January 08, 2024
New York State Comptroller Raises Concerns About Crypto-Focused BitLicense Program
The Office of the New York State Comptroller raised concerns about the Department of Financial Services’ oversight of the cryptocurrency industry. The office released a report earlier this month that...
January 08, 2024
Battle Lines Being Drawn Between Open- and Closed-Source Goals for...
Artificial Intelligence (AI) systems have added a new layer to the ongoing and increasingly philosophical debate about whether open-source or proprietary systems are better for society, the marketplace and even...
January 04, 2024
Adobe: Online Holiday Sales Reached Record $222 Billion in 2023
Online sales reached a new record in 2023, thanks in part to buy now, pay later options. New data from Adobe, released Thursday (Jan. 4) showed that American consumers spent $222.1...
January 03, 2024
Why Shopping for Pets Is Getting Even Easier
Amid the pandemic, it appears that 1 in 5 American households chose to add a new furry friend to their lives. As the trend of being pet parents continues, the...
December 28, 2023
From Checkout to Growth: BNPL’s Sprint Picks Up Pace
The story of buy now, pay later (BNPL) in 2023 has been defined by its dynamic resilience and agile innovation — a disposition called into question as recently as last...
December 22, 2023
Insomniac Reports Data Breach Involving Employee Information, Game Development Details
Sony-owned video-game studio Insomniac released a statement Friday (Dec. 22) about a data breach that became known earlier this month. “We’re both saddened and angered about the recent criminal cyberattack...
December 21, 2023
72% of Consumers Plan to Shop With Small Businesses This...
Surpassing all expectations, consumers turned up in record numbers for this year’s Black Friday weekend, the traditional kickoff to the holiday shopping season in the United States. The five-day weekend,...
December 19, 2023
Comcast Reports Hack Exposed Data of Nearly 36 Million Xfinity...
Comcast says hackers stole personal data from millions of customers during a recent breach. The data breach involved customers of the company’s cable and internet business Xfinity, Comcast announced Monday (Dec. 18). According...
December 18, 2023
CFPB Director Says Regulators Must Monitor Tech’s Role in Finance
Regulators must use their legal authorities to guard against risks posed by the growing role of large technology firms in the financial system, Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB),...
