Quick Takes

Postmates To Deliver Last Mile For Local Retail Stores

Postmates To Deliver Last Mile For Local Retail Stores
Postmates To Deliver Last Mile For Local Retail Stores
October 27, 2020  |  Delivery

On-demand delivery firm Postmates is introducing a new service that will work with local retail shops, the company said in a statement on Tuesday (Oct....

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Western Union Expands Real-Time Payouts To Reach 80 Countries
Western Union Expands Real-Time Payouts To Reach 80 Countries
October 26, 2020  |  Cross-border Payments

In its ongoing efforts to beef up its international real-time payments network, Western Union has again expanded its payout options. The move was due in...

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Falling Commercial Real Estate Prices Threaten Bank Losses
Falling Commercial Real Estate Prices Threaten Bank Losses
October 26, 2020  |  Real Estate

Plummeting commercial real estate prices could cause steep bank losses as people continue to work from home and shop online amid the global pandemic, according...

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Fed Chair Powell Urges Thorough Vetting Of Central Bank Digital Currencies
Fed Chair Powell Urges Thorough Vetting Of Central Bank Digital Currencies
October 19, 2020  |  Cryptocurrency

Federal Reserve Board Chair Jerome Powell sounded a cautionary note on Monday (Oct. 19) on the bank’s potential rollout of a digital currency. Get the...

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Plaid ‘Surprised’ At TD Bank’s Lawsuit Alleging It Tricked Consumers
Plaid ‘Surprised’ At TD Bank’s Lawsuit Alleging It Tricked Consumers
October 19, 2020  |  Legal

Plaid is denying that it has used TD Bank‘s logo to dupe customers into sending information it could monetize, a report from The Globe and...

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Mastercard, Stride Enable Portable Health Benefits To Gig Workers
Mastercard, Stride Enable Portable Health Benefits To Gig Workers
October 15, 2020  |  Gig Economy

Mastercard is working with portable benefits program Stride in order to help companies offer U.S. workers access to affordable healthcare plans, according to a press...

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BoA Goes Micro With Consumer Loan Up To $500
BoA Goes Micro With Consumer Loan Up To $500
October 08, 2020  |  Loans

Bank of America (BoA) is muscling into the payday loan business, minus the sky-high fees, as the pandemic continues to upend the financial landscape, according...

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Apple, Amazon, Facebook And Google Slam Congressional Report Calling For Break-Ups
Apple, Amazon, Facebook And Google Slam Congressional Report Calling For Break-Ups
October 07, 2020  |  ANTITRUST

The country’s four largest tech firms wasted no time pushing back on a congressional antitrust report that suggested Amazon, Apple, Facebook and Google have become...

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US House Democrats Urge Antitrust Changes That May Break Up Big Tech
US House Democrats Urge Antitrust Changes That May Break Up Big Tech
October 06, 2020  |  ANTITRUST

House Democrats have decided that big tech companies Google, Amazon, Facebook and Apple have monopoly-style power, and changes need to be made to rein them...

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