April 09, 2024
Binance Is Building ‘Robust Compliance Program,’ CEO Says
Binance’s new CEO said the cryptocurrency exchange is a more mature company now. Speaking with CNBC Tuesday (April 9), Richard Teng acknowledged concerns raised by the U.S. Department of Justice — which fined Binance $4.3 billion...
April 08, 2024
Luxury Firms Compete for Buildings on Fifth Avenue
Luxury firms Chanel and LVMH are reportedly competing to become the new owner of a building on Manhattan’s Fifth Avenue. Both companies have been in talks to buy the location on the luxury shopping...
April 03, 2024
Card Networks, FinTechs Help Consumers Navigate Subscriptions Maze
From Netflix and Spotify to Amazon Prime, it’s increasingly common for consumers to maintain multiple subscriptions. However, juggling these subscriptions across a web of apps can be challenging, especially when...
April 03, 2024
FCC Set to Reinstate Net Neutrality Rules and Expand Broadband...
The US Federal Communications Commission (FCC) is poised to reinstate net neutrality regulations and extend its regulatory purview over broadband internet, as announced by FCC Chair Jessica Rosenworcel. According to...
April 02, 2024
The Cost of Not Knowing Is 4.4% of Revenue for...
According to PYMNTS Intelligence’s inaugural edition of “The 2024 Certainty Project Report,” uncertainty costs middle-market companies more than $20 million on average, per these firms’ CFOs. The 2024 Certainty Project...
March 31, 2024
New UK Rules Aim to Enhance Competition in Payday Loan...
The UK’s Competition and Markets Authority (CMA) has unveiled new regulations targeting the payday loan industry. The announcement comes following a comprehensive 20-month investigation into the sector, which has often...
March 27, 2024
Clinique Becomes First Estée Lauder Brand on Amazon Premium Beauty
Some Estée Lauder Companies brands will open dedicated storefronts in the U.S. on Amazon’s Premium Beauty destination over the coming months. This rollout will start with Clinique, which announced its debut on the...
March 27, 2024
Settle Launches Automatic 3-Way Matching for Purchase Orders
Settle has added an Automatic 3-Way Matching for Purchase Orders feature to its cash-flow management platform. Designed for eCommerce and consumer packaged goods (CPG) brands, this feature dynamically validates purchase orders (POs), goods...
March 27, 2024
Amazon Expands Investment in AI Firm Anthropic to $4 Billion
Amazon made an additional $2.75 billion investment in Anthropic, bringing its total investment in the artificial intelligence company to $4 billion. The new investment joins the initial investment of $1.25 billion that Amazon made...