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Truck Dealers Turn to Payments Tech to Break Check Dependency

Truck Dealers Turn to Payments Tech to Break Check Dependency
Truck Dealers Turn to Payments Tech to Break Check Dependency
June 15, 2022  |  Accounts Payable

When members of accounts payable (AP) teams at specialty dealers suddenly had to start working remotely during the pandemic lockdowns, they quickly saw that they...

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Shopee Cuts Food Delivery, Online Payments Staff
Shopee Cuts Food Delivery, Online Payments Staff
June 15, 2022  |  eCommerce

Singapore-based eCommerce giant Shopee is trimming staff for its food delivery ShopeeFood and online payment ShopeePay teams in Southeast Asia, according to a Yahoo News...

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PayCargo Raises $130M for Global Expansion
PayCargo Raises $130M for Global Expansion
June 15, 2022  |  B2B Payments

Logistics payments firm PayCargo raised $130 million in a Series C funding round from a single investor, Blackstone Growth, to further the startup’s global expansion...

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Qualcomm Wins Appeal of EU $1B Antitrust Fine for Apple Payments
Qualcomm Wins Appeal of EU $1B Antitrust Fine for Apple Payments
June 15, 2022  |  Regulation

Qualcomm has won its appeal of a €997 million (about $1.04 billion) fine from European Union regulators over payments made to Apple to use Qualcomm...

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Today in Data: ‘Crypto Winter’ Looms as Official Summer Kickoff Nears
Today in Data: ‘Crypto Winter’ Looms as Official Summer Kickoff Nears
June 15, 2022  |  Today In Data

Today in data, cryptocurrency investors want their money now before their digital currencies lose even more value. Also, Coinbase slashes its workforce with another “crypto...

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Amazon-Linked Grocer SpartanNash Plucks Up Existing Supermarkets
Amazon-Linked Grocer SpartanNash Plucks Up Existing Supermarkets
June 15, 2022  |  Amazon

Grand Rapids, Michigan-based SpartanNash, a publicly traded food distributor and retailer with ties to Amazon, is growing its retail footprint by buying up existing grocery...

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Retail Sales Turn Negative, Reflect Broad-Based Consumer Caution
Retail Sales Turn Negative, Reflect Broad-Based Consumer Caution
June 15, 2022  |  Retail

U.S. retail sales unexpectedly fell 0.3% in May from a downwardly revised 0.7% pace in April, extending a four-month slowdown and delivering the strongest proof...

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Paysend Launches Business Solution to Power Small Business Payments
Paysend Launches Business Solution to Power Small Business Payments
June 15, 2022  |  B2B Payments

Paysend has launched a business solution to provide small- to medium-sized businesses (SMBs) worldwide with end-to-end payments and other tools to boost growth and diversify,...

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US, UK Encourage Privacy-Enhancing Innovation to Combat Money Laundering
US, UK Encourage Privacy-Enhancing Innovation to Combat Money Laundering
June 15, 2022  |  AML

The U.S. and U.K. governments announced on Monday (June 13) a new joint initiative to encourage the development of privacy-enhancing technology (PET) that could be...

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