eBay CEO Shares Growth Plan As Company Profits From Digital Shift
eBay CEO Shares Growth Plan As Company Profits From Digital Shift
July 28, 2020  |  Earnings

The newly stripped-down eBay held its first earnings call on Tuesday (July 28) since announcing plans to sell its classified-ad business to Adevinta for $9.2...

READ MORE >
Airbnb, ClassPass Cry Foul Over Apple’s App Store Commissions
Airbnb, ClassPass Cry Foul Over Apple’s App Store Commissions
July 28, 2020  |  Apple

Apple reportedly sought a commission from ClassPass and Airbnb after the platforms started to offer digital classes due to the pandemic, The New York Times...

READ MORE >
SYSPRO Debuts Integrated Payment Processing Within Its ERP Solution To Help Companies Digitize
SYSPRO Debuts Integrated Payment Processing Within Its ERP Solution To Help Companies Digitize
July 28, 2020  |  B2B Payments

SYSPRO, which works in enterprise resource planning (ERP) solutions, has launched a new payment product that will help businesses get ready for digital B2B payments,...

READ MORE >
EMQ Closes Funding Round With $20M For Cross-Border Tech
EMQ Closes Funding Round With $20M For Cross-Border Tech
July 28, 2020  |  B2B Payments

Asia-based financial settlements network EMQ, which works in cross-border payments, has announced the close of a $20 million Series B funding round led by WI...

READ MORE >
Democrats, Republicans Feud Over Newest Stimulus Plan
Democrats, Republicans Feud Over Newest Stimulus Plan
July 28, 2020  |  Economy

Unlike the CARES Act, which passed Congress in March with bipartisan support to deliver $2 trillion in economic relief to the country, this time Republicans...

READ MORE >
Rocket Mortgage Parent Plans $3.3B IPO
Rocket Mortgage Parent Plans $3.3B IPO
July 28, 2020  |  IPO

Detroit-based Rocket Companies, which owns the Dan Gilbert-founded company Rocket Mortgage, is seeking an initial public offering (IPO) for $3.3 billion, Bloomberg reported. Get the...

READ MORE >
June Air Travel Volume Off 86 Pct From Last Year
June Air Travel Volume Off 86 Pct From Last Year
July 28, 2020  |  Travel Payments

The latest forecast from the International Air Transport Association (IATA) has airlines grappling with reduced demand until at least 2024 – and that’s the best-case...

READ MORE >
Hospitals Ask Congress To Forgive $100B In Medicare Loans
Hospitals Ask Congress To Forgive $100B In Medicare Loans
July 28, 2020  |  Healthcare

U.S. hospitals want Congress to forgive $100 billion in Medicare loans that were made earlier this year to help the healthcare system amid the coronavirus...

READ MORE >
NY Federal Judge Orders Unemployment Payouts For Uber, Lyft Drivers
NY Federal Judge Orders Unemployment Payouts For Uber, Lyft Drivers
July 28, 2020  |  Ridesharing

New Yorkers may soon see a lot of smiles on the faces of Uber and Lyft drivers following a judge’s ruling on Tuesday (July 28)...

READ MORE >