Editor’s Picks

Former Top HSBC Executive Heads To Facebook’s Libra As CFO

Former Top HSBC Executive Heads To Facebook’s Libra As CFO
Former Top HSBC Executive Heads To Facebook’s Libra As CFO
October 15, 2020  |  Cryptocurrency

The Libra Association, the Facebook-backed stablecoin project, has named former HSBC executive Ian Jenkins as chief financial officer (CFO) and chief risk officer (CRO) of...

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Stripe To Acquire African Payments Processor Paystack
Stripe To Acquire African Payments Processor Paystack
October 15, 2020  |  Partnerships

Stripe is acquiring Paystack, a company that says it processes more than half of online payments in Nigeria. Get the Full Story Complete the form...

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MercadoLibre To Invest More Than $716M In Brazil
MercadoLibre To Invest More Than $716M In Brazil
October 14, 2020  |  Investments

MercadoLibre, which operates platforms for buying and selling goods across Central and South America, is eyeing an investment in Brazil next year that would be...

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WeWork Cuts Rents To Keep Clients
WeWork Cuts Rents To Keep Clients
October 14, 2020  |  Economy

In an effort to hang on to customers during tough times, WeWork is cutting its rents as people continue to largely work from home, according...

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Wells Fargo Sees Some Credit And Debit Card Gains Amid Generally Bad Q3
Wells Fargo Sees Some Credit And Debit Card Gains Amid Generally Bad Q3
October 14, 2020  |  Earnings

Despite reporting rough overall Q3 results Wednesday (Oct. 14), Wells Fargo called out strong mortgage banking fees, higher equity markets and declining sequential charge-offs as...

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Apple Gives New iPhone Buyers Free Subscriptions, Bucking Industry Trend
Apple Gives New iPhone Buyers Free Subscriptions, Bucking Industry Trend
October 14, 2020  |  Apple

Buyers of Apple’s new iPhone 12, which will be available Oct. 23 in the United States for some models and in November for others, will...

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Japan’s Startup Index Soars To Highest Point Since 2006
Japan’s Startup Index Soars To Highest Point Since 2006
October 14, 2020  |  Cross-border Payments

The Tokyo Stock Exchange Mothers Index, which tracks Japan’s startups, has climbed back up this year to finally match an earlier high set in 2006....

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Western Union Extends 35-Year Collaboration With Kroger
Western Union Extends 35-Year Collaboration With Kroger
October 14, 2020  |  Retail

Cross-border money transfer firm Western Union is continuing its 35-year partnership with Kroger, the country’s biggest grocery chain, WU said in a statement on Wednesday...

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