Multiple Amazon sellers reportedly said their listings, including product images and descriptions, were replicated by other sellers on Temu. The continuous presence of Temu’s infringing listings has prompted some Amazon sellers to start legal proceedings against the Chinese eCommerce site, alleging copyright infringement and trademark infringement, Wired reported Monday (July...
Silicon Valley Bank’s collapse in March has prompted J.P. Morgan to tap into the resulting vacuum and grow its business of banking venture capitalists and startups. The largest U.S. bank has filled the niche by hiring dozens of bankers around the world, according to a...
FinTechs and venture capitalists recognize the pain points inherent in payments — and are investing the time and money needed to modernize infrastructure around existing rails and create new paths for money movement and acceptance of new payment methods. A trio of payments experts told...
Today’s digital landscape requires retailers to bring their A-game to grabbing customers’ attention and loyalty. With the rise of eCommerce and online shopping, optimizing the customer experience has become paramount for driving revenue and staying ahead in the market. One powerful tool that has emerged...
A group of 132 members of Congress favor challenging the funding structure of the Consumer Financial Protection Bureau (CFPB). The group filed an amicus curiae brief to the Supreme Court in support of upholding a lower court’s decision that the CFPB’s funding structure is unconstitutional, and that the...
Amazon Prime Day is now underway, and the eCommerce giant is determined to engage Prime members and stimulate spending. With lofty aspirations, Amazon aims to exceed its 2022 Prime Day of selling over 300 million items worldwide. Although the strategy of enticing customers during an...
Sapphire Ventures has committed an investment of more than $1 billion to cultivate the next generation of artificial intelligence (AI)-powered enterprise technology. This investment marks a deepening of Sapphire’s dedication to AI technology and building on the success of their past investments in and scaling of...
The Securities and Exchange Commission (SEC) has announced charges against investment firm Merrill Lynch, Pierce, Fenner & Smith and its parent company BAC North America Holding Co. The charges, stemming from 2009 to 2019, are due to hundreds of Suspicious Activity Reports (SARs) not being filed, the SEC said...
The Federal Trade Commission (FTC) is warning consumers to be wary of scammers pretending to be staff members. The FTC issued a press release and blog post on Tuesday (July 11) to alert consumers. The blog post said that scammers have been using the names of real FTC employees to gain...