Editor’s Picks

Apple Slashes App Store Commission Rate To 15 Pct For Small Businesses

Apple Slashes App Store Commission Rate To 15 Pct For Small Businesses
Apple Slashes App Store Commission Rate To 15 Pct For Small Businesses
November 18, 2020  |  Apple

Apple app developers earning less than $1 million post-commission in annual revenue are eligible to participate in a small-business program that would slash App Store...

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Russian eCommerce Giant Ozon Files For IPO Approaching $1B
Russian eCommerce Giant Ozon Files For IPO Approaching $1B
November 18, 2020  |  IPO

Russian online retailer Ozon is sold on the idea of launching an initial public offering (IPO) of stock in the U.S. — and raising even...

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Visa Expands Fast Track Program To Give FinTechs A Post-COVID Digital-First Edge
Visa Expands Fast Track Program To Give FinTechs A Post-COVID Digital-First Edge
November 18, 2020  |  Banking

Visa’s goal of building what it has called a “network of networks” reflects its view of what adds value in a global financial services ecosystem...

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EXCLUSIVE: Mastercard And Ingo Partner To Bring Instant Payments To Treasury Banks
EXCLUSIVE: Mastercard And Ingo Partner To Bring Instant Payments To Treasury Banks
November 18, 2020  |  Real-Time Payments

When consumers are offered the option of receiving instant payment, they tend to accept it gladly. Research shows that 90 percent of consumers think getting...

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WFH, COVID Have Changed Business Travel, Bill Gates Says
WFH, COVID Have Changed Business Travel, Bill Gates Says
November 17, 2020  |  Travel Payments

Microsoft Co-Founder Bill Gates said he sees big changes on the horizon for business travel once the pandemic is over, with drastic reductions for most...

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McConnell Floats Possibility Of $500B In COVID Stimulus
McConnell Floats Possibility Of $500B In COVID Stimulus
November 17, 2020  |  Economy

As the deliberation over another pandemic-related stimulus continues, U.S. Senate Majority Leader Mitch McConnell said he’s open to a $500 billion package, Reuters reported. Get...

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States Seek Aid To Offset Estimated $400B Shortfall Due To COVID-19
States Seek Aid To Offset Estimated $400B Shortfall Due To COVID-19
November 17, 2020  |  Economy

Faced with the mounting costs of battling COVID-19, state governors across the United States are pushing for more federal relief as coronavirus infections soar and...

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Report: Robinhood Eyes Potential IPO
Report: Robinhood Eyes Potential IPO
November 17, 2020  |  Investments

Stock trading and investment platform Robinhood Markets has reached out to financial institutions for positions in an initial public offering (IPO), Bloomberg reported, citing unnamed...

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