April 26, 2024
Getting Bipa Right: Biometric Identifiers Must Identify
The Illinois Biometric Information Privacy Act (“BIPA”), 740 ILCS 14/1 et. seq., is one of the most hotly litigated privacy statutes in the country. As it stands, there is no...
April 25, 2024
CFPB Head Says FDIC Should Review More Changes in Bank...
The Federal Deposit Insurance Corp. (FDIC) should change its rules to ensure that it reviews any “suspicious changes” in bank control, FDIC board member Rohit Chopra said Thursday (April 25)....
April 25, 2024
This Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards
Innovation is a key factor in any company’s ability to succeed in the long run. And so are the ways in which they pay and get paid. That’s why, within...
April 23, 2024
Consumers Demand AI-Powered Expertise When Exploring New eCommerce Categories
When trying unfamiliar products online, consumers demand a high degree of expert, personalized guidance — the kind that they are used to getting in stores — and artificial intelligence (AI)...
April 22, 2024
Express Files for Bankruptcy as Gen Z Shoppers Redefine Fast...
With young consumers’ fashion habits rapidly evolving alongside quickly changing social media trends, Express has not been able to keep up. The fast-fashion company, which in addition to its self-titled...
April 22, 2024
FI Operational Resiliency Goes Proactive as UK Regulations Loom
Bad things can happen to good companies. And with the news Friday (April 12) that instant money movement platform TabaPay is acquiring Synapse’s assets following the latter’s bankruptcy, operational resilience is increasingly top of...
April 21, 2024
Bankman-Fried Agrees to Help FTX Investors Sue Celebrity Crypto Promoters
A group of FTX investors has agreed to drop legal claims against Sam Bankman-Fried. In exchange, the disgraced former crypto exchange CEO will cooperate in the investors’ suits against other defendants stemming...
April 21, 2024
TabaPay to Acquire Assets of Bankrupt FinTech Synapse
Instant money movement platform TabaPay is acquiring Synapse’s assets following the latter company’s bankruptcy. The deal, announced Friday (April 19), will allow TabaPay to offer new financial services for FinTechs and financial institutions, the company said...
April 16, 2024
Saxo Bank Weighs Sale After SPAC Collapses
Saxo Bank is reportedly pursuing a possible sale following an ill-fated attempt to go public. The Danish bank, which offers digital investment and trading services, recently invited investment bankers to audition...