Quick Takes

SWIFT Launches Service For Low-Value Cross-Border Payments
SWIFT Launches Service For Low-Value Cross-Border Payments
October 01, 2020  |  Cross-border Payments

SWIFT, a global provider of secure financial messaging, announced a new service Thursday (Oct. 1) that promises to improve the experience for small and medium-sized...

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New US Businesses Up 12 Pct, Highest Since 2007
New US Businesses Up 12 Pct, Highest Since 2007
September 27, 2020  |  SMBs

New businesses are being started at a faster rate during the COVID-19 pandemic than they have been in years, a Wall Street Journal (WSJ) report...

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Report: FinCEN Files Reveal Billions In Suspicious Money Flows
Report: FinCEN Files Reveal Billions In Suspicious Money Flows
September 21, 2020  |  Security & Fraud

A shocking new report reveals an underworld of corruption in the world’s banks and how governments allow it to thrive, BuzzFeed News reported. The Financial...

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Australia Central Bank Sees No ‘Public Policy’ Case For CBDC (For Now)
Australia Central Bank Sees No ‘Public Policy’ Case For CBDC (For Now)
September 17, 2020  |  Cryptocurrency

The race to develop central bank digital currencies (CBDCs) is underway, but it seems the Reserve Bank of Australia may not be in the running....

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Report: Walmart’s Flipkart To Go Public
Report: Walmart’s Flipkart To Go Public
September 16, 2020  |  IPO

India’s Flipkart Group, the eCommerce firm owned largely by Walmart Inc., is preparing an initial public offering (IPO) as early as next year, Reuters reported....

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US Retailers Added 249,000 Jobs In August
US Retailers Added 249,000 Jobs In August
September 07, 2020  |  Economy

Last Friday’s (Sept. 4) jobs report brought good news to the nation’s retail sector as it added nearly one quarter of a million jobs in...

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United Airlines CEO: ‘Tough Year Ahead’ Before Vaccine Exists
United Airlines CEO: ‘Tough Year Ahead’ Before Vaccine Exists
August 31, 2020  |  Coronavirus

United Airlines CEO Scott Kirby believes air travel will come back once a vaccine exists for the coronavirus. “We’ve got a tough year ahead until there’s...

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SPACs ‘Not A Fit For Every Company’ Says DraftKings Chief
SPACs ‘Not A Fit For Every Company’ Says DraftKings Chief
August 30, 2020  |  Investments

Fantasy gaming company DraftKings CEO Jason Robins thinks the special purpose acquisition company (SPAC) market might be getting a little too big and hopes it...

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US Foods Helps Restaurants Start Ghost Kitchens
US Foods Helps Restaurants Start Ghost Kitchens
August 19, 2020  |  Retail

US Foods Holding Corp., an Illinois-based food service distributor, has announced an initiative to help restaurant operators launch ghost kitchens. With the new US Foods Ghost...

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