SEC Denies Petition for New Crypto Rules; Coinbase Seeks Judicial Review 
SEC Denies Petition for New Crypto Rules; Coinbase Seeks Judicial Review 
December 15, 2023  |  Cryptocurrency

Cryptocurrency exchange Coinbase plans to seek a judicial review of a decision by the Securities and Exchange Commission (SEC) to deny its petition for new rules in the digital...

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Young SMBs Can’t Find Enough Business Financing
Young SMBs Can’t Find Enough Business Financing
December 15, 2023  |  SMBs

Working capital is the lifeblood of businesses of all sizes, and to those companies just starting, access to financing can mean the difference between stagnation...

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Qogita Secures $87 Million to Grow Wholesale Procurement Platform 
Qogita Secures $87 Million to Grow Wholesale Procurement Platform 
December 15, 2023  |  Investments

London-based startup Qogita has reportedly secured 80 million euros ($87.3 million) in a Series B round for its wholesale procurement platform for small- to medium-sized businesses...

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DLT’s Role in Traditional Finance May Scale With Tokenized Loans
DLT’s Role in Traditional Finance May Scale With Tokenized Loans
December 15, 2023  |  Blockchain

Distributed ledger technology (DLT) has long been promised to upend traditional financial services. The common refrain has been that blockchain would do so by disintermediating...

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Opendoor Co-Founder Eric Wu to Resign Current Roles Jan. 1
Opendoor Co-Founder Eric Wu to Resign Current Roles Jan. 1
December 15, 2023  |  Personnel

Opendoor Co-founder Eric Wu will resign from the company effective Jan. 1. Wu will leave his roles as president of marketplace and a member of...

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Travelers Are Willing to Splurge on Full-Price Restaurant Meals
Travelers Are Willing to Splurge on Full-Price Restaurant Meals
December 15, 2023  |  Consumer Insights

While many consumers are looking for ways to pinch pennies amid ongoing financial challenges, PYMNTS Intelligence found that diners are more likely to pay full...

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Local Transport App Use Soars Nearly 30% as Commuters Embrace Connectivity
Local Transport App Use Soars Nearly 30% as Commuters Embrace Connectivity
December 15, 2023  |  Transportation

Consumers are actively engaging in various digital activities, according to the latest edition of the “How The World Does Digital” report by PYMNTS Intelligence, which...

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H&M Steers Upmarket to Pull Away From Shein
H&M Steers Upmarket to Pull Away From Shein
December 15, 2023  |  Retail

Fashion retailer H&M is reportedly making strategic moves to attract more aspirational shoppers and differentiate itself from fast-fashion giant Shein. With Shein’s rapid growth and...

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Chase Announces Grocery Deal as Food Shoppers Demand Cash-Back Rewards
Chase Announces Grocery Deal as Food Shoppers Demand Cash-Back Rewards
December 15, 2023  |  Loyalty & Rewards

Chase is targeting consumers’ demand for food deals with new cash-back offers, a move that comes as consumers seek card-linked offers from grocers. The banking company...

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