Editor’s Picks

Monzo To Cut 120 Jobs Due To Pandemic Fallout

Monzo To Cut 120 Jobs Due To Pandemic Fallout
Monzo To Cut 120 Jobs Due To Pandemic Fallout
June 03, 2020  |  Banking

U.K. digital bank Monzo will cut 120 jobs due to the impact of the coronavirus, Reuters reports. Get the Full Story Complete the form to...

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Chinese Giants Baidu And Midea Launch Joint Smart Appliance Push
Chinese Giants Baidu And Midea Launch Joint Smart Appliance Push
June 03, 2020  |  Cross-border Payments

Homeowners in China and beyond will soon be able to use smart speakers to turn on the lights and control the microwave under a new...

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AMC Warns Of Looming Cash Crunch As COVID Cripples Theater Chain
AMC Warns Of Looming Cash Crunch As COVID Cripples Theater Chain
June 03, 2020  |  Retail

AMC Entertainment Holdings is warning investors that it may not be able to survive “as a going concern” as the movie theater giant struggles with...

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SoftBank Announces $100M Fund For Minority-Led Startups
SoftBank Announces $100M Fund For Minority-Led Startups
June 03, 2020  |  Investments

SoftBank is rolling out a $100 million loan fund targeted exclusively at minority-led startups, in the latest move by a big corporate player to address...

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PayPal Boosts Investment In Tink Open Banking Platform
PayPal Boosts Investment In Tink Open Banking Platform
June 03, 2020  |  Investments

PayPal has re-upped its stake in Tink with an investment of an undisclosed size that was part of a previously announced 90 million euro funding...

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Express Inc. Net Sales Drop 53 Pct Amid Pandemic
Express Inc. Net Sales Drop 53 Pct Amid Pandemic
June 03, 2020  |  Retail

As it took “decisive actions” to maintain liquidity, Express Inc. reported “continued momentum” with its The EXPRESSway Forward long-term strategy, as a phased reopening of...

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NYC Public Trans Contactless Fare Plans Slowed
NYC Public Trans Contactless Fare Plans Slowed
June 03, 2020  |  Payment Methods

New Yorkers who were hoping the city’s public transportation network would soon accept contactless payment will have to wait. Get the Full Story Complete the...

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Lyft Rides Up In May From April But Still Down 70 Pct YOY
Lyft Rides Up In May From April But Still Down 70 Pct YOY
June 03, 2020  |  Ridesharing

While Lyft’s ride counts are rising from the worst parts of the pandemic, they’re still down 70 percent from a year ago, CNBC reported. Get...

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