Editor’s Picks

FTC Warns Taxpayers About Stimulus Fraud

FTC Warns Taxpayers About Stimulus Fraud
FTC Warns Taxpayers About Stimulus Fraud
August 11, 2020  |  Cybersecurity

Congress has yet to agree on the next round of stimulus funding, but the Federal Trade Commission (FTC) is already warning the public to beware....

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Report: Airbnb Eyes IPO Before Year’s End
Report: Airbnb Eyes IPO Before Year’s End
August 11, 2020  |  IPO

Despite a 40 percent decrease in its valuation in three years, Airbnb Inc. is on track to go public in a move that would illustrate...

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Walmart, Instacart Partner On Same-Day Delivery To Battle Amazon’s Whole Foods
Walmart, Instacart Partner On Same-Day Delivery To Battle Amazon’s Whole Foods
August 11, 2020  |  Delivery

Walmart Inc. and Instacart have teamed up to offer same-day delivery in select U.S. markets as the battle against Amazon and Whole Foods Market intensifies, CNBC...

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American Express Reportedly Close To Buying SMB Lender Kabbage For Up To $850M
American Express Reportedly Close To Buying SMB Lender Kabbage For Up To $850M
August 11, 2020  |  Partnerships

American Express Co. (Amex) could be the new owner of Kabbage Inc., one of the largest online business lenders. Get the Full Story Complete the form...

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FedNow Hit With Resistance From Smaller FIs
FedNow Hit With Resistance From Smaller FIs
August 11, 2020  |  B2B Payments

This week’s roundup of payment rail innovations shines a spotlight on how B2B FinTechs are expanding the functionality and value of existing payment rails. Visa’s...

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Execs Vow To Hire 100K Low-Income Minorities By 2030
Execs Vow To Hire 100K Low-Income Minorities By 2030
August 11, 2020  |  Personnel

The top executives of more than two dozen high profile companies have pledged to hire 100,000 people from New York’s minority communities by 2030. Get...

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California Judge: Uber, Lyft Can’t Call Drivers Contractors
California Judge: Uber, Lyft Can’t Call Drivers Contractors
August 10, 2020  |  Legal & Regulation

A California judge has passed an injunction to force Uber and Lyft to stop classifying their workers as independent contractors rather than employees, CNBC reported....

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Private Equity Firm Advent To Buy 75 Pct Stake Of UK Parcel Deliverer Hermes In $1.3B Deal
Private Equity Firm Advent To Buy 75 Pct Stake Of UK Parcel Deliverer Hermes In...
August 10, 2020  |  Partnerships

Boston-based Advent International, a global private equity firm focused on overseas buyouts, has purchased a stake in the United Kingdom’s parcel delivery group Hermes for...

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