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Potential Buyout Deal of Crypto Lender Salt Falls Through After FTX Collapse

Potential Buyout Deal of Crypto Lender Salt Falls Through After FTX Collapse
Potential Buyout Deal of Crypto Lender Salt Falls Through After FTX Collapse
November 15, 2022  |  Acquisitions

Bitcoin and crypto securities firm Bnk To The Future has terminated its previously announced effort to acquire crypto-backed lending platform Salt Lending, citing fallout from...

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Holiday Spending a Focus of New PSCU Payments Index Report
Holiday Spending a Focus of New PSCU Payments Index Report
November 15, 2022  |  Shopping

Consumer purchasing growth for credit cards in October was the lowest of 2022, while growth for debit remained where it has been throughout the year,...

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26% of UK, US Firms Significantly Increase X-Border Workforce Despite Challenges
26% of UK, US Firms Significantly Increase X-Border Workforce Despite Challenges
November 15, 2022  |  Cross-border Payments

The challenges that come with hiring internationally could easily deter organizations from tapping into the worldwide talent pool. Get the Full Story Complete the form...

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Producer Prices Signal More Margin Pressure for Main Street Retailers
Producer Prices Signal More Margin Pressure for Main Street Retailers
November 15, 2022  |  SMBs

Smaller increases in inflation have given investors reason to cheer in recent days. Get the Full Story Complete the form to unlock this article and...

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Home Depot Aims at B2B Friction to Boost Lucrative Professional Customers
Home Depot Aims at B2B Friction to Boost Lucrative Professional Customers
November 15, 2022  |  Earnings

Despite volatility in real estate prices and reduced consumer buying power due to inflation, the country’s largest home improvement retailer said Tuesday (Nov. 15) that...

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Financially Linked to FTX, BlockFi Eyes Chapter 11
Financially Linked to FTX, BlockFi Eyes Chapter 11
November 15, 2022  |  Cryptocurrency

BlockFi, a digital asset lender that received a bailout from FTX earlier this year and which has significant exposure to the exchange and its associated...

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49% of Consumers Use Digital Wallets to Pay Bills
49% of Consumers Use Digital Wallets to Pay Bills
November 15, 2022  |  Digital Payments

Contactless payment for purchases at the point of sale (POS) have been gaining traction, in the aisles and at payment terminals. But the use of...

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10 US Banks Participating in Test of Interoperable Digital Money Platform 
10 US Banks Participating in Test of Interoperable Digital Money Platform 
November 15, 2022  |  Cryptocurrency

Ten members of the banking community are working with the New York Innovation Center (NYIC), which is part of the Federal Reserve Bank of New...

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Raft and PayCargo Partner on Payment Process for Freight Forwarders
Raft and PayCargo Partner on Payment Process for Freight Forwarders
November 15, 2022  |  B2B Payments

Freight bookings and accounts payable (AP) management company Raft has partnered with all-in-one logistics payment platform PayCargo to enhance the payment process for freight forwarders. ...

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