July 17, 2023
CFPB and European Commission Open Dialogue About Digitization of Finance
As financial services become more digital, consumer advocates on both sides of the Atlantic are taking notice. To that end, Didier Reynders, commissioner for justice and consumer protection of the...
July 17, 2023
Microsoft Facing EU Antitrust Case Over Teams/Office Bundle
Microsoft’s Teams product has reportedly made it the target of an antitrust probe in Europe. The tech giant will be formally investigated by the European Commission (EC) over claims that...
July 17, 2023
FedNow’s Future and What the Triple Clock Theory Says About...
Four days from today, the Federal Reserve’s instant account-to-account payments rail will go live. FedNow’s launch on July 20 will bring the number of real-time rails in the U.S. to...
July 17, 2023
What All Banks Can Learn From Bank of England’s June...
When it comes to embracing new ways of doing things in payments — adopting standards, fostering new use cases — boring is good. Boring implies there have been no hiccups...
July 17, 2023
CE 100 Index Gains 4.7% as Affirm Soars and Banks...
For the CE 100 Index, the week was a rollicking one to the upside. All pillars gained ground as the Index itself surged 4.7%. The communications pillar led the way,...
July 15, 2023
Cold Stone Creamery Dishes on Consumer Loyalty for Small Business
Loyalty to ice cream? That seems like a task many would be willing to take on. But what if you lack the recognition of a widely known household name? How...
July 14, 2023
Amazon Pharmacy Division Lays Off ‘Small Number’ of Employees
Amazon laid off a “small number” of employees in its Pharmacy business Thursday (July 13). The layoffs come after the retail giant completed its largest job reduction in its 29 years, focused on...
July 14, 2023
Snap Enables Profile Links but Which Creators Will Convert?
With platforms like TikTok, Facebook, and Instagram making it faster and more convenient for consumers worldwide to share their shopping experiences and kick-start retail trends, Snapchat has now joined the...
July 14, 2023
FinTech IPO Index Soars 11.9% as Upstart Gains 29% and...
This past week might be titled “The Great Platform Rally of 2023.” The FinTech IPO Index surged 11.9% through five sessions, led by double-digit gains in all manner of platform...
