October 02, 2023
Working Capital Deserts on Main Street Challenge Small Business Survival
Access to business financing is crucial for small and medium-sized businesses (SMBs) on Main Street — firms generating less than $10 million in annual revenue and having physical locations from...
September 20, 2023
Can Generative AI Reinvent Commercial Transactions?
It is a truth universally acknowledged that customers will always want more choices, not fewer. That applies to business customers, too. So it stands to reason that in the future,...
September 18, 2023
Retail CBDCs Can’t Get an ‘A’ Grade From US Lawmakers
The use of digital cash is growing. Americans currently leverage digital payments for many — if not all — of their daily purchases, using credit cards, debit cards, prepaid cards...
August 22, 2023
Commercial Card Adoption Poised to Rise as Acceptance Costs Decrease
Commercial card adoption, long sidelined by businesses because of cost concerns, is experiencing a renewed interest in business-to-business (B2B) transactions. The primary drivers of this change in outlook include today’s...
July 21, 2023
Italian Antitrust Body Eliminates Payment Fees for Small Retail Transactions
Italy’s antitrust body has approved a deal that will eliminate payment fees and softens restrictions placed on small card transactions, following a 2022 promise made by the government to cut...
July 17, 2023
CE 100 Index Gains 4.7% as Affirm Soars and Banks...
For the CE 100 Index, the week was a rollicking one to the upside. All pillars gained ground as the Index itself surged 4.7%. The communications pillar led the way,...
July 14, 2023
Bank Earnings Paint Picture of Resilient Consumers
Data tells a tale just as much as management commentary on analyst calls during earnings season. To that end, a slew of earnings materials from big banks Friday (July 14)...
July 10, 2023
Big Banks’ Loan Losses Spike as Credit Card Charge-Offs Rise
America’s big banks are due to report their largest increase in loan losses since the pandemic. As the Financial Times reported Monday (July 10), analysts project the six largest banks...
May 24, 2023
Citigroup Plans IPO for Mexican Banking Unit Banamex
Citigroup says it has decided to take its Mexican retail banking unit Banamex public. The lender announced Wednesday (May 24) it plans to pursue an initial public offering (IPO) for...