May 03, 2024
Platforms Rally to Push FinTech IPO Index 3% Higher
A 3% gain in the FinTech IPO Index this past week was led by the platforms. And in many cases, those firms have yet to report earnings — so, perhaps,...
May 02, 2024
Gen Z Car Buyers Shop Digitally but Complete Purchases in...
Consumers — especially younger generations — are conducting more and more purchases digitally, but especially for high-consideration, large-ticket items such as cars, many shoppers are not willing to give up...
April 28, 2024
Report: Middlemen Handle 50% of Russia’s Payments to China
Sanctions on payments between China and Russia have reportedly created a thriving market for middlemen. In fact, half of all payments by Russian companies for Chinese products are now handled...
April 26, 2024
Trove CEO: Consumers Look to Brands for Streamlined Resale Experiences
Tired of proverbially picking their way through online resale marketplaces, consumers are looking for more streamlined secondhand shopping experiences that more closely resemble the ease and simplicity of buying new....
April 25, 2024
FTC Files Complaint Against Doxo, Alleging Misleading Ads
The Federal Trade Commission (FTC) is taking action against doxo, saying the bill payment company misleads consumers and tacks on junk fees. The agency filed a federal court complaint alleging that doxo violated the FTC Act, the...
April 25, 2024
Consumers Are Springing for Nice Beers, but Not Premium Liquor
Trying to balance inflationary pressures and the need to allow themselves at least some indulgences, shoppers are trading up on beer but not springing for premium wine and spirits. Heineken...
April 25, 2024
Nuvo Adds Equifax Credit Reports to Trade Credit Management Platform
Nuvo has added business credit reports and business principal credit reports from Equifax to its trade credit management platform for B2B sellers. This addition will streamline customer onboarding, underwriting and...
April 24, 2024
Report: FDIC Seeking Buyers for Republic First Bancorp
The Federal Deposit Insurance Corp. (FDIC) is reportedly in talks with potential buyers for Republic First Bancorp., a Philadelphia regional bank that does business as Republic Bank. The regulator is approaching potential buyers...
April 24, 2024
As British Regulators Scrutinize Microsoft and Amazon AI Deals, Industry...
British antitrust authorities are soliciting opinions on the implications of partnerships between tech giants Microsoft and Amazon and smaller generative artificial intelligence (AI) model developers amid growing concerns about competition and innovation...