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China’s Food Delivery Giant Meituan To Test Digital Yuan

China’s Food Delivery Giant Meituan To Test Digital Yuan
China’s Food Delivery Giant Meituan To Test Digital Yuan
July 15, 2020  |  Cryptocurrency

Food delivery service giant Meituan Dianping will test China’s digital yuan, according to a Bloomberg report citing unnamed sources who have knowledge of the matter....

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London Judge Dismisses Fraud Case Against Wirecard
London Judge Dismisses Fraud Case Against Wirecard
July 15, 2020  |  Legal

After weeks of relentless headlines on the collapse of Wirecard, the High Court of Justice in London handed the German payments company a victory on...

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CommerceHub Mulls IPO At $2B Valuation
CommerceHub Mulls IPO At $2B Valuation
July 15, 2020  |  IPO

CommerceHub, which makes eCommerce software, is preparing an initial public offering (IPO) that may value the firm at over $2 billion, according a report in...

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MoneyLion Launches RoarMoney Account With Contactless Mobile Wallet
MoneyLion Launches RoarMoney Account With Contactless Mobile Wallet
July 15, 2020  |  Banking

MoneyLion, the New York-based mobile bank, announced the launch of RoarMoneySM, a demand deposit account powered by MetaBank N.A. with Mastercard as its exclusive card...

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Total School Supply Spending Could Surpass $100B In 2020
Total School Supply Spending Could Surpass $100B In 2020
July 15, 2020  |  Retail

Parents are preparing to shell out a record amount of money this year on back-to-school supplies, with computers topping the list amid signs that neither...

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SoFi User Base Triples Since January
SoFi User Base Triples Since January
July 15, 2020  |  Markets

SoFi’s daily trading volumes have surged as of the beginning of this year, while its user base has dramatically risen, SoFi CEO Anthony Noto said...

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Today In Payments: BigCommerce Eyes IPO; Biggest Banks Brace For Loan Losses
Today In Payments: BigCommerce Eyes IPO; Biggest Banks Brace For Loan Losses
July 15, 2020  |  News

In today’s top news, BigCommerce filed for an IPO, and the country’s largest banks have set aside almost $30 billion to cover COVID-19-related losses. Plus,...

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Stimulus Package May Be Unveiled Next Week
Stimulus Package May Be Unveiled Next Week
July 15, 2020  |  Economy

More relief could be on the way for Americans hurting from the economic impacts of COVID-19. Get the Full Story Complete the form to unlock...

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Walmart, Sam’s Club Shoppers Must Wear Face Masks Starting Next Week
Walmart, Sam’s Club Shoppers Must Wear Face Masks Starting Next Week
July 15, 2020  |  Retail

Calling it an easy step to keep customers safe, Walmart Inc. and Sam’s Club will require shoppers to wear masks starting Monday (July 20), per...

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