Second-quarter revenue jumped 27% year over year, breezing by the 22% Wall Street expectation. Adjusted earnings per share (EPS) surged 80%, surpassing the 60% analyst consensus estimate. Third-quarter revenue guidance also exceeded Wall Street's projection, and management raised its full-year 2024 outlook. The software company, originally focused on the U.S....

Palantir Stock Soars as "Unbridled Demand" for Artificial Intelligence (AI) Software Drives Strong Q2 and Annual Guidance Raise

PYMNTS

Mexico-based FinTech Aviva has raised $5.5 million in seed funding. “This oversubscribed round highlights the strength of our model’s unit economics, as well as our mission to provide innovative and accessible financial services to a market of 70 million people who are still underserved or receive very low-quality products,” the company wrote in a recent LinkedIn post.

Aviva Raises $5.5 Million to Provide Financial Services to ‘Underserved’

Digital banking platform Dave said customers are increasingly turning to its ExtraCash offering. Originations for the cash advance program reached $1.2 billion for the company’s most recent quarter, up 37% year over year, according to a Tuesday (Aug. 6) earnings press release. CEO Jason Wilk said during a conference...

Dave’s ExtraCash Advance Program Grows by 37% Amid Continued Consumer Caution

Digital commerce firm NCR Voyix has found a buyer for its cloud-based banking business. Tech investor Veritas Capital has agreed to purchase the banking platform for $2.45 billion in cash, along with “future additional contingent consideration” of up to $100 million, NCR Voyix announced Tuesday (Aug. 6). “We...

NCR Voyix Sells Digital Banking Arm for $2.5 Billion

The US Sun

AMERICANS have the opportunity to claim a one-time payment from a billion-dollar class action settlement. Visa and Mastercard agreed pay $5.6 billion after consumers paid excessive fees to accept their payment cards. The lawsuit alleged that Visa and Mastercard violated the antitrust laws. Antitrust laws also referred to as competition laws, are statutes developed by […]

Americans to receive one-time payment from $5.6 billion Visa Mastercard settlement – and the deadline has been extended

Capital One credit card merger class action overview:. Who: Plaintiffs Tyler Baker and Lora Grodnick, both Capital One credit card holders, have filed a class action lawsuit against Capital One and Discover. Why: Baker and Grodnick want to halt a merger between the two credit card companies, saying it will...

Capital One credit card holders file class action over Discover merger

The musician and mogul's firm Marcy Venture Partners may be undergoing a merger with Pendulum Holdings, a firm co-founded by Barack Obama's former financial advisor. Jay-z is reportedly making major waves in the venture capital space. The music legend and mogul’s venture capital firm, Marcy Venture Partner may be laying...

Jay-Z's Venture Capital Firm Is Reportedly Laying Plans To Deploy A Merger That Could Be Valued At $1B

Card issuing platform Marqeta has been named issuer-processor for online bank Varo. “Varo selected Marqeta for its ability to combine sophisticated virtual, tokenized and physical card-issuing technology with faster speed-to-market which will help its customers improve their daily relationship with money,” the companies said in a news release Tuesday (Aug. 6).

Marqeta Becomes Issuer-Processor for Varo Bank

The Associated Press

PORTSMOUTH, N.H.--(BUSINESS WIRE)--Aug 5, 2024-- Global information management leader Iron Mountain (NYSE: IRM) today announced the availability of Iron Mountain InSight ® Digital Experience Platform (DXP), a secure software-as-a-service (SaaS) platform. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240805626589/en/ Iron Mountain InSight® Digital Experience Platform (Photo: Business Wire)

Iron Mountain Transforms the Information Experience With New Digital Experience Platform

Illinois State

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writer

Chicago, IL

Foodie in Chicago

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

MUNICH (Reuters) -German prosecutors have charged another two former Wirecard executives, according to a statement from their Munich office on Tuesday, casting their net wider in investigations into one of Germany's biggest corporate scandals. Wirecard collapsed in June 2020 over a 1.9 billion euro ($2.1 billion) hole in its balance...

Two More Wirecard Executives Charged Over Accounting Scandal

Mars is reportedly in discussions to acquire snack maker Kellanova in a deal worth about $30 billion. The purchase could come about “imminently,” The Wall Street Journal reported Monday (Aug. 5), citing unnamed sources. The acquisition would be among the biggest deals of 2024. Kellanova was once part...

Mars Bids for Snack Giant Kellanova in $30 Billion Deal

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Colorado State

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contributor

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

ATLANTA--(BUSINESS WIRE)--Aug 5, 2024-- Sainsbury’s has announced it has chosen NCR Voyix (NYSE: VYX), a global leader in digital commerce solutions, to help transform its shopping experience and support its Next Level Sainsbury’s business strategy. The seven-year agreement expands the UK grocer’s more than 20-year strategic partnership with NCR Voyix. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240805601214/en/ Sainsbury’s has announced it has chosen NCR Voyix (NYSE: VYX), a global leader in digital commerce solutions, to help transform its shopping experience and support its Next Level Sainsbury’s business strategy. The seven-year agreement expands the UK grocer’s more than 20-year strategic partnership with NCR Voyix. (Photo: Business Wire)

Sainsbury’s Partners with NCR Voyix for Exceptional Customer Experience

The layoffs are reportedly part of the hardware vendor’s reorganization efforts targeted at increasing its revenue from AI-related sales. Dell Technologies is reportedly laying off thousands of staffers from its sales team. The layoffs are part of the hardware vendor’s reorganization efforts targeted at increasing its revenue from AI-related...

Dell lays off sales team staffers as it eyes AI sales

The MoneyLion business model pivot continues. A year after posting substantial losses as a neobank, the financial services portal rode its new business model to a second straight profitable quarter as it announced its Q2 earnings Tuesday (Aug. 6). As CEO Dee Choubey told Karen Webster, the middle-income, paycheck-to-paycheck consumer...

MoneyLion Continues to Play Winning Hand With Paycheck-to-Paycheck Consumers

The Current GA

Since 2020, the condition known as long COVID-19 has become a widespread disability affecting the health and quality of life of millions of people across the globe and costing economies billions of dollars in reduced productivity of employees and an overall drop in the work force .

Expert: Long COVID puzzle pieces are falling into place – picture is unsettling

Missouri State

CJ Coombs

Denny's was once a staple of the American diner landscape. In recent years, it has had its ups and downs, especially post-pandemic. The dining habits of people also change. Some customers have a more discerning taste.

Denny's: a legacy of serving customers for over 65 years including 27 locations in Missouri

NewsBreak

NCR Voyix: $2.5 Billion Sale to Veritas Verifies Digital Banking’s Long-Term Potential

Publicly traded companies are marked to market each and every day. And when quarterly results roll in, investors parse the data, the top line and the...

NCR Voyix: $2.5 Billion Sale to Veritas Verifies Digital Banking’s Long-Term Potential

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