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News & Trends

Retail
A Winning Look: Luxury Designers Go for Gold During the...

With eyes around the world glued to the Olympics, luxury fashion...

1 day ago
B2B Payments
Verituity Raises $18.8 Million to Expand AI-Powered Verified Payout Platform

Verituity has raised $18.8 million to support the growth of its...

2 days ago
B2B Payments
Commerzbank to Launch Fully Digital Credit Card Solution for Businesses

Commerzbank plans to expand its credit card offering for business customers...

2 days ago
Apple
Apple Withholds AI, Other Offerings From EU amid DMA Conflicts

Apple will reportedly withhold several new technologies from consumers in the European Union (EU). The...

2 days ago
Disbursements
FTC Lawsuits Resulted in $324 Million in Refunds in 2023

Federal Trade Commission (FTC) lawsuits resulted in over $324 million in...

2 days ago
eCommerce
Online Merchants Scramble as Google’s AI Overviews Shakes Up SEO

Google’s recent rollout of AI Overviews (AIOs) in U.S. search results...

2 days ago
Retail
Grocery Shoppers Favor Omnichannel Purchasing Journeys

Pure-play eCommerce may be slow to catch on in grocery, but...

2 days ago
artificial intelligence
This Week in AI: Google DeepMind; Anthropic’s LLM; and OpenAI...

From Google DeepMind’s video-to-audio tool transforming content creation to Nvidia’s Omniverse...

2 days ago
Retail
Report: Shein Shifting IPO to UK Amid Pressures in US

Shein is reportedly facing numerous challenges in its pursuit of an...

2 days ago
artificial intelligence
OpenAI Acquires Rockset to Bolster Enterprise AI Offerings

OpenAI, the artificial intelligence (AI) firm behind ChatGPT, has bought enterprise...

2 days ago
Legal
Report: Walmart and Capital One Settle Legal Battle

Walmart and Capital One have reportedly settled a lawsuit centering on...

2 days ago
Retail
Back-to-School Sales Are Already Starting as Shoppers Seek More Deals

Back-to-school sales are getting earlier and earlier, as brands and retailers...

2 days ago
Acquisitions
American Express to Acquire Restaurant Tech Providers Tock, Rooam

American Express has announced agreements to acquire two technology providers — Tock and Rooam...

2 days ago
Earnings
CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise

The majority of consumers now seek out both digital and physical...

2 days ago
Partnerships
Report: Santander and Amazon Negotiating Consumer Finance Partnership in EU

Banco Santander and Amazon are reportedly close to reaching a deal in...

2 days ago
Cybersecurity
Cyberattack on Software Provider Stalls Out US Car Dealership Sector

Software, and digital transformation more broadly, have transformed the business landscape....

2 days ago
Buy Now Pay Later
Only 6% of Acquirers Offer Installment Payment Options at Checkout

Fifty-four percent of acquirers — those financial institutions (FIs) that process...

2 days ago
artificial intelligence
SoftBank CEO Masayoshi Son: AI Will Drive ‘Evolution of Humanity’

Ten years from now, artificial intelligence (AI) will be 10,000 times...

2 days ago
Cryptocurrency
BitoGroup and Bankee Partner on Crypto-Friendly Bank Accounts

Cryptocurrency exchange BitoGroup and Far Eastern International Bank Bankee have partnered to...

2 days ago
Bank Regulation
Banking as a Service Faces ‘Slowdown’ as FIs Wait for...

For the banking as a service (BaaS) firms, the Synapse bankruptcy,...

2 days ago
IPO
Report: Pine Labs Considering IPO in India, Seeking $6 Billion Valuation

Asian digital payments provider Pine Labs is reportedly considering a $1 billion...

2 days ago
B2B Payments
Traditional Banks Must Innovate Their B2B Solutions to Stay Competitive

Both the banking and business landscape are being reshaped by next-generation...

2 days ago
Retail
Media Giants Seize on Consumers’ Demand to Get off the...

With the shift in media consumption toward streaming so ingrained now,...

2 days ago
Credit Cards
China Negotiating With Visa, Mastercard to Reduce Transaction Fees

China is reportedly negotiating with Visa, Mastercard and other global card...

2 days ago
Bank Regulation
FDIC’s Resolution Rule Spotlights Specter of Large Bank Failures and...

Last year marked a seismic shift in financial services — as...

2 days ago
Digital Banking
Report: Revolut Planning Share Sale at $40 Billion Valuation

Revolut is reportedly planning a share sale and seeking a valuation...

2 days ago
Consumer Insights
Meet the 27 Million Americans Who Drive 8% of Consumer...

The big consumer news last Friday was that the University of...

2 days ago
Money Mobility
Instant Refunds? Consumers Say They’ll Pay for That

Overpayment disbursements are not the most common payouts nor the largest....

2 days ago
Consumer Payments
Why Merchants Prefer Card-Linked Pay Later Options

Merchants are increasingly recognizing the value of offering general-purpose credit card-linked...

2 days ago
Banking
Capturing the US Family Dynamic Will Power Open Banking’s Future

Without education, awareness, or utility, any innovation will find it hard...

2 days ago
Retail
Amazon and Walmart Court Zillennials’ Loyalty With Sustainability Initiatives

As Amazon and Walmart look to secure the affinity of young...

2 days ago
Banking
Thredd CEO Counts on Regulators to Address Vulnerabilities of Banking...

The relationships between FinTechs, banks and neobanks has been placed under...

2 days ago
Fintech Investments
FinTech IPO Index Slips 2.1% With Sezzle Balancing the Scales

The holiday-shortened week saw the FinTech IPO Index slip 2.1%. Year...

2 days ago
Pandenomics
IRS Finds Most ERC Claims Have Unacceptable Levels of Risk

The IRS plans to deny tens of thousands “improper high-risk” Employee Retention...

3 days ago
Cybersecurity
Report: Consumer Data From Snowflake Hack Being Sold to Cybercriminals

Consumer data from LendingTree subsidiary QuoteWizard was reportedly stolen by hackers,...

3 days ago
IPO
Acorns Will ‘Likely’ Go Public, CEO Noah Kerner Says

Investing and checking accounts app Acorns reportedly expects to launch an...

3 days ago
artificial intelligence
Target Pilots GenAI-Powered Chatbot Designed for Store Staffers

Target is piloting a generative artificial intelligence (AI)-powered chatbot that answers...

3 days ago
Retail
LTK Adds Automatic Direct Message Tool to Creator Commerce Platform

LTK has enhanced its Creator Commerce platform with a new automatic...

3 days ago