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National ATM Council Says NYC Ordinance Is Costly, Burdensome

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The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city.

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Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls Out Instant Digital Payment System

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Checkout.com, which was started in 2012, recently brought an office to New York City. The system was created over years through an effort involving the Bill & Melinda Gates Foundation and the State Bank of Pakistan, with help from the United Nations, the U.K. and the World Bank.

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COVID-19 Disrupts Leisure In US, But China Expects ‘Revenge Travel’ Boost

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New York City, in one case, is calling off festivals, concerts, and nonessential gatherings through May and potentially June while the city aims to reduce COVID-19 infection rates, CNBC reported. New COVID-19 hospitalizations in New York City fell from 386 on Tuesday to 329 on Wednesday.

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Amazon Gains Juicy Incentives With New Headquarters Locations

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No offense against a great part of New York City, but sometimes it can take a little bit of a push to get people (tourists, mainly) to visit Queens. Amazon has selected New York City and Northern Virginia as the homes for its second and third headquarters.

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Grubhub Offers Eateries $30M In Promo Support During COVID-19

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Grubhub is also collaborating with Verizon Business to deliver meals to frontline healthcare workers in New York City. Grubhub is coordinating with six local hospitals and numerous New York City restaurants to provide a complimentary meal each day to healthcare workers. It has raised a total of $284.1

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Kroger Acquires NYC’s Murray’s Cheese

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National supermarket giant Kroger Co. recently announced its acquisition of iconic New York City–based cheese shop Murray’s Cheese. Kroger and Murray’s Cheese have yet to disclose the financial terms of the deal, though The Wall Street Journal noted that city records show that Kroger dropped $20.6

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Citi To Bolster Business Lending In Europe With New Staff, Offices

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billion, Reuters reported, with new offices and staffers in multiple Western European nations by the conclusion of this year. Citi overall has operations in 55 EMEA nations; however, its commercial banking unit has offices in just 15 with 21 further nations served from locations like London, Dubai and Dublin.

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