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News & Trends

CFPB
CFPB to Examine Mortgage Closing Costs, Rising Junk Fees

The Consumer Financial Protection Bureau (CFPB) is investigating junk fees that...

3 mins ago
Artificial Intelligence
Swift Turns to AI to Battle Cross-Border Payment Fraud

Swift is partnering with a group of banking giants to combat...

14 mins ago
Partnerships
Amazon and Grubhub Expand Partnership, Enable Ordering Via Retailer’s Platforms

Amazon announced an expanded partnership with Grubhub to enhance the restaurant...

31 mins ago
Earnings
Kohl’s Promotes Value to Middle-Income Consumers Buffeted by Inflation

Kohl’s is looking to boost its sagging sales by promoting value...

1 hour ago
Earnings
Burlington: Sales Climb 11% as ‘All Income Groups’ Feel Pressure

Cost-conscious customers from all income levels are helping drive sales at...

1 hour ago
artificial intelligence
OpenAI CTO Mira Murati: GenAI Applications Are Becoming ‘Collaborators’

During the short time that generative artificial intelligence (GenAI) applications have been...

2 hours ago
Economy
Revised GDP Data Show Consumer Spending May Be Losing Momentum

Economic data frequently comes in stages: There’s the initial estimate, and...

2 hours ago
Cryptocurrency
Treasury: NFTs ‘Highly Susceptible’ to Fraud and Scams

The Treasury Department has a warning for NFT fans: use them at your...

4 hours ago
Legal
Mastercard and Visa Pay $197 Million to Settle ATM Suit

Visa and Mastercard will pay $197 million to end a class...

6 hours ago
Personnel
Cleveland Fed Names Goldman’s Beth Hammack as President

A longtime Goldman Sachs executive is the Federal Reserve Bank of...

6 hours ago
Authentication
Browser ID and ‘Silent Authentication’ Underpin Online Banking Security

With so much focus placed on mobile banking and digital wallets,...

9 hours ago
artificial intelligence
AI Could Cure Healthcare Sector’s $500 Billion Administrative Problem

Artificial intelligence (AI), when applied correctly and responsibly, has the potential...

9 hours ago
VISA
Visa Launches AI-Powered Real-Time Fraud Detection Service in UK

Visa has launched an artificial intelligence (AI)-powered real-time fraud detection service...

9 hours ago
Blockchain
Can Blockchain Solve the Cross-Border Payments Puzzle?

With a market projection of $290 trillion by 2030, cross-border payments...

9 hours ago
Credit Unions
Credit Union Innovation Hinges on Payment Speed and Security

In an era of rapid technological advancement, there remain certain immutable...

9 hours ago
B2B Payments
B2B Companies Embrace Invoice Financing to Drive Business Continuity

As businesses evolve, so too do the ways in which they...

9 hours ago
Cybersecurity
DOJ Leads Takedown of ‘Likely the World’s Largest Botnet Ever’

In a big victory against cybercrime, the U.S. Justice Department, in...

16 hours ago
Earnings
NCino Reports Demand for Cloud Banking, AI Drives Record Sales

NCino reported Wednesday (May 29) that demand for its single-platform cloud...

16 hours ago
Earnings
C3.ai Reports Strong Q4 Results, Sees ‘Huge Opportunity’ in GenAI

C3.ai, an enterprise artificial intelligence (AI) software company, reported strong fourth-quarter...

17 hours ago
Economy
Federal Reserve Reports ‘Slight or Modest Growth’ in Economic Activity

Economic activity in the United States expanded from early April to...

18 hours ago
artificial intelligence
75% of Companies That Invested $5M+ in AI Plan to...

According to our recent “C(AI)O Report: High Impact, Big Reward: Meet...

18 hours ago
artificial intelligence
Mistral AI Unveils Coding GenAI Model Codestral

French artificial intelligence (AI) startup Mistral AI is rolling out generative...

18 hours ago
Walmart
Walmart Encountered Mispricing Issue at Self-Checkout in 1,600 Stores

Walmart reportedly encountered a pricing issue that affected 1,600 of its...

18 hours ago
Point of Sale
Merchants in Italy Can Now Process Payments Using iPhones

Payment service providers Nexi, Adyen and Stripe are enabling merchants in...

18 hours ago
B2B Payments
VoPay Debuts Cash Management Platform TXB

Embedded payments technology company VoPay has debuted a digital transaction and...

19 hours ago
Investments
Goldman Sachs Alternatives Raises Largest Loan Partners Fund Since 2008

Goldman Sachs Alternatives raised more than $20 billion for senior direct...

19 hours ago
Consumer Insights
20% of Financially Unstable Consumers Cite Discretionary Spending as Reason

Nonessential spending is far from the No. 1 reason that consumers...

20 hours ago
Artificial Intelligence
FTC Chair Lina Khan’s Comments on AI Training Data Spark...

In a bombshell that has Silicon Valley abuzz and online commerce...

20 hours ago
Banking
Brazil's Olist Expands Banking Services for Retailer Clients

Brazilian eCommerce company Olist is expanding its banking services. Founder and...

20 hours ago
Retail
Dick’s Sporting Goods: Shoppers Demand More Experiential Stores

With eCommerce meeting shoppers’ demand for convenience, consumers increasingly expect more...

20 hours ago
Investments
Relay Raises $32.2 Million to Expand Business Banking Platform

Relay has raised $32.2 million in a Series B financing round...

20 hours ago
Faster Payments
70% of Restaurant SMBs Say Convenience Is Top Instant Payments...

While instant payments might seem like an innovation that only big...

21 hours ago
Banking
Dimon Forecasts Problems in Private Credit Market

JPMorgan Chase’s CEO is sounding a warning on the flourishing private credit...

21 hours ago
Cryptocurrency
Mastercard Unveils P2P Pilot for Crypto Credential Tool

Mastercard has introduced what it calls a “milestone” update to its...

21 hours ago
B2B Payments
Nue Launches Platform That Unifies CPQ and Billing

Nue has launched a platform that unifies configure, price and quote...

21 hours ago
Cryptocurrency
Gemini Returning $2.1 Billion to Crypto Customers

Fallen cryptocurrency lender Gemini is reportedly set to begin returning billions in frozen...

22 hours ago
Retail
Chewy: Consumers Starting to Adopt Pets Again After Inflation Pullback

With pets proving to be a financial strain for many consumers,...

22 hours ago
Banking
Wells Fargo CEO: Regulators Restricting Corporate Lending Business

Wells Fargo CEO Charlie Scharf reportedly told investors Wednesday (May 29) that...

22 hours ago