July 24, 2020
Kenya’s Central Bank Seeks To Govern Digital Lending Interest Rates

The central bank of Kenya is putting forward new legislation to govern interest rates charged for digital lenders’ loans. Online lenders will need the green light from the central bank...

July 24, 2020
Megamalls Like Mall Of America And American Dream Face Mega...

Megamalls are having mega problems. The two largest U.S. malls — Minnesota’s Mall of America and New Jersey’s American Dream mall — are struggling, with the company that owns both...

July 24, 2020
This Week In Payments: Accel’s Amit Jhawar On The Great...

If one were to attempt to boil this week’s payments news down to a single question, it would likely be: “What happens now?” Consumers and businesses are unsure of what...

July 24, 2020
German Finance Ministry Toughens Rules In The Wake Of Wirecard

Germany has taken action to update its rules in the wake of the Wirecard AG scandal as complaints mount that regulators failed to police the insolvent payments company. Get the...

July 24, 2020
More Warnings Surface About Department Stores

More dire warnings for the department store and mall sector showed up this week as the pandemic rages in the majority of U.S. states and an immediate comeback of consumer...

July 24, 2020
Neiman Marcus To Close Store In NYC’s Hudson Yards

Neiman Marcus is reportedly leaving the upscale New York City Hudson Yards shopping center as it undergoes bankruptcy proceedings. The department store retailer had an opening party complete with a...

July 24, 2020
Despite Business Travel Lull, B2B Ride-Hailing Lands Big Funding

Venture capital is no guarantee in times of market volatility, but this week’s B2B venture capital breakdown finds several companies managing to secure millions for solutions that enable B2B eCommerce,...

July 23, 2020
Airbnb Approached With Merger Deal

Home rental startup Airbnb has been approached about going public through a merger with a blank-check acquisition company, a novel way of listing on the stock market that is gaining...

July 23, 2020
Afterpay Creates Incentives For Users To Pay On Time

Payments company Afterpay, which works in the buy now, pay later (BNPL) space, is rolling out a new feature called Pulse to help reward those who make payments on time,...