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GPS Capital Markets For Sale, Sources Say

PYMNTS

Corporate foreign exchange brokerage GPS Capital Markets is reportedly up for sale, unnamed sources told PE Hub. As of last year, the company employed 63 people, reports said, citing Utah Business data. As of last year, the company employed 63 people, reports said, citing Utah Business data. corporates lost a combined $23.39

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Bitcoin Daily: SEC Freezes Crypto Firm?s Assets, Alleging It Stole $12M From Investors; Hong Kong: 39 Pct Of New FinTechs There Are Blockchain Firms; Coinbase Eyes Selling Blockchain Analytics To IRS, DEA

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The Securities & Exchange Commission ( SEC ) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports. The defendant in the case is Utah resident Daniel F. The group managed to get $12 million from 2,000 investors, Coindesk reports.

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Amazon Plans Whole Foods Expansions In Closed Sears Stores

PYMNTS

For example, Whole Foods managers went to a site in Utah that used to be a Kmart. Neil Saunders, managing director of retail at GlobalData, said Amazon is smart to secure former retail spaces, and that landlords are open to grocery stores because they help drive foot traffic. Sources told Yahoo!

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Corporate Cards Flex Their Rewards Muscles To Support Business Growth

PYMNTS

With businesses large and small increasingly turning their attention toward recovery efforts, the commercial credit card market is exploring ways to help their corporate card holders. Divvy Lands $165 Million For Spend Management Tech. Commercial Card, Global Commercial Services, Courtney Kelso in a statement.

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Play Store Has State AGs Exploring Third Google Lawsuit

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Alphabet-owned Google could be hit by a third lawsuit by state attorneys general, this time over its management of the Play Store, Reuters reported on Friday (Jan. This latest Google probe will be headed by the attorneys general of Utah, North Carolina and New York, one of the sources said. 15), citing sources. . and abroad. .

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Subscription Business Models Lead B2B VC Funding

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This week saw an impressive $324 million in combined funding for a range of B2B FinTechs and other solution providers, including alternative lenders looking to support small businesses as they manage working capital instability. Operating a platform that helps organizations manage their documents, eFileCabinet recently announced $11.5

San Jose 226
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Amazon To Build More Whole Foods Locations

PYMNTS

According to the report in the Wall Street Journal , Whole Foods Market aims to have stores in more suburban areas where it has been gaining customers since Amazon bought it. Prior to the acquisition, Whole Foods was in layoff mode as store growth was slowing.

Wyoming 159