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The Official Merchant
Services Blog
The Official Merchant Services Blog
Online Retailer Zulily Shutting Down Its Operations, To Liquidate Assets
Online retailer Zulily shutting down its operations to liquidate assets was a surprise to many. Zulily's shutting down led to the layoffs of numerous employees after attempts to t...
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Salesforce Acquires Spiff With Focus To Expand Its SPM Offering
Salesforce, known for its cloud software, is set to buy Spiff, a company specializing in sales commission tools. This move strengthens Salesforce's sales offerings, giving users a...
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CFOs Balance Caution and Opportunity in Real-Time Payments
As real-time payments gain traction across industries, CFOs are weighing the benefits against the potential risks. A significant majority of more than one thousand CFO respondent...
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CFOs Adopt Cautious Strategy for Leveraging Instant Payments
A significant majority of CFOs want to adopt real-time transaction solutions, also known as instant payments, within the next two years. This indicates a substantial increase comp...
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Nuvei Partners with American Express to Enable Effortless A2A Payments
Pay with Bank Transfer, a division of American Express, recently revealed that they have chosen Nuvei Corporation, a known fintech company, to be their first authorized acquirer r...
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Block Stock Surges on Strong Earnings and Upgraded Outlook
Following a robust quarterly performance, Block stock surged on strong earnings and upgraded outlook, with an increase of up to 17% during after-hours trading. The payment company...
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PayPal’s New CEO Alex Chriss: Key Announcements from His First Earnings Call
Unlike many new corporate leaders, PayPal New CEO, Alex Chriss, has not hesitated to make significant directional changes early in his tenure. In the Q3 earnings call. Chriss...
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PayPal New CEO, Alex Chriss, Asserts Leadership in First Ever Earnings Call
Unlike many new corporate leaders, PayPal New CEO, Alex Chriss, has not hesitated to make significant directional changes early in his tenure. In the Q3 earnings call. Chriss, wh...
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Citigroup Layoffs 2023 - Citigroup's Workforce Restructuring Targets Support and Tech Departments
The recent news of Citigroup layoffs has startled the financial sector. Jane Fraser, the CEO, is spearheading this initiative to streamline operations and improve the bank's stock...
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