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Surging Cross-Border Payment Volumes Reflect Rise of Multinational D2C Sellers

Surging Cross-Border Payment Volumes Reflect Rise of Multinational D2C Sellers
Surging Cross-Border Payment Volumes Reflect Rise of Multinational D2C Sellers
August 16, 2022  |  Cross-border Payments

The continued eCommerce shift has merchants — especially larger ones — pivoting to sell their products directly to consumers (D2C). Get the Full Story Complete...

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TenureX Teams With TM Group to Democratize Correspondent Banking in Nordics Region
TenureX Teams With TM Group to Democratize Correspondent Banking in Nordics Region
August 16, 2022  |  Banking

Correspondent banking startup TenureX is partnering with technology management and integration firm TM Group in a move to democratize correspondent banking in the Nordics region. Get the Full Story...

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Tencent Looks to Sell Stake in Food Delivery Firm Meituan
Tencent Looks to Sell Stake in Food Delivery Firm Meituan
August 16, 2022  |  Big Tech

China’s Tencent Holdings wants to sell most — if not all — of its stake in the food delivery platform Meituan as the government cracks...

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Qdoba Buyer Secures Additional $1B to Forge Farm-to-Table Supply Chain
Qdoba Buyer Secures Additional $1B to Forge Farm-to-Table Supply Chain
August 16, 2022  |  Restaurant innovation

As many major restaurant brands focus on optimizing their back-of-house operations or providing customers with the most frictionless ordering experience, one is taking a wider...

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Tencent Halts NFT Sales to Public on Huanhe Amid Regulatory Pressure
Tencent Halts NFT Sales to Public on Huanhe Amid Regulatory Pressure
August 16, 2022  |  NFTs

New sales to the public of non-fungible tokens (NFTs) are now halted on the Tencent platform Huanhe as regulatory scrutiny in China intensifies. Get the...

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Fed Offers Crypto Banks Path to Global Payments Rails
Fed Offers Crypto Banks Path to Global Payments Rails
August 16, 2022  |  Cryptocurrency

The Federal Reserve has opened a path for crypto banks and stablecoin issuers to gain access to master accounts that would bring access to the...

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Walmart CEO: We’re a More Digital, Relevant, Omnichannel Retailer
Walmart CEO: We’re a More Digital, Relevant, Omnichannel Retailer
August 16, 2022  |  Retail

By most measures, the past three months have been some of the toughest that Walmart has faced in decades, as the bite of inflation has...

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Home Depot’s Record Q2 Shows Nesting Trend Not Done Yet
Home Depot’s Record Q2 Shows Nesting Trend Not Done Yet
August 16, 2022  |  Retail

A backlog of home improvement projects among professional customers helped The Home Depot keep its momentum in the second quarter of fiscal 2022 as the...

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Western Union CFO Raj Agrawal Departs for Arrow Electronics
Western Union CFO Raj Agrawal Departs for Arrow Electronics
August 16, 2022  |  Personnel

After 16 years with the company, Western Union Chief Financial Officer Raj Agrawal is stepping down from his position, the money transfer company announced Tuesday...

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