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As Real-Time Payments Rivalry Heats Up, Vendors Eye Market Niches And Mid-Tier Institutions

As Real-Time Payments Rivalry Heats Up, Vendors Eye Market Niches And Mid-Tier Institutions

“With The Clearing House Payments Co. operating a real-time payments network and the Federal Reserve planning one for no later than 2024, payments companies are looking at slices of the market for opportunities in instant money movement. And these niche plays aren’t just the province of the country’s biggest banks. The latest development comes from [...]

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New York Vs. Grubhub

New York Vs. Grubhub

“In June, during a four-hour hearing of the New York City Council’s small-business committee, restaurant owners complained about the high commissions charged by Grubhub and other third-party delivery apps, which usually range from 15 to 30 percent. The service also faced criticism for its recently discontinued practice of creating web domains for the restaurants on [...]

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WeWork throws in the towel on its ill-fated IPO

WeWork throws in the towel on its ill-fated IPO

(Reuters) – WeWork’s parent The We Company said on Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed office-sharing startup ousted founder Adam Neumann as its chief executive officer. The withdrawal of its IPO prospectus formalizes the end of the New York-based company’s pursuit of a near-term listing and [...]

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