delivery platform Instacart confidentially files for IPO in the U.S.

A shopper prepares fill his cart at a Giant supermarket in Washington, DC, April 6, 2020.Evelyn Hockstein/The Washington Post via Getty Images)Grocery delivery platform Instacart said late Wednesday it has filed a draft registration statement with the U.S. Securities and Exchange Commission (SEC), paving the way for the firm

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Amazon renews Prime credit card tie-up with JPMorgan Chase after flirting with American Express

Jeff Bezos and Jamie Dimon.Getty Images | CNBCAmazon has chosen to renew a deal allowing JPMorgan Chase to issue the tech giant's flagship rewards credit card, ending months of heated negotiations, CNBC has learned.The Amazon Prime Rewards card was one of the industry's most highly coveted co-brand deals, a

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Indian beauty company Nykka looks to physical retail expansion to meet consumer demand for offline sales

While Nykka started as an e-commerce platform, founder and CEO Falguni Nayar is a "big believer" in physical retail and said there is demand from consumers."The last two years have been very much impacted by Covid-19 and what it does to physical retail. However, we do believe that if

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Indian beauty company Nykaa looks to physical retail expansion to meet consumer demand for offline sales

While Nykaa started as an e-commerce platform, founder and CEO Falguni Nayar is a "big believer" in physical retail and said there is demand from consumers."The last two years have been very much impacted by Covid-19 and what it does to physical retail. However, we do believe that if

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‘We were terrified’: Block co-founder explains how the fintech giant avoided ‘death by Amazon’

Block co-founder Jim McKelvey.CNBC | NBC Universal | Getty ImagesBARCELONA — In 2014, Amazon launched a product that sounded strikingly similar to something already on offer from Twitter co-founder Jack Dorsey's payments company Square, which is today known as Block.It was called Amazon Register, and it would let small

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Amazon and Visa agree to end global dispute over credit card fees

Visa payment cards laid out on a computer keyboard.Matt Cardy | Getty ImagesAmazon has reached a global agreement with Visa to settle a dispute over the credit card giant's fees.The deal means Amazon customers in the U.K. can continue using Visa credit cards, as previously announced by the two

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