JPMorgan Says US Consumer in ‘Great Shape’ but Macro Is Deteriorating

JPMorgan Says US Consumer in ‘Great Shape’ but Macro Is Deteriorating
JPMorgan Says US Consumer in ‘Great Shape’ but Macro Is Deteriorating
July 14, 2022  |  Earnings

Reports of the death of consumer spending are greatly exaggerated — at least from the point of view of the nation’s largest lender, J.P. Morgan...

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CFPB Fines Bank of America $100M Over Alleged Unlawful Account Freezing
CFPB Fines Bank of America $100M Over Alleged Unlawful Account Freezing
July 14, 2022  |  CFPB

The Consumer Financial Protection Bureau announced Thursday (July 14) that it has leveled a $100 million fine at Bank of America for allegedly messing up...

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Gensler Says SEC Can ‘Exempt’ Crypto Firms From Disclosures — If They Register
Gensler Says SEC Can ‘Exempt’ Crypto Firms From Disclosures — If They Register
July 14, 2022  |  Cryptocurrency

Securities and Exchange Commission (SEC) Chairman Gary Gensler did not, in fact, offer to exempt cryptocurrency exchanges, lenders and broker dealers from securities laws. Get...

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Flywire Acquires Education Payments Platform Cohort Go
Flywire Acquires Education Payments Platform Cohort Go
July 14, 2022  |  Acquisitions

Global payments enablement and software company Flywire has acquired international education payments platform Cohort Go to bring students, agents and student services to Flywire, according...

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Wow Bao Leverages Vending Machines as Restaurants Rethink Self-Service
Wow Bao Leverages Vending Machines as Restaurants Rethink Self-Service
July 14, 2022  |  Vending Machines

As restaurants look to navigate their ongoing labor challenges, many are leveraging the rise of tech-powered ordering channels to create new dining experiences. Get the...

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Nearly All Millennials, Gen Z-ers Seek Digital Engagement with Restaurants
Nearly All Millennials, Gen Z-ers Seek Digital Engagement with Restaurants
July 14, 2022  |  eCommerce

As restaurants look for ways to drive visits and boost frequency, they are finding that providing a compelling digital experience is key to reaching younger...

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Stablecoin Collapse Sent Voyager Digital and Celsius on Different Paths to Bankruptcy
Stablecoin Collapse Sent Voyager Digital and Celsius on Different Paths to Bankruptcy
July 14, 2022  |  Cryptocurrency

When Celsius Network became the second crypto lender to enter bankruptcy Wednesday (July 13) it looked from the surface like the last of the big...

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UK Online Safety Bill Put on Hold
UK Online Safety Bill Put on Hold
July 14, 2022  |  International

In a move that sparked relief among the tech industry, the United Kingdom’s online safety bill has been postponed for at least several weeks. Get...

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Instagram Unveils Exclusive Content for Subscribers
Instagram Unveils Exclusive Content for Subscribers
July 14, 2022  |  Social Commerce

Instagram on Thursday (July 14) announced the ability for creators with paid subscriptions to publish their feed post only to their subscribers, among other new...

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