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News & Trends

Cryptocurrency
Report: Dolce & Gabbana Sued Over NFT Sale

Dolce & Gabbana has reportedly been sued by a customer who said...

2 mins ago
eCommerce
Online Sales Recede From 2023’s Year-End Splurge

The year-end-splurge online may come as no surprise. The pullback in...

32 mins ago
Artificial Intelligence
OpenAI Dissolves ‘Superalignment Team,’ Distributes AI Safety Efforts Across Organization

OpenAI reportedly effectively dissolved its “superalignment team,” which was dedicated to ensuring the safety...

58 mins ago
eCommerce
How Businesses Can Navigate the AI Search Shake-Up

Google’s latest unveiling of artificial intelligence (AI)-powered search tools has sent ripples...

1 hour ago
Regulation
SoLo Funds ‘Blindsided’ by CFPB Lawsuit

The Consumer Financial Protection Bureau sued SoLo Funds, alleging that the online lending platform...

2 hours ago
Retail
Three-Quarters of Young Consumers Favor Click-and-Mortar™ Grocery Shopping

Millennials and Generation Z consumers are not satisfied choosing between digital...

2 hours ago
Retail
Consumers Are Leaving Major Cities, Slowing Retail’s Digital Transformation

The impact of the pandemic on consumers’ geographic distribution has continued,...

2 hours ago
Bank Regulation
Bill Raising Asset Thresholds for Banking Regulations Heads to House...

The House Financial Services Committee (HFSC) voted Thursday (May 16) to advance a...

2 hours ago
Payment Methods
Consumers Want Payment Options That Help Manage Spending

As consumers look for simpler and more intuitive eCommerce experiences, Harvest Hosts sees...

3 hours ago
Disbursements
Eisen and Checkbook Partner to Streamline Disbursements by Financial Institutions

Eisen and Checkbook partnered to help financial institutions streamline payment disbursements and ensure compliance...

3 hours ago
Blockchain
Making Sense of Embedded DeFi’s Role in Web3’s Future

The Web3 space has its sights set on transforming payments and...

4 hours ago
Banking
HSBC Bank USA Launches Interest-Bearing Checking Account for Businesses

HSBC Bank USA has introduced a checking account for business clients that...

4 hours ago
Healthcare
High-Income Women Spend Nearly $1K on Their Own Health, Wellness...

For most women, a complex cluster of building blocks — their...

5 hours ago
Investments
CoreWeave Secures $7.5 Billion to Expand AI Infrastructure

Artificial intelligence (AI) hyperscaler CoreWeave has secured a $7.5 billion debt financing facility. The...

5 hours ago
Artificial Intelligence
This Week in AI: Airline Pricing, Search Boosts, Company Cash...

This week in artificial intelligence, airlines are diving into AI this...

5 hours ago
Regulation
UK Antitrust Regulator Won’t Investigate Microsoft-Mistral AI Partnership

The United Kingdom’s Competition and Markets Authority (CMA) will not investigate...

7 hours ago
Financial Inclusion
Self-Serve and Digital-First Channels Can Help Fix ‘Banking Deserts’

Banks have been fine-tuning their branch efforts as the pandemic recedes,...

7 hours ago
Retail
Ex-Walmart US CEO Bill Simon Says Retailer Won’t Keep Affluent Shoppers

Walmart shouldn’t count on keeping the affluent customers it has recently gained,...

8 hours ago
Cross-border Payments
How Compliance Is Shaping the Future of Cross-Border Payments

There are over 19,000 tax jurisdictions worldwide — any of which can change in...

8 hours ago
Social Commerce
Uber Integrates Social Commerce Into Marketplace as Shoppers Seek Peer...

As consumers increasingly look for guidance from trusted friends and content...

8 hours ago
Real-Time Payments
Banco Santander and Iberpay Launch International Real-Time Payments Service

Banco Santander and Iberpay have processed the first international instant transfers based on the European...

8 hours ago
Retail
Amazon, Walmart Aim to Retain Lower-Income Shoppers Amid Luxury Push

Amazon and Walmart may be setting their sights on high-income consumers,...

15 hours ago
Payments Innovation
Report: Heads of Payments Zero In On Customer Behavior in...

A firm’s CFO and head of payments are pivotal in its...

15 hours ago
artificial intelligence
AI Takes Flight in Airline Pricing

As travelers pack their bags for summer getaways, airlines are deploying artificial intelligence (AI)...

15 hours ago
Fintech Investments
FinTech IPO Index Edges Up 1.7% as Katapult Earnings Lead...

Call it the week of the platform. Earnings reports from firms...

15 hours ago
Bitcoin
Bitcoin Payment Processor IBEX Pay to Suspend Services in US

Bitcoin payment processor IBEX Pay will suspend all its services in the United...

21 hours ago
Partnerships
OpenAI and Reddit Partner on Data Licensing, AI-Powered Features, Advertising

OpenAI will be using Reddit content to train its artificial intelligence (AI) models. That’s one...

22 hours ago
B2B Payments
Avidbank Taps CorServ to Launch New Commercial Credit Card Program

California-based Avidbank has tapped CorServ to help launch a new credit card program for...

22 hours ago
AML
Treasury Department to Use ‘Automation and Innovation’ to Fight Illicit...

The Department of the Treasury has outlined the priorities it will pursue...

23 hours ago
Walmart
Walmart CFO: Shoppers Replacing Fast Food With Groceries

Walmart’s grocery business is reportedly benefiting from the high price of fast...

1 day ago
Personnel
AI Startup Perplexity Adds Ex-Uber and Bing Execs as Advisers

Artificial intelligence (AI) startup Perplexity has added three new advisers. They include Emil...

1 day ago
B2B Payments
This Week in B2B Innovation: Globalization, Digitization and Better Payments 

The B2B landscape is built atop a foundation of innovation designed...

1 day ago
Meta
Threads Testing ‘Pinned Columns’ Feature on Web Application

Threads is testing “pinned columns” on its web application. Mark Zuckerberg,...

1 day ago
Fraud Prevention
Proof and Socure Team to Combat Fraud on Consumer Forms

Online notarization firm Proof has launched a partnership with digital identity verification provider Socure....

1 day ago
Investments
Aeropay Raises $20 Million for Pay-by-Bank Offering

Digital payments company Aeropay has raised $20 million in new financing. The company, which...

1 day ago
BNPL
Shoppers Spend Twice as Much with General Purpose Credit Card...

Pay later plans break up the cost of purchases into smaller...

1 day ago
Economy
Labor Dept Reports Initial Jobless Claims Drop by 10K

The number of initial claims for unemployment insurance dropped by 10,000...

1 day ago
CFPB
Supreme Court Ruling on CFPB Paves Path for Open Banking

Reading the Thursday (May 16) Supreme Court ruling upholding the constitutionality of the Consumer Financial...

1 day ago