Crypto Insolvencies Spread as Top Bitcoin Mining Pool Halts Withdrawals
Crypto Insolvencies Spread as Top Bitcoin Mining Pool Halts Withdrawals
September 06, 2022  |  Cryptocurrency

A crypto mining pool that accounts for nearly 10% of bitcoin’s computing power has cut off withdrawals, citing liquidity issues as it blocks members from...

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Investment Firm Aquila Buys Cibar to Add Trade Finance Solutions
Investment Firm Aquila Buys Cibar to Add Trade Finance Solutions
September 06, 2022  |  Acquisitions

Investment firm Aquila, a wholly owned subsidiary of Constellation Software, has acquired banking software solution provider Cibar to add trade finance solutions to its group...

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Convenience Stores Boost Prepared Food Offerings to Gain Share from Restaurants
Convenience Stores Boost Prepared Food Offerings to Gain Share from Restaurants
September 06, 2022  |  Retail

As food prices continue to rise, and consumers continue to seek out cost-effective meal solutions that do not require the time it takes to cook...

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New UK Prime Minister Inherits Worsening Crisis, Skyrocketing Energy Bills
New UK Prime Minister Inherits Worsening Crisis, Skyrocketing Energy Bills
September 06, 2022  |  Politics

For believers in pathetic fallacy, the thunderclouds hanging over London today are an ominous sign for Liz Truss, who has officially been handed the reins...

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B2B Payment Funding Down — But Not Out
B2B Payment Funding Down — But Not Out
September 06, 2022  |  B2B Payments

Venture capital, private equity, seed and angel funding have been in the doldrums this summer, but there has been activity in the B2B payments space....

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Monavate Provides Prepaid Card Scheme for Maps.me
Monavate Provides Prepaid Card Scheme for Maps.me
September 06, 2022  |  Payment Methods

U.K.-based FinTech Monavate has announced a new prepaid Mastercard card product in collaboration with Maps.me that will allow the travel app developer’s 60 million users...

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Uber Expands Services in Sub-Saharan Africa
Uber Expands Services in Sub-Saharan Africa
September 06, 2022  |  Ridesharing

Uber has launched a series of new products and features in five countries across sub-Saharan Africa, the ride-hailing company announced Tuesday (Sept. 6). Get the...

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New Car Sales Up 9%; Used Vehicles Sales Drop 17% YoY for August
New Car Sales Up 9%; Used Vehicles Sales Drop 17% YoY for August
September 06, 2022  |  Economy

Car shoppers have been opting for new vehicles over used ones, according to recent studies, with August sales for pre-owned cars estimated to reach 1.2...

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Open Banking Europe and Open Banking Exchange Merge to Create ‘One Global OBE’
Open Banking Europe and Open Banking Exchange Merge to Create ‘One Global OBE’
September 06, 2022  |  Digital-First Banking

Open Banking Europe announced Monday (Sept. 5) that it has merged with its international division, Open Banking Exchange, to form a single global organization called...

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