May 18, 2024
Lightspeed CEO on Helping Smaller Merchants Challenge Industry Goliaths
Profit is the applause a business gets from its customers. So the saying, originally from business author Ken Blanchard, goes. Blanchard’s quip highlights the fact that to successfully navigate marketplace...
May 18, 2024
AI Takes Turn as Archaeology Assistant to Uncover Ancient Commerce,...
What if Indiana Jones had been able to use artificial intelligence? With AI, Indy could have quickly analyzed ancient texts, deciphered hieroglyphics and cross-referenced historical data, speeding up his research and...
May 17, 2024
DOJ Charges 2 With Money Laundering Around ‘Pig Butchering’ Scams
Two Chinese nationals have been charged with leading a scheme to launder proceeds from cryptocurrency investment scams. The indictment, unsealed in the Central District of California Thursday (May 16), names...
May 17, 2024
Washington Federal Bank to Sell 2,000 Commercial Real Estate Loans...
Washington Federal Bank, a wholly owned subsidiary of WaFd, has disclosed its agreement to sell some commercial multi-family real estate loans to Bank of America for about $2.9 billion. WaFd said in...
May 17, 2024
Report: Dolce & Gabbana Sued Over NFT Sale
Dolce & Gabbana has reportedly been sued by a customer who said he spent $6,000 on non-fungible tokens (NFTs) offered by the company, only to have them arrive late and without...
May 17, 2024
SoLo Funds ‘Blindsided’ by CFPB Lawsuit
The Consumer Financial Protection Bureau sued SoLo Funds, alleging that the online lending platform used “digital dark patterns” to illegally collect fees from borrowers. The lawsuit also alleged that SoLo Funds misrepresented the cost of loans,...
May 17, 2024
Making Sense of Embedded DeFi’s Role in Web3’s Future
The Web3 space has its sights set on transforming payments and commerce via blockchain technologies. And with the news Wednesday (May 15) that Safe has announced the integration of native...
May 17, 2024
HSBC Bank USA Launches Interest-Bearing Checking Account for Businesses
HSBC Bank USA has introduced a checking account for business clients that combines an earnings credit rate (ECR) with credit interest. The new HSBC Hybrid Checking Account earns interest on every dollar deposited...
May 17, 2024
CoreWeave Secures $7.5 Billion to Expand AI Infrastructure
Artificial intelligence (AI) hyperscaler CoreWeave has secured a $7.5 billion debt financing facility. The company will use the new financing to further develop its high-performance compute fleet to execute contracts with enterprise and...
