Debit Card Transactions Soar in Germany Amid Digital Wallet Growth
Debit Card Transactions Soar in Germany Amid Digital Wallet Growth
February 26, 2023  |  Payment Methods

Germany’s girocard clocked 6.7 billion transactions in 2022, a 13% increase compared to the year prior. This led to a 12.2% jump in sales to...

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UK Rapid Grocery Market Booms as Brits Lean Toward At-Home Delivery
UK Rapid Grocery Market Booms as Brits Lean Toward At-Home Delivery
February 26, 2023  |  Delivery

Following deals with Just Eat, Co-op and Sainsbury’s have become the latest U.K. supermarket brands to partner with an aggregator to provide rapid delivery service...

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PayPal Urges Investors to Reject TRC Mini-Tender Offer
PayPal Urges Investors to Reject TRC Mini-Tender Offer
February 26, 2023  |  Investments

PayPal is asking its investors to reject an unsolicited offer by TRC Capital for 2 million of its shares. The so-called “mini-tender” offer — revealed...

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American Companies Like Starbucks, Ralph Lauren Bet on China’s Post-COVID Recovery
American Companies Like Starbucks, Ralph Lauren Bet on China’s Post-COVID Recovery
February 26, 2023  |  Investments

American companies in several industries are banking on increased post-pandemic consumer demand from China. A report Sunday (Feb. 26) by The Wall Street Journal (WSJ)...

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Sequoia Backs Off Crime App Citizen Amid VC Funding Downturn
Sequoia Backs Off Crime App Citizen Amid VC Funding Downturn
February 26, 2023  |  Startups

Sequoia Capital has reportedly stopped funding the crime-tracking app Citizen amid a startup financing drought. According to a Saturday (Feb. 25) Financial Times (FT) report,...

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Amazon Opening More Ultrafast Delivery Sites
Amazon Opening More Ultrafast Delivery Sites
February 26, 2023  |  Amazon

Amazon has reportedly upped its investment in ultrafast delivery amid increased competition from rivals. A key part of its delivery strategy is Amazon’s network of...

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LinkedIn Struck by Recruitment Scam Wave Following Tech Layoffs
LinkedIn Struck by Recruitment Scam Wave Following Tech Layoffs
February 26, 2023  |  Security & Fraud

LinkedIn has reportedly seen a rash of scams targeting remote workers and jobless tech employees. People seeking jobs on the networking site are instead being...

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Supply Chain Woes Ease but Inflationary Pressures Remain
Supply Chain Woes Ease but Inflationary Pressures Remain
February 26, 2023  |  Supply Chain

Supply chains may be healing, but the pressure they put on inflation remains. As Bloomberg News reported Sunday (Feb. 26), shipping costs have come down...

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American Car Center Shutters as Auto Loan Delinquencies Rise
American Car Center Shutters as Auto Loan Delinquencies Rise
February 26, 2023  |  Retail

Subprime lender American Car Center has reportedly closed amid a rise in auto loan delinquencies. The Memphis-based used car seller notified employees Friday (Feb. 24)...

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