News & Trends

Banking
10 Father’s Day Gifts for Dads Who’d Rather Be at...

He’s got a wallet thicker than a FinTech unicorn’s pitch deck,...

17 seconds ago
Personnel
Federal Reserve to Cut Staff 10% Over ‘Couple of Years’

The Federal Reserve plans to cut its workforce by about 10% “over...

9 hours ago
Artificial Intelligence
Anthropic Snags $2.5 Billion Credit Line as AI Demand Rises

Anthropic received a $2.5 billion, five-year revolving credit facility earlier this...

10 hours ago
Artificial Intelligence
Walmart Prepares for a Future Where AI Shops for Consumers

Walmart is gearing up for a shift in consumer behavior as...

11 hours ago
Apple
Apple Disputes Epic Games’ Report of Denial of App Store...

Apple and Epic Games are reportedly sparring over Apple’s denial of...

11 hours ago
Digital Payments
Nuvei to Enable eCommerce Businesses to Accept Wero Digital Wallet

Canadian FinTech company Nuvei has joined the European Payments Initiative (EPI) and plans to enable...

12 hours ago
artificial intelligence
Newman’s Own Uses GenAI to Compete With Consumer Products Giants

In a fiercely competitive food industry dominated by multinational conglomerates, Newman’s...

13 hours ago
Economy
Consumers Brace for Economic Storm, Confidence Plunges to 3-Year Low

Consumer gloom is not quite at historic levels — but it’s...

13 hours ago
Acquisitions
Salesforce to Acquire Convergence to Accelerate Development of AI Agents

Salesforce plans to acquire Convergence.ai to accelerate the development of its...

14 hours ago
Business
3 Ways Mid-Sized Treasurers Are Managing Liquidity Amidst Uncertainty

In a financial environment defined by unpredictability, mid-sized companies are feeling...

14 hours ago
Bank Regulation
OCC Announces Enforcement Actions Against Banks and Individuals

The Office of the Comptroller of the Currency (OCC) has announced...

14 hours ago
Cybersecurity
Coinbase Says Cybersecurity Incident Could Cost It $400 Million

Coinbase disclosed that the cybersecurity incident it reported Thursday (May 15) could...

16 hours ago
Fintech Investments
FinTech Roundup: Chime’s IPO, Funding Rounds and Acquisitions Cap a...

May is only half over and has already proven to be...

16 hours ago
Retail
Richemont Aims to Avoid Price Backlash Seen in Luxury Sector

Luxury group Richemont will reportedly continue to limit its price increases, even in the...

16 hours ago
Cryptocurrency
How Lawmaker Revisions to GENIUS Act Could Impact US Stablecoin...

It can feel as though every week there’s a new stablecoin...

17 hours ago
Artificial Intelligence
This Week in AI: CPOs Say AI Still Needs a...

This week in artificial intelligence, chief product officers said AI needs...

17 hours ago
artificial intelligence
Microsoft CEO Satya Nadella: AI Agents Serve as ‘Chiefs of...

Microsoft has reportedly learned that the ability of artificial intelligence to...

17 hours ago
Fraud Attack
Global Crime Rings Exploit Meta Platforms, Triggering Bank-Fraud Spike

Criminals are “flooding” Facebook and Instagram with bogus ads and marketplace...

22 hours ago
Consumer Insights
Shoppers Pull Back as Half of US Consumers Expect Tariffs...

Few pocketbook issues strike closer to home for American consumers than...

24 hours ago
Faster Payments
Instant Uptake: The Urgent Need for Speed in Digital Disbursements

The digital disbursement landscape is undergoing a profound transformation, driven by...

24 hours ago
Mobile Wallets
US In-Store Mobile Wallet Use Sees 4.3% Increase Since 2022

While U.S. consumers are rapidly embracing mobile wallets for peer-to-peer payments,...

1 day ago
Fintech Investments
FinTech IPO Index Gains 4.4% as Toast and dLocal Get...

Moving into mid-May, the FinTech IPO Index’s 4.4% increase was powered...

1 day ago
artificial intelligence
Meta Delays ‘Behemoth’ AI Model; Business Impact May Be Muted

Meta reportedly is postponing the release of the largest version of...

1 day ago
Legal
FTX to Distribute $5 Billion to Creditors in Second Distribution

FTX’s bankruptcy advisers said Thursday (May 15) that they will distribute...

1 day ago
Acquisitions
Dick’s Sporting Goods to Acquire Foot Locker and Expand Internationally

Dick’s Sporting Goods plans to acquire Foot Locker and position the combined...

1 day ago
Artificial Intelligence
Report: Meta Delays Rollout of Behemoth AI Model Amid Performance...

Meta reportedly delayed the rollout of its flagship artificial intelligence model...

1 day ago
Cryptocurrency
FinTech Partnerships Look to Crack Stablecoin On- and Off-Ramp Challenges

Solutions in search of problems tend to get nowhere. Stablecoins, which...

1 day ago
Cryptocurrency
Coinbase Says SEC Investigating Its Past Reporting of User Metrics

Coinbase Global reportedly said Thursday (May 15) that it is cooperating with...

1 day ago
artificial intelligence
Allpay Says AI Transformation Boosts Productivity, Software Releases

U.K. payments company allpay is using artificial intelligence (AI) and cloud...

1 day ago
Retail
Wayfair to Open Third Large-Format Physical Retail Location in 2027

A year after opening its first large-format physical retail location, Wayfair...

2 days ago
Real-Time Payments
Real-Time Payments Are Most Likely to Be Found at These...

Want or need a payment instantly? Whether you’re a consumer or...

2 days ago
Retail
Retail Sales Muted in April as Front-Loading Fatigue Sets In

Consumer spending, the key engine of the economy in the United...

2 days ago
Data
Equifax Launches US-Based Business Record Data on Cloud

Equifax has launched its B2bConnect small and medium-sized business (SMB) data...

2 days ago
Artificial Intelligence
OpenAI Gaining Market Share in AI Tools, With Google a...

OpenAI’s artificial intelligence (AI) tools showed a surge in website traffic...

2 days ago
B2B Payments
This Week’s B2B Innovation: AI Procurement, Digital Payments and Ongoing...

The B2B space is defined by its workflows and data, both...

2 days ago
Investments
Granola Raises $43 Million for AI That Generates Searchable Meeting...

Granola said Wednesday (May 14) that it raised $43 million in...

2 days ago
Streaming
Netflix Reportedly Weaving GenAI Ads Into Programming

Netflix is reportedly about to experiment with placing ads in the...

2 days ago
Retail
Shein Lowers Prices Following US-China Trade War Truce

Shein cut prices for customers in the United States after Washington...

2 days ago