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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...

7 seconds 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...

8 hours ago
B2B Payments
Commerzbank to Launch Fully Digital Credit Card Solution for Businesses

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

9 hours 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...

9 hours ago
Disbursements
FTC Lawsuits Resulted in $324 Million in Refunds in 2023

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

10 hours 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...

10 hours ago
Retail
Grocery Shoppers Favor Omnichannel Purchasing Journeys

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

10 hours 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...

11 hours ago
Retail
Report: Shein Shifting IPO to UK Amid Pressures in US

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

11 hours ago
artificial intelligence
OpenAI Acquires Rockset to Bolster Enterprise AI Offerings

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

11 hours ago
Legal
Report: Walmart and Capital One Settle Legal Battle

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

12 hours 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...

12 hours ago
Acquisitions
American Express to Acquire Restaurant Tech Providers Tock, Rooam

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

13 hours ago
Earnings
CarMax: Click-and-Mortar™ Vehicle Buying Is on the Rise

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

13 hours ago
Partnerships
Report: Santander and Amazon Negotiating Consumer Finance Partnership in EU

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

13 hours ago
Cybersecurity
Cyberattack on Software Provider Stalls Out US Car Dealership Sector

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

13 hours 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...

14 hours 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...

14 hours ago
Cryptocurrency
BitoGroup and Bankee Partner on Crypto-Friendly Bank Accounts

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

15 hours ago
Bank Regulation
Banking as a Service Faces ‘Slowdown’ as FIs Wait for...

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

15 hours 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...

16 hours 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...

16 hours ago
Retail
Media Giants Seize on Consumers’ Demand to Get off the...

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

16 hours ago
Credit Cards
China Negotiating With Visa, Mastercard to Reduce Transaction Fees

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

17 hours ago
Bank Regulation
FDIC’s Resolution Rule Spotlights Specter of Large Bank Failures and...

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

18 hours ago
Digital Banking
Report: Revolut Planning Share Sale at $40 Billion Valuation

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

18 hours ago
Consumer Insights
Meet the 27 Million Americans Who Drive 8% of Consumer...

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

21 hours ago
Money Mobility
Instant Refunds? Consumers Say They’ll Pay for That

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

24 hours ago
Consumer Payments
Why Merchants Prefer Card-Linked Pay Later Options

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

24 hours ago
Banking
Capturing the US Family Dynamic Will Power Open Banking’s Future

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

24 hours ago
Retail
Amazon and Walmart Court Zillennials’ Loyalty With Sustainability Initiatives

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

1 day ago
Banking
Thredd CEO Counts on Regulators to Address Vulnerabilities of Banking...

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

1 day 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...

1 day 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...

1 day ago
Cybersecurity
Report: Consumer Data From Snowflake Hack Being Sold to Cybercriminals

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

1 day ago
IPO
Acorns Will ‘Likely’ Go Public, CEO Noah Kerner Says

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

1 day ago
artificial intelligence
Target Pilots GenAI-Powered Chatbot Designed for Store Staffers

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

1 day ago
Retail
LTK Adds Automatic Direct Message Tool to Creator Commerce Platform

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

1 day ago