MLB: Baseball With No Fans Could Mean $640,000 Per Game Loss
MLB: Baseball With No Fans Could Mean $640,000 Per Game Loss
May 17, 2020  |  Economy

The New York Yankees are looking at a shortfall of $312 million if this year’s Major League Baseball (MLB) season ends up going forward with...

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In Probe Over Third-Party Info, Amazon Says ‘Appropriate’ Exec To Testify
In Probe Over Third-Party Info, Amazon Says ‘Appropriate’ Exec To Testify
May 17, 2020  |  Amazon

Amazon says it plans to send an “appropriate” executive to testify before Congress about how the company uses third-party data,  after the U.S. House of...

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Fed: US Banks Vulnerable To Loss From Pandemic
Fed: US Banks Vulnerable To Loss From Pandemic
May 17, 2020  |  Banking

U.S. banks could be at risk for massive losses as the pandemic strains their resources, the Federal Reserve warned in its semi-annual report on financial...

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SMBs Could Get More Flexibility To Use PPP Loans 
SMBs Could Get More Flexibility To Use PPP Loans 
May 17, 2020  |  Loans

The rules surrounding small business loans from the Paycheck Protection Program (PPP) are being overhauled as demand cools and small and medium-sized business (SMBs) owners...

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India Regs Challenge WhatsApp Over Digital Payments Services
India Regs Challenge WhatsApp Over Digital Payments Services
May 17, 2020  |  Digital Payments

Facebook’s WhatsApp could be abusing its position of power in India by stealthily offering payment options, according to Reuters. Get the Full Story Complete the...

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Feds Probe Loss Of Millions In Jobless Claims To Fraudsters
Feds Probe Loss Of Millions In Jobless Claims To Fraudsters
May 17, 2020  |  Security & Fraud

A Nigerian fraud ring is suspected by the U.S. Secret Service of siphoning hundreds of millions of dollars in unemployment payments from numerous state programs...

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B2B VC Firm FINTOP Exceeds Goal With $126M
B2B VC Firm FINTOP Exceeds Goal With $126M
May 17, 2020  |  B2B Payments

Venture capital (VC) firm FINTOP Capital closed FINTOP Fund II with $126 million, surpassing the company’s goal of $100 million, FINTOP said in a statement....

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Office Depot Restructuring To Support B2B Solutions, IT Services
Office Depot Restructuring To Support B2B Solutions, IT Services
May 17, 2020  |  B2B Payments

In order to “realign its operational focus to support its business-to-business solutions and IT services business units and improve costs,” Office Depot is planning to...

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Esticom, Foundation Team To Speed Up Construction Project Management
Esticom, Foundation Team To Speed Up Construction Project Management
May 17, 2020  |  B2B Payments

Esticom, a cloud-based estimating software that aims to aid contractors, is partnering with Foundation Software to help construction company management by streamlining the exchange of...

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