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August Tech Layoffs Highest Since January

The Finance Weekly

Changing Tides The tech sector really took off during the COVID-19 pandemic, with companies hiring aggressively to keep up with the surge in demand for digital products and services. VCs this year is set to hit $98 billion, which is a whopping 86% drop from 2021, and venture-backed IPOs are on track to be the lowest since 2016.

AI 239
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Bitcoin Daily: Bitcoin Crests $19,800; Russian Bank To Launch Sbercoin Crypto In 2021

PYMNTS

Morgan on the coin and may launch it experimentally in 2021, CEO Herman Gref said. Promotors Scott Hughes, Cecilia Millan, Karina Chairez and Jackie Aguilar have also been charged for falsely promoting AirBit club “memberships,” promising guaranteed daily returns on cash investments. Eastern Time. The bank is working with J.P.

Bitcoin 80
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How We Will Eat: 2021 Promises To Bring A Digital Appetite

PYMNTS

And in fact, if one looks at various shifts and blurrings of the line in the world of food, the overriding rules that seem set to carry over into 2021 and beyond are all united by the theme of serving up consumers convenience. That’s evidently what consumers are demanding. But the return of one old habit does not a full return make.

Returns 94
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Stake Launches Pay to Card With Checkout.com to Democratise Access to Real Estate Investment

The Fintech Times

Checkout.com , the global digital payments firm, is powering the latest innovation from Stake , the digital, global real estate investment platform, which will enable investors to receive dividends and returns directly to their bank cards. It has gone live following a successful pilot phase in May.

Returns 45
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FedEx Int’l Priority, US Residential Volumes Fuel Strong Q2 Results

PYMNTS

18) as part of its Q2 fiscal 2021 earnings that higher volumes in international priority and U.S. The company said that those factors were offset, in part, by expenses to help with formidable demand and to grow services, pandemic-related costs and “variable compensation expense.”. For Q2 fiscal 2021, FedEx reported $4.83

Volume 105
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Retail 2021: The Five Things Retailers Should Be Talking About At NRF This Week

PYMNTS

This week, NRF’s Retail’s Big Show , as it is commonly referred to, will host a virtual version of its four-day confab, including 90 sessions and 300 exhibitors who will speak to the future of retail in a post-COVID-19 environment. Retail’s survivor will turn the in-store buying experience on its head. In fact, we see it happening.

Consumer 123
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CFPB Takes Action to Ensure Consumers Can Dispute Charges and Obtain Refunds on Buy Now, Pay Later Loans

Fintech Finance

These include a right to dispute charges and demand a refund from the lender after returning a product purchased with a Buy Now, Pay Later loan. The CFPB began studying the Buy Now, Pay Later industry in 2021. In 2021, people disputed or returned $1.8 billion in transactions at the five firms surveyed.