Tiger Global Looks to Raise $6B for New Fund to Invest in Startups
Tiger Global Looks to Raise $6B for New Fund to Invest in Startups
October 06, 2022  |  Investments

Hedge fund Tiger Global is looking to raise $6 billion in a new fund, even as investors shy away from venture backing. Get the Full...

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Trader Joe’s Brings Back Sampling as Competition from eGrocery Grows
Trader Joe’s Brings Back Sampling as Competition from eGrocery Grows
October 06, 2022  |  Retail

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Euro, Dollar Clearing Agencies Prep for Real-Time Transatlantic Payments
Euro, Dollar Clearing Agencies Prep for Real-Time Transatlantic Payments
October 06, 2022  |  Cross-border Payments

The Clearing House (TCH), EBA CLEARING and SWIFT are on track to begin piloting their transatlantic instant payment system known as Immediate Cross-Border Payments (IXB),...

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Report: TikTok Owner ByteDance Saw Losses Triple in 2021
Report: TikTok Owner ByteDance Saw Losses Triple in 2021
October 06, 2022  |  Mobile Applications

ByteDance, the Chinese company that owns TikTok, saw its operating losses triple in 2021, ballooning to more than $7 billion as the company spent to...

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Sightline Invests $300M to Upgrade Slot Machines to Cashless
Sightline Invests $300M to Upgrade Slot Machines to Cashless
October 06, 2022  |  Investments

Sightline Payments will invest up to $300 million to bring cashless gaming to slot machines across the United States. Get the Full Story Complete the...

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Citigroup Blockchain Exec’s Departure for Six Digital Shows Growing Trend
Citigroup Blockchain Exec’s Departure for Six Digital Shows Growing Trend
October 06, 2022  |  Personnel

Executives from legacy banks are leaving key positions in innovative units and subsidiaries to take on roles at newer firms deep in the trenches of...

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SWIFT Claims Cross-Border CBDC Success; ECB Wants Settlement Control
SWIFT Claims Cross-Border CBDC Success; ECB Wants Settlement Control
October 06, 2022  |  CBDC

Financial messaging system SWIFT said that it has solved one of the thorniest problems central bank digital currency (CBDC) developers have been wrestling with: How...

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Uber Founder Leading Virtual Restaurants’ Data Push
Uber Founder Leading Virtual Restaurants’ Data Push
October 06, 2022  |  Restaurant innovation

In an effort to boost his dark kitchens business, Travis Kalanick is going after restaurant aggregators. Get the Full Story Complete the form to unlock...

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Jiko Launches ‘Spendable T-Bill’ Money Storage Solution for Companies
Jiko Launches ‘Spendable T-Bill’ Money Storage Solution for Companies
October 06, 2022  |  B2B Payments

Saying it aims to help firms make their cash work harder, financial network Jiko has announced the public launch of a solution that enables companies...

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