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New York City Council Bans Cashless Food And Retail Stores

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The New York City Council on Thursday (Jan. Applebaum added that communities of color in New York City are more than twice as likely to lack access to a bank and are less likely to host a branch of a bank than the national average. 23) passed a ban on cashless food and retail stores.

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City National Bank, Extend Team On Virtual Corporate Cards

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City National Bank has enlisted New York City FinTech Extend to enable the bank’s clients to offer virtual corporate cards to employees, vendors and other business partners, the companies announced in a press release. With Extend, City National is the first issuer in the U.S.

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Coronavirus Fear Infects NYC Ridesharing

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Such is the situation emerging in New York City among taxi and ridesharing drivers — who, in an attempt to avoid the coronavirus, are avoiding Chinese passengers. so far — none of which have been in New York state, let alone New York City. The flu in 2020 has a higher lethality rate. “We

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Mastercard Supports Women-Owned SMBs With $20M CNote Investment

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Mastercard is marking National Women’s Small Business Month by furthering its support of the female-founded impact investment platform CNote with an infusion of $20 million, the company announced Friday (Oct. 24) in collaboration with the career platform for women Create & Cultivate.

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Report: One-Third Of NYC SMBs Could Close Permanently

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It’s closing time for many small businesses in New York City. The New York Times said a new report from the Partnership for New York City estimated that one-third of the city’s 240,000 small businesses could close down and vanish.

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Mastercard General Counsel Tapped To Chair National Urban League

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The world of payments has provided a new leader to the National Urban League. Murphy was elected to the post during the National Urban League’s Board of Trustees quarterly meeting in New York City. I’m honored to be a part of that mission,” Murphy said as part of the National Urban League’s announcement.

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Amazon Picks Two HQ2s

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Amazon is expected to announce later Tuesday (November 13) that it chose New York City and Northern Virginia as the homes for its second and third headquarters, reported the Wall Street Journal. By choosing New York City, Amazon will be head-to-head with rival Google, which is about to expand its presence in the city.