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News & Trends

Retail
Fast Food Brands Struggle as Consumer Sentiment Sours

Restaurant stocks have been struggling this summer, though it’s not quite...

1 hour ago
Banking
OCC: Banks Unprepared for Cyberattacks and Other Risks

A U.S. banking regulator has reportedly determined that many lenders aren’t...

2 hours ago
IPO
Payments FinTech Ebury Reportedly Planning UK IPO

Santander-owned payments FinTech Ebury is reportedly planning to go public in...

3 hours ago
Security & Fraud
Report: Revolut Leads UK Scam Complaints Amid APP Fraud Surge

Revolut has reportedly denied thousands of British customers reimbursement requests after...

4 hours ago
Social Commerce
LinkedIn Employs AI and Games to Promote Daily User Visits

How often do you visit LinkedIn? The platform wants your answer...

5 hours ago
artificial intelligence
AI Lets People Chat With 'Clones' of Departed Loved Ones

An artificial intelligence (AI) that lets you communicate with a digital...

5 hours ago
Retail
Luxury Brands Slash Prices to Entice Middle-Income Buyers

Luxury brands have begun lowering their prices to win back middle-income...

6 hours ago
Retail
National Ice Cream Day Gets a Sprinkle of Digital Transformation...

Sunday (July 21) is National Ice Cream Day, and as the...

2 days ago
Meta
Nigerian Regulator Fines Meta $220 Million, Alleging Privacy Law Violations 

A Nigerian regulator has fined Meta $220 million, saying the privacy...

2 days ago
Business
Microsoft Outage Could Produce ‘Insurance Catastrophe’

Insurers reportedly could be facing hundreds or thousands of business interruption claims...

2 days ago
Connected Economy
Businesses Scramble for Backup After CrowdStrike Update Hobbles IT Networks

If there ever was a day that needed a Plan B,...

2 days ago
Legal
Federal Reserve Fines Green Dot $44 Million, Alleging Unfair Practices

The Federal Reserve Board said Friday (July 19) that it fined Green Dot...

2 days ago
Earnings
Fifth Third Earnings Focus on Liquidity and Payments Innovations

This quarter’s bank earnings, like the macroenvironment, have been mixed and...

2 days ago
Personnel
Magic Leap Cuts 75 Jobs, Shifts Focus to Technology Licensing

Augmented reality (AR) startup Magic Leap reportedly cut 75 jobs on Thursday (July...

2 days ago
Earnings
Netflix Co-CEO Touts Programming Flexibility and Eyes Ads Tier Business

During Thursday’s Q2 earnings call, Netflix officials discussed a redesigned homepage...

2 days ago
Acquisitions
Congresswoman Waters Urges Regulators to Reject Capital One-Discover Merger

Congresswoman Maxine Waters (D-Calif.) reiterated her opposition to the proposed Capital...

2 days ago
artificial intelligence
Meta’s AI Retreat May Signal EU Regulatory Minefield

Facebook parent Meta’s decision to withhold its latest multimodal artificial intelligence...

2 days ago
Connected Economy
They Said That: Notable Quotables From the Week of July...

This week featured insights from JOOR CEO Kristin Savilia on the...

2 days ago
Connected Economy
Hospitals Cancel Procedures, Find Manual Workarounds Amid Microsoft Outage

Hospitals are reportedly among the organizations being hit hard by the Microsoft...

2 days ago
Bank Regulation
Open Banking Faces Challenges as Banks Urge Delay in New...

Open banking, as it emerges more fully in the United States,...

2 days ago
artificial intelligence
This Week in AI: From Mini GPTs to Construction Cash...

As OpenAI unveils its compact GPT-4o mini and pursues human-level reasoning...

2 days ago
Subscriptions
Restaurants Tinkering With Subscriptions Turn From Freebies to Discounts

As the restaurant industry aims to figure out how to use...

2 days ago
Retail
Navigating Change: Insights From Kenneth Cole and Nuts.com

Earlier this month at The Lead Summit in New York City,...

2 days ago
Earnings
Regions Financial: Business Lending ‘Pipelines Are Beginning to Rebuild’

Regions Financial saw average loans remain stable during the second quarter,...

2 days ago
B2B Payments
Beyond Payments: What B2B Businesses Can Unlock With Clean Data

In today’s digital world, effective use of data defines increasingly defines...

2 days ago
artificial intelligence
Big Tech’s AI Ambitions Face Reality Check, PYMNTS Intelligence Data...

Despite big budgets and bold plans, a new survey conducted by...

2 days ago
Delivery
UPS, FedEx Say Deliveries May Be Delayed by Microsoft Outage

Both UPS and FedEx told their customers Friday (July 19) that...

2 days ago
Retail
Personalized Luxury: The Key to Winning Wealthy Shoppers

In an era where luxury is becoming increasingly defined by personalization,...

2 days ago
Consumer Finance
Chinese Consumers Remain Cautious, Investing Instead of Spending

Chinese consumers are reportedly choosing to repay debt and buy wealth management...

2 days ago
Earnings
Paytm Reports Seeing ‘Green Shoots’ in Business After Regulatory Troubles

Paytm reported Friday (July 19) that its operating revenue slipped again...

2 days ago
Earnings
Amex Earnings: Gen Z, Millennials Drive Credit Card Volume Growth

American Express earnings released on Friday (July 19) show that consumers...

2 days ago
Connected Economy
CrowdStrike CEO Updates Solutions to Global Microsoft Outage

The outage that continued to snarl systems from airports to stock...

2 days ago
artificial intelligence
AI Sparks a Creative Revolution in Business, With an Unexpected...

In the race to harness artificial intelligence (AI), businesses are discovering...

3 days ago
CFPB
CFPB Targets Tipping Model Used by Serena Williams-Backed SoLo Funds

The Consumer Financial Protection Bureau (CFPB) is intensifying its scrutiny of...

3 days ago
Restaurant innovation
Why More Restaurants Need to Bite Into Digital Transformation

Today’s restaurant customers crave the convenience of contactless payments, and opportunities...

3 days ago
Real-Time Payments
It’s the Network, Not the Rail: Ingo Payments’ Edwards Reflects...

Anniversaries are a time to reflect, evaluate and to anticipate what...

3 days ago
Partnerships
Beyond the Bank: Bank of America’s Strategic Shift to FinTech...

In a business landscape that moves fast, standing still can be...

3 days ago
Retail
Amazon’s Prime Day Leaves Walmart+ Deal Days in Summer Haze

As Amazon and Walmart compete to win consumers’ retail spending, it...

3 days ago