PYMNTS News

Microsoft’s CBDC Push Hints at Private Sector’s Role in Shaping Digital Currencies

Microsoft’s CBDC Push Hints at Private Sector’s Role in Shaping Digital Currencies
Microsoft’s CBDC Push Hints at Private Sector’s Role in Shaping Digital Currencies
August 09, 2023  |  CBDC

Central bank digital currencies (CBDC) are on pretty much every central bank’s road map. Get the Full Story Complete the form to unlock this article...

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Groupon Reports Progress in Transformation Plan
Groupon Reports Progress in Transformation Plan
August 09, 2023  |  eCommerce

Groupon is demonstrating progress with its transformation plan, interim CEO Dusan Senkypl said Wednesday (Aug. 9) during the company’s quarterly earnings call. Get the Full...

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Upstart Stock Plunges 34% After Lower-Than-Expected Guidance
Upstart Stock Plunges 34% After Lower-Than-Expected Guidance
August 09, 2023  |  Artificial Intelligence

Artificial intelligence (AI) lending platform Upstart saw its stock plummet 34% Wednesday (Aug. 9). Get the Full Story Complete the form to unlock this article and...

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Global Trade Faces Slowdown as Economic Growth Weakens
Global Trade Faces Slowdown as Economic Growth Weakens
August 09, 2023  |  Economy

The world is facing a major slowdown in global trade as economic growth weakens. Get the Full Story Complete the form to unlock this article...

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Nuvei Sees TPV Up 68% in Q2 But Stock Drops a Third After Earning Report
Nuvei Sees TPV Up 68% in Q2 But Stock Drops a Third After Earning Report
August 09, 2023  |  Earnings

Nuvei Corp. stock dropped 36% Wednesday (Aug. 9) after the Canadian FinTech released its second-quarter earnings showing a net income drop. Get the Full Story...

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SumUp Raises $100 Million to Offer Merchants Cash Advances
SumUp Raises $100 Million to Offer Merchants Cash Advances
August 09, 2023  |  Alternative Credit

SumUp has raised a $100 million credit facility to launch a merchant financing solution. Get the Full Story Complete the form to unlock this article...

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HFSC Ranking Member Maxine Waters ‘Deeply Concerned’ About PayPal Stablecoin
HFSC Ranking Member Maxine Waters ‘Deeply Concerned’ About PayPal Stablecoin
August 09, 2023  |  Blockchain

The top Democrat on the House Financial Services Committee (HFSC), Rep. Maxine Waters, said she is “deeply concerned” about PayPal’s decision to launch a stablecoin....

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Strong Performance in US and Europe Drives Ahold Delhaize Q2 Results
Strong Performance in US and Europe Drives Ahold Delhaize Q2 Results
August 09, 2023  |  Earnings

Netherlands-based multinational grocer Ahold Delhaize reported strong second-quarter 2023 earnings results, driven by growth in loyalty and online sales. Get the Full Story Complete the form to unlock this...

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