February 15, 2023
UK Edges Closer to BNPL Regulation as Consultation Kicks Off
The U.K. has launched a long-awaited consultation aimed at regulating the BNPL sector. The eight-week consultation, which started Tuesday (Feb. 14) and was announced by the HM Treasury, comes two...
February 14, 2023
NFT Marketplace Magic Eden Cuts 22 Jobs
Solana-based NFT marketplace Magic Eden is laying off 22 workers amid corporate restructuring. Company CEO and Co-founder Jack Lu announced the job cuts Monday (Feb. 13) on Twitter and via...
February 14, 2023
37% of Consumers Store Money in Payments Apps
General-purpose and merchant money-storing apps are a compelling growth story of recent years, and the types of apps that consumers favor makes a fascinating focus in this story. The topic...
February 14, 2023
Goldman Sachs CEO Expects ‘Softer Landing’ for US Economy
There’s a growing consensus among CEOs that the economy will see a softer-than-expected landing. So said Goldman Sachs Chairman and CEO David Solomon while speaking Tuesday (Feb. 14) at the...
February 14, 2023
CFOs Grapple With Cost and Cultural Balance Around Return to...
The cost realities of today’s environment have CFOs shifting focus to their organization’s profitability basics. And as business leaders look to realize efficiencies and cut costs; answering the question of...
February 14, 2023
An Insider on Why Online Payments Are Critical for Property...
Nearly two-thirds of Americans are worried about rising housing costs – something that AppFolio’s Adam Feinstein says puts pressure on property managers to enable instant digital payments for both rent...
February 14, 2023
How AI Use Cases in Payments Are Moving Beyond Fraud
As artificial intelligence (AI) gets smarter — as it’s designed to do over time and as usage increases — there are more places in the payment and connected economy ecosystems...
February 13, 2023
NYC Merchants Lose $12B a Year as Remote Workers Embrace...
Remote workers reportedly cost New York City more than $12 billion annually. That’s according to an analysis published Monday (Feb. 13) by Bloomberg News, which estimates that workers in Manhattan are...
February 13, 2023
Bakkt Sunsetting Consumer-Facing App to Focus on B2B Crypto Solutions
Bakkt Holdings is sunsetting its consumer-facing app and focusing on B2B. The firm will concentrate on providing software-as-a-service (SaaS) and application programming interface (API) solutions that enable businesses to provide...