Crypto Insolvencies Spread as Top Bitcoin Mining Pool Halts Withdrawals

Crypto Insolvencies Spread as Top Bitcoin Mining Pool Halts Withdrawals
Crypto Insolvencies Spread as Top Bitcoin Mining Pool Halts Withdrawals
September 06, 2022  |  Cryptocurrency

A crypto mining pool that accounts for nearly 10% of bitcoin’s computing power has cut off withdrawals, citing liquidity issues as it blocks members from...

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Investment Firm Aquila Buys Cibar to Add Trade Finance Solutions
Investment Firm Aquila Buys Cibar to Add Trade Finance Solutions
September 06, 2022  |  Acquisitions

Investment firm Aquila, a wholly owned subsidiary of Constellation Software, has acquired banking software solution provider Cibar to add trade finance solutions to its group...

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Convenience Stores Boost Prepared Food Offerings to Gain Share from Restaurants
Convenience Stores Boost Prepared Food Offerings to Gain Share from Restaurants
September 06, 2022  |  Retail

As food prices continue to rise, and consumers continue to seek out cost-effective meal solutions that do not require the time it takes to cook...

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New UK Prime Minister Inherits Worsening Crisis, Skyrocketing Energy Bills
New UK Prime Minister Inherits Worsening Crisis, Skyrocketing Energy Bills
September 06, 2022  |  Politics

For believers in pathetic fallacy, the thunderclouds hanging over London today are an ominous sign for Liz Truss, who has officially been handed the reins...

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B2B Payment Funding Down — But Not Out
B2B Payment Funding Down — But Not Out
September 06, 2022  |  B2B Payments

Venture capital, private equity, seed and angel funding have been in the doldrums this summer, but there has been activity in the B2B payments space....

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Monavate Provides Prepaid Card Scheme for Maps.me
Monavate Provides Prepaid Card Scheme for Maps.me
September 06, 2022  |  Payment Methods

U.K.-based FinTech Monavate has announced a new prepaid Mastercard card product in collaboration with Maps.me that will allow the travel app developer’s 60 million users...

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Uber Expands Services in Sub-Saharan Africa
Uber Expands Services in Sub-Saharan Africa
September 06, 2022  |  Ridesharing

Uber has launched a series of new products and features in five countries across sub-Saharan Africa, the ride-hailing company announced Tuesday (Sept. 6). Get the...

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New Car Sales Up 9%; Used Vehicles Sales Drop 17% YoY for August
New Car Sales Up 9%; Used Vehicles Sales Drop 17% YoY for August
September 06, 2022  |  Economy

Car shoppers have been opting for new vehicles over used ones, according to recent studies, with August sales for pre-owned cars estimated to reach 1.2...

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Open Banking Europe and Open Banking Exchange Merge to Create ‘One Global OBE’
Open Banking Europe and Open Banking Exchange Merge to Create ‘One Global OBE’
September 06, 2022  |  Digital-First Banking

Open Banking Europe announced Monday (Sept. 5) that it has merged with its international division, Open Banking Exchange, to form a single global organization called...

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