Klarna notified its investors Wednesday (June 24) that a Swedish court has delayed for a third time its judgment in an antitrust case brought by Klarna subsidiary PriceRunner against Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Consumer Financial Protection Bureau (CFPB) said Wednesday (June 24) that it has made several changes to improve its consumer complaint process, which has been made less effective by a growing number of users who abuse the process. Get the Full Story Complete the form to unlock this...
The world’s top intelligence agencies warned that artificial intelligence (AI) is making cyberattacks faster, cheaper and harder to stop—and banks are in the crosshairs. The financial sector isn’t waiting. It’s already fighting back with the same technology fueling the threat. Get the Full Story Complete...
Federal Reserve Vice Chair for Supervision Michelle W. Bowman has completed a reorganization of the agency’s bank oversight unit that she announced in October, Bloomberg reported Wednesday (June 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Every industry has its defining rivalry. McDonald’s and Burger King; Walmart and Amazon; Microsoft and Apple. In digital assets, that rivalry was bitcoin and ethereum. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
OpenAI’s ChatGPT is the artificial intelligence AI platform consumers name as the best, but it is not the only one they use. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The price of bitcoin dropped below $60,000 Wednesday (June 24), marking its first dip below that level since the beginning of June. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Rental car company Hertz announced a proposed offering of $100 million of common stock and $300 million of exchangeable senior first-lien secured payment-in-kind (PIK) notes Wednesday (June 24), while also disclosing that it realized losses on the sale of vehicles in May due to “unexpected softness in...
Financial services platform Mercantile has joined forces with American Express and the American Bar Association (ABA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
