Editor’s Picks

Report: Wirecard Execs May Have Hidden $1B Before Collapse

Report: Wirecard Execs May Have Hidden $1B Before Collapse
Report: Wirecard Execs May Have Hidden $1B Before Collapse
August 07, 2020  |  Cybersecurity

In anticipation of its collapse in June, Wirecard AG executives may have raided the German payment company and deposited $1 billion in partner companies while...

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US Unemployment Rate Drops To 10.2 Pct
US Unemployment Rate Drops To 10.2 Pct
August 07, 2020  |  Economy

The nation’s economy added 1.8 million jobs in July, slightly better than analysts’ expectations, while the unemployment rate fell to 10.2 percent, the U.S. Labor...

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Tencent Stock Drops After Trump Bans WeChat
Tencent Stock Drops After Trump Bans WeChat
August 07, 2020  |  Cross-border Payments

It didn’t take long for China’s market to react to President Donald Trump’s executive order banning WeChat. Get the Full Story Complete the form to...

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Uber Counters Ridesharing Slump With Delivery Double-Up
Uber Counters Ridesharing Slump With Delivery Double-Up
August 07, 2020  |  Earnings

Before Q2 2020, Uber was the innovator that launched the concept of a digitally backed ridesharing business with a growing side hustle in the world...

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Trump Bans ByteDance’s TikTok, Tencent’s WeChat
Trump Bans ByteDance’s TikTok, Tencent’s WeChat
August 07, 2020  |  Cross-border Payments

Citing data security issues, President Donald Trump issued two executive orders Thursday night (Aug. 6) banning TikTok and WeChat from the U.S. Get the Full...

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Rural Properties See Surge In Airbnb Bookings
Rural Properties See Surge In Airbnb Bookings
August 06, 2020  |  Travel Payments

As U.S. vacationers look to get away for a while, they’re increasingly turning to rural Airbnb listings where they won’t be as at risk of...

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Kroger Introduces Contactless Mobile Pay At QFC Stores
Kroger Introduces Contactless Mobile Pay At QFC Stores
August 06, 2020  |  Retail

Grocery chain Kroger is rolling out a new contactless pay solution at its Quality Food Centers (QFC) locations, according to a press release. Get the...

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Study: California Sees More Than Half Of Unemployment Applicants A Second Time
Study: California Sees More Than Half Of Unemployment Applicants A Second Time
August 06, 2020  |  Economy

Evidence of the U.S. economic recovery’s unpredictability in the wake of the coronavirus pandemic is on display in California. Get the Full Story Complete the form to...

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