Editor’s Picks

Report: Kabbage, FinTechs Under Justice Department Scrutiny For PPP Loan Distribution

Report: Kabbage, FinTechs Under Justice Department Scrutiny For PPP Loan Distribution
Report: Kabbage, FinTechs Under Justice Department Scrutiny For PPP Loan Distribution
May 09, 2021  |  Loans

The U.S. Department of Justice is conducting a civil probe into whether some FinTechs distributing federal Payroll Protection Program relief botched loan sizes, Reuters reported,...

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Amazon Turns To Postcards To Verify Third-Party Sellers’ Addresses
Amazon Turns To Postcards To Verify Third-Party Sellers’ Addresses
May 09, 2021  |  Amazon

Amazon, arguably one of the world’s more technologically advanced customer-facing companies, is deploying a tool that dates to the 1860s to verify the addresses of...

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What The Anemic Jobs Report Can Tell Us About The Shifting Economy
What The Anemic Jobs Report Can Tell Us About The Shifting Economy
May 07, 2021  |  Economy

There is no joy in economic Mudville today, as the latest jobs report has come in and more or less struck out. The U.S. economy...

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SEC Chair: Congress Should Regulate Crypto Exchanges
SEC Chair: Congress Should Regulate Crypto Exchanges
May 06, 2021  |  Cryptocurrency

Securities and Exchange Commission (SEC) Chairman Gary Gensler said he thinks the cryptocurrency market, now worth $2 trillion, needs more regulation, CoinDesk reported. Get the...

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Twitter Debuts ‘Tip Jar’ Feature For Tipping Beloved Accounts
Twitter Debuts ‘Tip Jar’ Feature For Tipping Beloved Accounts
May 06, 2021  |  Social Commerce

Twitter is rolling out Tip Jar, a new feature to allow tipping for various tweets, according to a company blog post. Get the Full Story...

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Sony Could Face Class-Action Lawsuit Over PlayStation Game Exclusivity
Sony Could Face Class-Action Lawsuit Over PlayStation Game Exclusivity
May 06, 2021  |  Legal & Regulation

A proposed class-action lawsuit brought by gamers alleges that Sony behaved in an anti-competitive manner by denying digital download codes of PlayStation games by third-party...

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Nigeria Renews Cash-For-Digital-Remittance Offer
Nigeria Renews Cash-For-Digital-Remittance Offer
May 06, 2021  |  Digital Payments

The Central Bank of Nigeria (CBN) has renewed its cash reward incentive for using digital remittances, according to a bank memo addressed to all deposit...

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FIS Sees 76 Pct Growth In New Merchant Solutions Sales
FIS Sees 76 Pct Growth In New Merchant Solutions Sales
May 06, 2021  |  Earnings

Fidelity National Information Services (FIS) reported results that showed organic growth as banks moved to modernize their infrastructure and merchants accommodated the continued shift by...

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