March 30, 2023
Yellen Says US Must Address Vulnerabilities in ‘Shadow Banking’
U.S. Treasury Secretary Janet Yellen wants more oversight for the nonbank sector. In remarks to the National Association for Business Economics annual conference Thursday (March 30), Yellen addressed the need to regulate both nonbanks...
March 30, 2023
Crypto Wallet Manufacturer Ledger Reportedly Valued at $1.4 Billion
Cryptocurrency wallet manufacturer Ledger has announced its Series C extension fundraising round. The firm offers hardware wallets that store crypto users’ private keys in a secure device, isolating the keys...
March 30, 2023
This Time Around, Amazon’s Restaurant Strategy May Be Easier to...
The old saying in hockey is to skate to where the puck is going to be. The old maxim in business and in life: If at first you don’t succeed,...
March 30, 2023
ChatGPT Threatens ‘Privacy and Public Safety,’ Nonprofit Says
A nonprofit group wants federal regulators to suspend development of OpenAI’s ChatGPT tool. The Center for AI and Digital Policy (CAIDP) filed a complaint with the Federal Trade Commission (FTC)...
March 30, 2023
Google Says Microsoft Engaging In Anti-Competitive Cloud Practices
Alphabet has expressed concern about Microsoft’s Cloud services, stating that it is “anti-competitive” and requesting that EU regulators take action regarding Microsoft’s agreements with smaller companies, Reuters reported. In an interview with...
March 30, 2023
Mike Lee Introduces Antitrust Bill Targeting Ad Tech
Sen. Mike Lee (R-UT), joined by Sens. Amy Klobuchar (D-MN), Ted Cruz (R-TX), Richard Blumenthal (D-CT), Marco Rubio (R-FL), Elizabeth Warren (D-MA), Eric Schmitt (R-MO), Josh Hawley (R-MO), Lindsey Graham...
March 30, 2023
Merchants Say Defeating Checkout Friction Defines Retail’s New Reality
Want more loyal customers? Give them a smooth checkout experience and the payment options and shopping features they desire. It’s not rocket science, but it is a science. It’s also...
March 30, 2023
Mindbody and MyFitnessPal Say Customer Lifetime Value Metrics Challenged by...
Tracking customer lifetime value (LTV) is common practice across many segments. Still, PYMNTS research has revealed a gap in LTV tracking among subscription merchants that more companies are waking up...
March 29, 2023
Metaverse Visions Are Vanishing As Consumers Gravitate to the Digital...
Is the metaverse doomed, or do people just enjoy seeing Meta chief Mark Zuckerberg humbled in a time just before a digital singularity where social media gets edged out by virtual worlds?...
