UK Payment Service Providers Unlikely to Challenge Reimbursement for APP Fraud

UK Payment Service Providers Unlikely to Challenge Reimbursement for APP Fraud
UK Payment Service Providers Unlikely to Challenge Reimbursement for APP Fraud
December 21, 2023  |  Cybersecurity

Payment service providers are reportedly unlikely to challenge the claims that victims of authorized push payment (APP) fraud make under a soon-to-be-implemented rule in the...

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Card Interchange Fee Debate Confuses Costs With Who Pays Them
Card Interchange Fee Debate Confuses Costs With Who Pays Them
December 21, 2023  |  Credit Cards

Card interchange fees have fierce defenders and heated detractors. Turn on the financial news, and commentary might touch on whether cards are “free” — and...

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Law Firm Allen & Overy Debuts AI Contract Negotiation Tool
Law Firm Allen & Overy Debuts AI Contract Negotiation Tool
December 21, 2023  |  Artificial Intelligence

British law firm Allen & Overy has introduced an artificial intelligence (AI)-powered contract negotiation tool. The new product, the subject of a Thursday (Dec. 21) Financial Times...

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Grocers’ Traditional Self-Checkout Kiosks Made Cautious Comeback in 2023
Grocers’ Traditional Self-Checkout Kiosks Made Cautious Comeback in 2023
December 21, 2023  |  Technology

As new forms of self-checkout expanded across the global grocery industry throughout the year, key players found in 2023 that it is essential to continue...

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Amazon’s Space Lasers Redefine Global Data Connectivity
Amazon’s Space Lasers Redefine Global Data Connectivity
December 21, 2023  |  Technology

The future of digital connectivity is increasingly shuffling off the binds of its terrestrial coils. This, as Amazon’s Project Kuiper satellite initiative has taken a...

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Report: Anthropic Plans $750 Million Fundraise With Menlo Ventures
Report: Anthropic Plans $750 Million Fundraise With Menlo Ventures
December 21, 2023  |  Investments

Anthropic is reportedly in talks to raise $750 million with the help of Menlo Ventures. The artificial intelligence startup’s valuation before this round is $18.4...

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Farfetch, Now Matches: Investors Look for Deals Amid Luxury eCommerce Sites 
Farfetch, Now Matches: Investors Look for Deals Amid Luxury eCommerce Sites 
December 21, 2023  |  eCommerce

Matchesfashion has officially changed hands.   Frasers Group, the British retail conglomerate, has acquired the luxury multibrand retailer for £52 million ($65 million) from private equity...

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$1 Billion in Three Arrows Founders’ Assets Frozen by Court
$1 Billion in Three Arrows Founders’ Assets Frozen by Court
December 21, 2023  |  Cryptocurrency

A court has reportedly frozen $1 billion in Three Arrows Capital’s founders’ assets. The ruling came down earlier this week from a court in the British...

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New Study Finds Acquirer Confusion Clouds Installment Plan Landscape
New Study Finds Acquirer Confusion Clouds Installment Plan Landscape
December 21, 2023  |  BNPL

Merchants affiliated with acquirers offering installment plans are interested in their potential to boost sales, as consumers may make larger purchases if they can spread...

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