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Norway Considers Rules to Ensure Consumers Can Pay With Cash
Norway Considers Rules to Ensure Consumers Can Pay With Cash
March 08, 2024  |  Cash

The government of Norway has reportedly proposed rules designed to ensure that consumers can pay with cash. These measures are meant to ensure that those...

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NatWest to End BNPL Option Due to Lower-Than-Expected Use
NatWest to End BNPL Option Due to Lower-Than-Expected Use
March 08, 2024  |  BNPL

NatWest will end its buy now, pay later (BNPL) product May 7 due to lower-than-expected use of the offering. This move comes less than two years...

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PayShepherd Raises $7 Million for Vendor Management Platform
PayShepherd Raises $7 Million for Vendor Management Platform
March 08, 2024  |  Investments

PayShepherd has raised $7 million in a seed funding round for its vendor relationship management platform designed for heavy industry firms. “This new funding will...

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Report: CPG Company Harry’s Prepares to Launch IPO
Report: CPG Company Harry’s Prepares to Launch IPO
March 08, 2024  |  Retail

Consumer packaged goods company Harry’s Inc. reportedly confidentially filed for an initial public offering. The firm, which started with men’s grooming products in 2013 and now has...

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CarParts.com Looks to Mobile App, Content Marketing to Drive Profits
CarParts.com Looks to Mobile App, Content Marketing to Drive Profits
March 07, 2024  |  Earnings

CarParts.com is leaning heavily on its new mobile app and its revamped content marketing efforts as it looks to boost its gross profit. These initiatives around...

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Financial Institutions’ Net Income Drops 43.9% Amid FDIC’s Special Assessment
Financial Institutions’ Net Income Drops 43.9% Amid FDIC’s Special Assessment
March 07, 2024  |  Banking

Financial institutions’ net income dropped 43.9% in the fourth quarter of 2023. The net income of commercial banks and savings institutions insured by the Federal Deposit...

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Consumers’ Total Outstanding Credit Leapt $19.5 Billion in January
Consumers’ Total Outstanding Credit Leapt $19.5 Billion in January
March 07, 2024  |  Consumer Finance

Consumers’ total outstanding credit leapt by $19.5 billion in January. Revolving credit accounted for $8.4 billion of the increase, while nonrevolving credit made up the...

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Fed’s Jerome Powell Says ‘Nowhere Near’ Moving Forward With CBDC
Fed’s Jerome Powell Says ‘Nowhere Near’ Moving Forward With CBDC
March 07, 2024  |  CBDC

In testimony before Congress, Federal Reserve Chairman Jerome Powell said that the idea of the United States adopting a central bank digital currency (CBDC) is far from being...

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LinkedIn Sees 25% Leap in Subscriptions While Adding AI Tools
LinkedIn Sees 25% Leap in Subscriptions While Adding AI Tools
March 07, 2024  |  Subscriptions

LinkedIn’s premium subscription segment reportedly earned $1.7 billion in revenue in 2023. During the same year, the social networking platform for professionals saw a 25%...

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