The holy month of Ramadan, celebrated by close to 2 billion Muslims worldwide, kicks off Thursday (March 23). And according to the U.K. subsidiary of Ria Money Transfer, it’s going to be a busy month for remittance and international money transfers. In fact, remittance transactions...
As overall retail sales slump, some sporting goods brands and merchants are demonstrating that health and wellness is anything but discretionary. A seamless integration of online tools and technologies, when coupled with in-store sales savvy, is proving remarkably successful for sporting goods brands that strike...
Hindsight is always 20/20 — and, in the rearview mirror, the Silicon Valley Bank collapse was obvious to see. Big bank. Dominant player/big fish in a relatively small pond. That pond, of course, was the tech industry, and in fact, SVB was a lifeline of...
A bipartisan bill aims to create an independent inspector general to oversee the Federal Reserve. Introduced Wednesday (March 22) by Sens. Rick Scott and Elizabeth Warren, the bill would require an inspector general appointed by the president and confirmed by the Senate, according to a...
For grocers to drive spending from consumers and advertisers alike, purchase history data is key. The Context On consumers’ side, grocers can leverage this data to personalize offers, driving sales with more relevant, targeted deals and messaging. Earlier this year, for instance, Michigan-based supermarket chain...
As retailers bow under inflationary pressures, some are cutting the value of their rewards points. Tesco, the leading supermarket chain in the United Kingdom, shared in the FAQ section of its website that it is cutting the exchange rate of consumers’ loyalty vouchers with rewards...
Higher interest rates and deepening bank woes may have businesses scrambling to obtain loans. As reported Tuesday (March 21) by The Wall Street Journal, the Fed is expected to continue raising rates in its ongoing effort to combat inflation. Combined with increased regulatory banking industry scrutiny following the collapses...
Indian lender KreditBee has teamed with PayU to let consumers pay for purchases in installments. The partnership, announced Wednesday (March 22), lets PayU merchants work with KreditBee’s customers to turn their purchases into cardless EMIs (equated monthly installments) that they’ll pay back over a series...
SoFi Technologies is now offering access to additional FDIC insurance. With the new SoFi FDIC Insurance Network, SoFi has partnered with multiple banks to offer SoFi Checking and Savings members up to $2 million of FDIC insurance on their deposits, the digital personal finance company...
