PayCargo Raises $130M for Global Expansion
PayCargo Raises $130M for Global Expansion
June 15, 2022  |  B2B Payments

Logistics payments firm PayCargo raised $130 million in a Series C funding round from a single investor, Blackstone Growth, to further the startup’s global expansion...

READ MORE >
Qualcomm Wins Appeal of EU $1B Antitrust Fine for Apple Payments
Qualcomm Wins Appeal of EU $1B Antitrust Fine for Apple Payments
June 15, 2022  |  Regulation

Qualcomm has won its appeal of a €997 million (about $1.04 billion) fine from European Union regulators over payments made to Apple to use Qualcomm...

READ MORE >
Today in Data: ‘Crypto Winter’ Looms as Official Summer Kickoff Nears
Today in Data: ‘Crypto Winter’ Looms as Official Summer Kickoff Nears
June 15, 2022  |  Today In Data

Today in data, cryptocurrency investors want their money now before their digital currencies lose even more value. Also, Coinbase slashes its workforce with another “crypto...

READ MORE >
Amazon-Linked Grocer SpartanNash Plucks Up Existing Supermarkets
Amazon-Linked Grocer SpartanNash Plucks Up Existing Supermarkets
June 15, 2022  |  Amazon

Grand Rapids, Michigan-based SpartanNash, a publicly traded food distributor and retailer with ties to Amazon, is growing its retail footprint by buying up existing grocery...

READ MORE >
Retail Sales Turn Negative, Reflect Broad-Based Consumer Caution
Retail Sales Turn Negative, Reflect Broad-Based Consumer Caution
June 15, 2022  |  Retail

U.S. retail sales unexpectedly fell 0.3% in May from a downwardly revised 0.7% pace in April, extending a four-month slowdown and delivering the strongest proof...

READ MORE >
Paysend Launches Business Solution to Power Small Business Payments
Paysend Launches Business Solution to Power Small Business Payments
June 15, 2022  |  B2B Payments

Paysend has launched a business solution to provide small- to medium-sized businesses (SMBs) worldwide with end-to-end payments and other tools to boost growth and diversify,...

READ MORE >
US, UK Encourage Privacy-Enhancing Innovation to Combat Money Laundering
US, UK Encourage Privacy-Enhancing Innovation to Combat Money Laundering
June 15, 2022  |  AML

The U.S. and U.K. governments announced on Monday (June 13) a new joint initiative to encourage the development of privacy-enhancing technology (PET) that could be...

READ MORE >
Walmart Boosts Home Furnishings With Miranda Lambert Deal
Walmart Boosts Home Furnishings With Miranda Lambert Deal
June 15, 2022  |  Retail

Walmart continues to take steps to boost its home furnishings lines, announcing another high-profile deal in the space only a few weeks after launching the...

READ MORE >
Shoppers Return to H&M Stores as COVID-19 Fears Subside
Shoppers Return to H&M Stores as COVID-19 Fears Subside
June 15, 2022  |  Retail

The lifting of quarantines and other pandemic-related restrictions across Europe and around the world led shoppers to return to the brick-and-mortar locations of fashion retailer...

READ MORE >