Editor’s Picks

Retroactive Jobless Payments A Sticking Point In Coronavirus Stimulus Talks

Retroactive Jobless Payments A Sticking Point In Coronavirus Stimulus Talks
Retroactive Jobless Payments A Sticking Point In Coronavirus Stimulus Talks
December 07, 2020  |  Economy

Lawmakers on both sides of the aisle continue to haggle over what should be in the next coronavirus stimulus bill, with the question of whether...

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New EU Guidelines Ask Google, Digital Platforms To Disclose Search Ranking Criteria
New EU Guidelines Ask Google, Digital Platforms To Disclose Search Ranking Criteria
December 07, 2020  |  Legal & Regulation

European Union (EU) guidelines released on Monday (Dec. 7) ask that Google, Amazon and other digital platforms provide an explanation about how search results are...

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Walmart’s Flipkart Reportedly Edging Closer To Launching An IPO
Walmart’s Flipkart Reportedly Edging Closer To Launching An IPO
December 07, 2020  |  Retail

Talk of Walmart-controlled Flipkart Group going public is heating up as the Indian company continues to expand. Flipkart is an eCommerce marketplace site competing against...

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Capital One Halts BNPL Transactions On Its Credit Cards
Capital One Halts BNPL Transactions On Its Credit Cards
December 07, 2020  |  BNPL

Capital One Financial Corp (CapOne) is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “risky,” Reuters...

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Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom
Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom
December 07, 2020  |  Cryptocurrency

Facebook’s Libra (OK, now it’s been renamed to Diem) looms as 2021 dawns – maybe – and in a form diminished from its initial ambitions...

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eCommerce Shift Helps Fuel Strong Sales At Pier 1 Imports, Dressbarn
eCommerce Shift Helps Fuel Strong Sales At Pier 1 Imports, Dressbarn
December 07, 2020  |  Retail

Retail Ecommerce Ventures (REV), the incubator that relaunched Pier 1 Imports and Dressbarn in 2020, noted that the migration to eCommerce in addition to trends...

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Grab-Singtel Ramps Up Hiring For Singapore Bank; Plans 2022 Launch
Grab-Singtel Ramps Up Hiring For Singapore Bank; Plans 2022 Launch
December 07, 2020  |  Banking

A new Singaporean digital bank formed in a joint venture between Grab Holdings Inc. and Singapore Telecommunications Ltd. will hire 200 people before launching publicly...

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Citigroup Chief: CBDCs Are ‘Inevitable’ In The Future Of Currency
Citigroup Chief: CBDCs Are ‘Inevitable’ In The Future Of Currency
December 06, 2020  |  Digital Payments

Citigroup will be helping governments around the world establish sovereign digital currencies, or central bank digital currencies (CBDC), CEO Michael Corbat says, according to a...

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