$20,000 seems so … long ago and far away. And the question becomes: Why the volatile price action in cryptos – which, in the last few sessions, has been decidedly to the upside? As of this writing, bitcoin is changing hands at more than $31,000, leagues above the $18,700-and-change level that had been seen only […]
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On what was, for many, the first working day of 2021, Slack, the collaboration tool which — again, for many — is critical to remote working, reported widespread outages. Slack was acquired by Salesforce before the holidays for $27.7 billion. We are not taking this as an omen for the year ahead, but it means […]
Continue ReadingVenmo, a mobile payments service, announced Monday (Jan. 4) it has launched a new Cash a Check feature — and that it will waive the fees for cashing stimulus paper checks for a limited time for “select customers” using its app. “We’re always looking for new ways to make it easier for our community to access […]
Continue ReadingAccounts payable (AP) and payments firm AvidXchange has acquired AP software solutions platform Core Associates, to advance payments automation in the construction industry and mid-market businesses. “We’ve spent more than a decade committed to helping our customers simplify the way they process invoices and payments,” Core Associates Founder and CEO Frank Grenci said in a […]
Continue ReadingFor frequent world travelers, the concept of needing a passport is nothing new. And in fact, a “vaccination passport,” proof that a person has been immunized against an infectious disease such that they can travel, is also not a new concept invented for the age of COVID-19. People who want to travel to certain African […]
Continue ReadingIn a MarTech Live episode broadcast on the final day of the MarTech conference, we asked Chris Penn whether he saw the operational side of marketing aligning more closely with the campaign/creative side, simply because marketing ops and the marketing stack create opportunities (and place constraints) on what the marketing team can do. Penn is […]
Continue ReadingNew year, same problems for the global aviation industry, as the world’s battered and beleaguered airlines struggle to recoup 20 years of passenger growth that was evaporated by just nine months of the coronavirus pandemic. According to Cirium’s 2020 Airline Insights Review and other related data, global passenger traffic fell 67 percent last year to […]
Continue ReadingIt’s been more than four years since India instituted its most recent demonetization policies. We’re a long away from the fall of 2016, when the administration under Prime Minister Narendra Modi announced the economic policy where 500 and 1,000 rupee notes would be demonetized. Among the stated goals were – and still are – to […]
Continue ReadingSingapore’s economy contracted 5.8 percent in 2020, better than the government’s prior forecast of a decline of 6 to 6.5 percent, according to CNBC. Singapore implemented stringent lockdown measures last April in response to the COVID-19 pandemic but began lifting them in June. As a result, the nation’s gross domestic product grew by 9.5 percent […]
Continue ReadingIn today’s top retail news, retail sales fell 25 percent in Hong Kong in the first 11 months of 2020, while Afterpay reported a 30 percent rise in the average basket size for its customers in the U.S. over the holidays. Plus, a large rise in eCommerce returns powered by pandemic-related rule changes is hurting […]
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