September 16, 2019
Uber Dials Back Drivers’ Hours In NY

Uber will limit drivers’ access to the app during low-demand times starting Tuesday (Sept. 17), per new regulations in New York City, according to a report by Reuters. The new...

September 15, 2019
Uber Freight Gains Share Of $796B Trucking Industry

Uber might finally turn a profit — not through its rideshare program, but due to its trucking division. The trucking industry generated $796 billion in revenue last year, while the...

September 13, 2019
Top News In Payments: Mastercard Grows Track Platform; Affirm Aims...

Today in the payments news roundup, Mastercard is modernizing its business-to-business (B2B) payment ecosystem. Also, Affirm is reportedly seeking to raise around $1.5 billion in funding. And the Federal Trade...

September 13, 2019
Bitcoin Daily: Russia’s Sberbank Uses Blockchain To Make $15M Buy;...

tZERO announced it has partnered with BLOQ FLIX, the first blockchain entertainment financing company, to provide technology services to tokenize BLOQ FLIX’s finance options. JumpStart Securities is serving as the...

September 12, 2019
Affirm Looks To Raise $1.5B On $3B Valuation

Affirm, a FinTech that offers customers payment plans at the point of sale, is reportedly looking to raise around $1.5 billion in a debt and equity combination, according to a...

September 12, 2019
Uber To Finance Careem Acquisition With $750M Of Debt

Uber said Thursday (Sept. 12) that it will tap $750 million in debt financing to help fund its $3.1 billion buy of Careem, a ride hailing company that is based...

September 12, 2019
ECB Debuts Bond Buying Initiative; Slashes Deposit Rate To Record...

The European Central Bank (ECB) is hoping to revitalize the eurozone economy with a stimulus package consisting of a lower main deposit rate and a new bond-buying program, CNBC reported...

September 11, 2019
Email B2B Scams Cost $26B Over Last Three Years

Email often gets overlooked in the 2019 digital economy, given the higher levels of excitement attached to social media, video and other, more cutting-edge tools — to say nothing of...

September 11, 2019
US: GE to sell millions of Baker Hughes shares

General Electric is looking to raise up to US$3 billion in sale of majority-owned shares, resulting in a reduction of the US industrial conglomerate’s stake in the oilfield services provider...