June 29, 2023
Parents Up Back-to-School Spending Despite Inflation’s Hard Lessons
A shaky economic landscape is no match for parents determined to discover back-to-school shopping bargains. That’s according to research released this week by commercial real estate/investment management firm JLL, showing...
June 28, 2023
FedNow’s Success Hinges on Getting Enough Banks to Connect —...
As the world becomes increasingly digital, the idea of instant gratification has become the norm. From streaming movies to ordering groceries, consumers expect everything to be available at their fingertips...
June 27, 2023
CFPB Cites ACI Worldwide in $2 Billion ‘Mortgage Fiasco’
America’s consumer finance regulator has fined ACI Worldwide for processing more than $2 billion in unauthorized mortgage payments. The Consumer Finance Protection Bureau (CFPB) said Tuesday it had fined ACI...
June 26, 2023
Sweetgreen Automates Kitchens as Robots Take Over the Back of...
Sweetgreen’s ambitions to dramatically increase automation within the next five years come as, across the industry, restaurants soup up their kitchens with robotic technology. After the fast-casual chain announced in...
June 24, 2023
Can Pickleball Save Shopping Malls?
Amid the ongoing decline of the shopping mall, a potential savior might come in an unexpected form: pickleball. Yes, you read that right. The racket sport that is part ping-pong,...
June 21, 2023
Cross River and Fintainium Partner on Small Business Payment Services
Cross River Bank and Fintainium have partnered to deliver payment services to small businesses. The collaboration will allow Fintainium to offer its business customers access to automated clearing house (ACH), push-to-card and check processing with...
June 15, 2023
Corporate Sustainability Reporting: A Real Green Deal
The European Union’s Corporate Sustainability Reporting Directive (“CSRD”) is a central piece in the cascade of regulation put in place to operationalise the European Green Deal, articulating with the EU...
June 11, 2023
Report: Commercial Real Estate Troubles Threaten Regional Banks
Regional banks may not be out of the woods just yet. Speaking at last week’s Bloomberg Invest conference, Soros Fund Management Chief Executive Officer Dawn Fitzpatrick warned that a credit “contraction is invariably...
June 09, 2023
France to Close Tax Loophole for Airbnb and Short-Term Rentals
France is taking steps to close a tax loophole and end the more favorable tax treatment short-term furnished rentals such as AirBnB receive compared to long-term rentals. “We are going...
