Quick Takes

Postmates To Deliver Last Mile For Local Retail Stores
Postmates To Deliver Last Mile For Local Retail Stores
October 27, 2020  |  Delivery

On-demand delivery firm Postmates is introducing a new service that will work with local retail shops, the company said in a statement on Tuesday (Oct....

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Western Union Expands Real-Time Payouts To Reach 80 Countries
Western Union Expands Real-Time Payouts To Reach 80 Countries
October 26, 2020  |  Cross-border Payments

In its ongoing efforts to beef up its international real-time payments network, Western Union has again expanded its payout options. The move was due in...

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Falling Commercial Real Estate Prices Threaten Bank Losses
Falling Commercial Real Estate Prices Threaten Bank Losses
October 26, 2020  |  Real Estate

Plummeting commercial real estate prices could cause steep bank losses as people continue to work from home and shop online amid the global pandemic, according...

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Fed Chair Powell Urges Thorough Vetting Of Central Bank Digital Currencies
Fed Chair Powell Urges Thorough Vetting Of Central Bank Digital Currencies
October 19, 2020  |  Cryptocurrency

Federal Reserve Board Chair Jerome Powell sounded a cautionary note on Monday (Oct. 19) on the bank’s potential rollout of a digital currency. Powell warned...

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Plaid ‘Surprised’ At TD Bank’s Lawsuit Alleging It Tricked Consumers
Plaid ‘Surprised’ At TD Bank’s Lawsuit Alleging It Tricked Consumers
October 19, 2020  |  Legal

Plaid is denying that it has used TD Bank‘s logo to dupe customers into sending information it could monetize, a report from The Globe and...

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Mastercard, Stride Enable Portable Health Benefits To Gig Workers
Mastercard, Stride Enable Portable Health Benefits To Gig Workers
October 15, 2020  |  Gig Economy

Mastercard is working with portable benefits program Stride in order to help companies offer U.S. workers access to affordable healthcare plans, according to a press...

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BoA Goes Micro With Consumer Loan Up To $500
BoA Goes Micro With Consumer Loan Up To $500
October 08, 2020  |  Loans

Bank of America (BoA) is muscling into the payday loan business, minus the sky-high fees, as the pandemic continues to upend the financial landscape, according...

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Apple, Amazon, Facebook And Google Slam Congressional Report Calling For Break-Ups
Apple, Amazon, Facebook And Google Slam Congressional Report Calling For Break-Ups
October 07, 2020  |  ANTITRUST

The country’s four largest tech firms wasted no time pushing back on a congressional antitrust report that suggested Amazon, Apple, Facebook and Google have become...

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US House Democrats Urge Antitrust Changes That May Break Up Big Tech
US House Democrats Urge Antitrust Changes That May Break Up Big Tech
October 06, 2020  |  ANTITRUST

House Democrats have decided that big tech companies Google, Amazon, Facebook and Apple have monopoly-style power, and changes need to be made to rein them...

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