February 28, 2023
Goldman’s Detour From Main Street Consumers Shows Challenges of Digital...
For Goldman Sachs, the journey down Main Street now seems like an ill-advised detour. As reported here, the white-shoe investment bank is mulling what’s next for its consumer business — and the...
February 28, 2023
IEEE’s Efforts to Placate its Adversaries By Making Minor Changes...
By Emily Luken & James Tierney1 The Institute of Electrical and Electronics Engineers’ (“IEEE”) recent updates to its Patent Policy for standards development, while substantively modest, have injected unnecessary...
February 28, 2023
81% of Retailers and Manufacturers Plan to Upgrade Accounts Payable...
The old saying goes that necessity is the mother of invention. We might add: Necessity is the mother of tech upgrades in the back office. To that end, in the...
February 28, 2023
EU Narrows Apple Music Streaming Antitrust Suit
The European Union has taken a step forward in its legal battle against Apple, sending the tech giant an updated list of objections over their App Store rules for music...
February 28, 2023
Report: Goldman Sachs Seeks Alternatives for Consumer Business
Goldman Sachs is reportedly “considering strategic alternatives” for its consumer business. Speaking at the bank’s investor day Tuesday (Feb. 28), CEO David Solomon discussed the plans for that side of...
February 28, 2023
PYMNTS Intelligence: Enabling Local Payment Methods via Payments Orchestration
Local and alternative payment methods — including digital wallets; online bank transfers; buy now, pay later (BNPL); and direct debit — are the most common means for consumers to buy...
February 28, 2023
Snap Debuts AI Chatbot for Paid Subscribers
Snap is rolling out an AI-powered chatbot, albeit with a few caveats. The social media platform announced Monday (Feb. 27) the debut of My AI, which runs on the latest...
February 27, 2023
Payments Data Platform Pagos Raises $34M to Build Out Its...
Payments intelligence platform Pagos announced an oversubscribed $34 million Series A fundraise on Monday (Feb. 27) as investors bet on the value of providing deeper data insights into payments. Pagos...
February 27, 2023
Russia Fines Apple For App Market Abuse
The FAS found that Apple abused its dominant position in the mobile app market by limiting competition and setting unfair conditions for developers. Specifically, Apple was accused of restricting app developers...