Global Payments Leader, SumUp, Acquires U.S. Payments and Marketing platform, Fivestars, for $317 Million
USA finance

Global Payments Leader, SumUp, Acquires U.S. Payments and Marketing platform, Fivestars, for $317 Million

Europe’s leading fintech scales its operations within the U.S. through the acquisition of America’s largest local commerce network SumUp, the London-based global payments service provider with over 2,800 employees across three continents, today announces its acquisition of Fivestars (www.fivestars.com), America’s largest two-sided local commerce network that combines a

Gold Spikes on US Debt Fears — Finance Portal Disowns End-of-Year Gold Price Prediction
USA finance

Gold Spikes on US Debt Fears — Finance Portal Disowns End-of-Year Gold Price Prediction

As the price of bitcoin surged in the first days of October, the price of the precious metal gold also rose as a percentage as the US dollar and the country’s 10-year Treasury yields fell last week.  An ounce of fine gold exchanged hands this weekend for $1,760 per unit, up 1.32% since September 29….

Crypto Exchange Gets Refund on $24 Million in Fat-Finger Fees
Cryptocurrency exchanges

Crypto Exchange Gets Refund on $24 Million in Fat-Finger Fees

(Bloomberg) — Most Read from BloombergThe Country That Makes Breakfast for the World Is Plagued by Fire, Frost and DroughtHSBC Bets Big on China as Pressure Mounts in LondonHow Los Angeles Became the City of DingbatsWhy the Gaza Strip May Be the City of the FutureThe Rise of the Pandemic DashboardA cryptocurrency exchange involved in a $100,000 transaction that was mistakenly charged $24 million in fees says the funds are now being returned — a reversal of an epic fat-finger trade on the suppo