Wonder Raised $650 Million in July. Now It’s Cutting 533 New Jersey Jobs

Digital Transactions News staff July 31, 2026 Acquiring, Credit Cards, Digital Currency, E-Commerce, Issuing/Originating, Marketing, Mobile Commerce, Person-to-Person Payments, Prepaid Cards, Transaction Processing The Western Union Co. reported June-quarter revenue of $1 billion, flat with the year-ago result. Net income of $76.7 million was down 37%. Revenue from consumer…

Sam Altman taught me how to vibe code. I’ve spent the past several months reading my colleagues’ excellent coverage on vibe coding and the many ways regular people, from firefighters to busy parents, are building creative solutions to simplify their lives. I wanted to try it myself, but my limited coding experience — editing HTML…

Less “me.” More meaning.

Key Points The open-market acquisition of 55,000 shares was valued at ~$1.0 million based on a weighted average price of $18.80 per share. The purchase represents a transaction size equal to 62% of the total equity holdings held before the transaction. The shares were acquired indirectly through Cheng Capital LLC, increasing total indirect holdings to…

The service will first be made available to the bank’s private banking customers. Credit: Piotr Swat/ Shutterstock.com. Danske Bank has introduced a new advisory platform, called Butterfly, for affluent private clients, a move described as its largest wealth investment to date. The service will first be made available to the bank’s private banking customers before…

EUROPEAN SESSION In the European session, we have the German IFO survey which is expected to improve to 87.2 vs 86.6 in the prior month. The IFO is correlated with the German Composite PMI given that they measure basically the same thing, although they occasionally diverge due to differences in survey design and sector weightings. The…