Can artificial intelligence (AI) companies create systems that are “secure by design?” That’s the hope of more than a dozen countries — the United States among them — which have signed onto what’s been called the first detailed international agreement on how to protect AI...
J.P. Morgan says it is expanding its presence in the United Arab Emirates (UAE). The banking giant announced Monday (Nov. 27) that it will begin offering deposit-taking and payment processing to wholesale banking clients from the Abu Dhabi Global Market (ADGM). According to a news...
Earlier this year, the baby retailer buybuy BABY closed and liquidated 115 locations due to the bankruptcy of its parent company, Bed Bath & Beyond. Nevertheless, under new ownership, the once-troubled brand is staging a comeback. Today, buybuy BABY is reemerging with 11 stores, a revamped...
All around America, the “zombie mall” phenomenon is taking hold. As The Wall Street Journal described in a report Sunday (Nov. 26), hundreds of these malls now dot the U.S., with more stores closed than open. Older, lower-end shopping centers have lost at least half and,...
Advertisers continue to leave X, and could reportedly take $75 million with them. Dozens of companies have suspended ads on the platform — formerly called Twitter — since owner Elon Musk gave credence to an antisemitic conspiracy theory this month. And as The New York Times reported...
Americans reportedly spent a record $9.8 billion online during this year’s Black Friday. That jump in sales — 7.5% over last year — marks a good sign for retailers worried about a slowdown in holiday shopping, Bloomberg News reported Sunday (Nov. 26), citing Adobe Analytics...
Lloyds’ digital refocusing has reportedly placed more than 2,500 jobs at risk. The British banking giant is planning to review thousands of middle management roles, the Financial Times (FT) reported Sunday (Nov. 26), citing a source familiar with the matter. The report also noted that Lloyds —...
Millennials are having a tough time making ends meet. Enduring the economic recession that trailed the 2008 crash was like navigating a rocky sea for millennials. They weathered the storms of job insecurity and low wages, only to be hit by the tidal wave of consequences...
Small-to-mid-sized businesses (SMBs) on the main streets of the United States heavily rely on payment processors to facilitate their transactions. While PayPal and Square dominate the market, in the recent survey, Main Street Health in Q3 2023 from PYMNTS Intelligence and Enigma revealed that 85%...
