CEO Davies Exits Revolut After One Year
CEO Davies Exits Revolut After One Year
July 27, 2020  |  Personnel

Banking veteran Richard Davies is leaving his role as CEO of banking at digital-banking shop Revolut, one year after coming aboard to bring his seasoned...

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America’s Work-From-Home Transition Will Have Many Economic Ripples
America’s Work-From-Home Transition Will Have Many Economic Ripples
July 27, 2020  |  Economy

About 14 percent of U.S. employees worked remotely before the COVID-19 pandemic, according to Bureau of Labor statistics. And while official figures have yet to be...

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FinTech Dave Reports Data Breach Involving 7.5M Users
FinTech Dave Reports Data Breach Involving 7.5M Users
July 27, 2020  |  Security & Fraud

Hackers boasting that they have “cracked” some of the hashed passwords stolen from digital banking aggregator Dave may be one of the most disturbing elements...

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California Bill Offers Banking Support For Cannabis Businesses
California Bill Offers Banking Support For Cannabis Businesses
July 27, 2020  |  Bank Regulation

A proposed new California bill, AB 1525, would give banking institutions and accountants the green light to work with cannabis businesses. Get the Full Story Complete...

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SAP To Take Qualtrics Public
SAP To Take Qualtrics Public
July 27, 2020  |  IPO

Eighteen months after buying Utah-based management software company Qualtrics for a record $8 billion, SAP SE announced plans to take the company public. Get the...

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Today In Payments: Economists Predict Recovery Will Take Two Years Or More; Google Faces Lawsuit In Australia
Today In Payments: Economists Predict Recovery Will Take Two Years Or More; Google Faces Lawsuit...
July 27, 2020  |  News

In today’s top news, economists say the U.S. economy could take two years to recover, and Google faces a lawsuit in Australia over its use...

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Albertsons’ Online Sales Surge 276 Pct Amid Pandemic
Albertsons’ Online Sales Surge 276 Pct Amid Pandemic
July 27, 2020  |  Earnings

Digital commerce has skyrocketed at Albertsons, as the supermarket giant posted a triple-digit increase in online sales for its most recent quarter amid soaring demand...

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Zuckerberg Likely To Warn Congress Against Weakening Big Tech
Zuckerberg Likely To Warn Congress Against Weakening Big Tech
July 27, 2020  |  Facebook

In his highly anticipated appearance before Congress on Wednesday (July 29), Facebook CEO Mark Zuckerberg is expected to say that the social media mega-company is an American success story....

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SEC Probe Of Under Armour Sales Stats Poised To Move Forward
SEC Probe Of Under Armour Sales Stats Poised To Move Forward
July 27, 2020  |  Regulation

Under Armour is facing possible enforcement action by the U.S. Securities and Exchange Commission (SEC) over allegations the retailer tried to bolster its bottom line...

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