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Chinese Officials Join US Politicians In Suddenly Falling Out Of Love With Big Tech 

PYMNTS

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Will Chinese Authorities Force Ant To Restructure? . As such, Yu believes Ant could require a restructuring to defuse systemic risk.

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Toys“R”Us Locks Down $3.1 Billion In Financing

PYMNTS

Toys“R”Us has just managed to secure $3.1 Those new funds, according to Toys“R”Us leadership, will go toward investing in the renovation and modernization of store locations across the nation, with a particular focus on improvements to layout, lighting and usability for customers.

Finance 46
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Open Banking, Synthetic ID Fraud, Supplemental Jobless Benefits Top This Week’s News

PYMNTS

Nike Restructures Corporate Leadership In Digital Push . Nike unveiled multiple changes to its top leadership Wednesday (July 22) as it seeks to accelerate its digital business as well as streamline customer experiences with a Consumer Direct Acceleration (CDA) roadmap. Salesforce Boosts Payments Capabilities For Users.

Banking 63