Editor’s Picks

Ape Now, Pay Later: DeFi Lender Brings BNPL to NFTs as Crypto Lending Market Crumbles
Ape Now, Pay Later: DeFi Lender Brings BNPL to NFTs as Crypto Lending Market Crumbles
July 14, 2022  |  Cryptocurrency

The NFT market is flatlining, the DeFi lending market has seen some big bankruptcies, and bitcoin has been dipping under $20,000 regularly for a month....

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New Data: Amazon Keeps Lead Over Walmart in Share of Q1 Retail Spending
New Data: Amazon Keeps Lead Over Walmart in Share of Q1 Retail Spending
July 13, 2022  |  Retail

While Walmart has transformed its business strategy in recent years to include bold innovations — like the drone delivery that Amazon pioneered — Amazon continues...

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Digital Dollar May Prevent Runs, but Banks Fear Lost Profits
Digital Dollar May Prevent Runs, but Banks Fear Lost Profits
July 13, 2022  |  CBDC

A new Treasury Department report argues that banks’ fears that a digital dollar would lead to the loss of depositors and even bank runs is...

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Banks Watch Nervously From Sidelines as 9.1% Inflation Crushes Consumers
Banks Watch Nervously From Sidelines as 9.1% Inflation Crushes Consumers
July 13, 2022  |  Economy

Push and pull. Bank earnings are on tap this week, with J.P. Morgan, Wells and Citi among the first out of the gate. And while...

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NJ’s Massive New ‘American Dream’ Mall Faces Growing List of IOUs
NJ’s Massive New ‘American Dream’ Mall Faces Growing List of IOUs
July 13, 2022  |  Retail

Even before ground was broken in 2004, things have never gone as planned for American Dream, the 3.5 million-square-foot entertainment and retail complex in New...

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The Future of Loyalty Lies in a Unified Economy
The Future of Loyalty Lies in a Unified Economy
July 13, 2022  |  Opinion

The line between digital and other channels is becoming indistinguishable in the restaurant industry, Paytronix Systems CEO and Co-founder Andrew Robbins writes in the PYMNTS...

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Credit Unions Advance Loyalty Through Innovation
Credit Unions Advance Loyalty Through Innovation
July 13, 2022  |  Credit Unions

Credit union members are more loyal than customers at most financial institutions (FIs), but cementing that allegiance means offering innovative products and services based on...

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Unbacked Stablecoin’s Collapse Lost $48B; Crypto Says ‘Let’s Launch Two More’
Unbacked Stablecoin’s Collapse Lost $48B; Crypto Says ‘Let’s Launch Two More’
July 12, 2022  |  Cryptocurrency

Crypto doesn’t learn. In May, terraUSD, a so-called “algorithmic” stablecoin broke its dollar peg, causing a run. Within the space of a week, investors were...

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Tight-Fisted US Consumers Sit on $3.3T of Untapped Credit Card Lines
Tight-Fisted US Consumers Sit on $3.3T of Untapped Credit Card Lines
July 12, 2022  |  Credit Cards

A slowdown is in the cards. Literally — at least near term. A number of data points hint that we’re seeing a level of prudence...

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