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Capital One to Regulators: Discover Deal Will Increase Competition
Capital One to Regulators: Discover Deal Will Increase Competition
March 21, 2024  |  Acquisitions

Capital One says its planned $35.3 billion purchase of Discover will boost competition. That’s according to a report Thursday (March 21) by Reuters, citing information shared by a...

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Nvidia Unveils AI-Powered Humanoid Robot Project
Nvidia Unveils AI-Powered Humanoid Robot Project
March 21, 2024  |  artificial intelligence

Nvidia is entering the humanoid robotics field with its new foundation model, Project GR00T. The company announced the artificial intelligence (AI) system at its developer conference this week,...

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Navro Names PayPal Vet Colin Moss-Davies as Revenue Chief
Navro Names PayPal Vet Colin Moss-Davies as Revenue Chief
March 21, 2024  |  Personnel

British payments firm Navro has named a PayPal veteran to serve as its chief revenue officer. Colin Moss-Davies, PayPal’s former head of sales, was named to his new position...

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Report: DOJ’s Apple Antitrust Suit Could Land Thursday
Report: DOJ’s Apple Antitrust Suit Could Land Thursday
March 21, 2024  |  ANTITRUST

The Justice Department’s antitrust suit against Apple could reportedly arrive as soon as Thursday (March 21). That’s according to a report by Bloomberg News, citing sources familiar with the...

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FTX CEO Slams Bankman-Fried’s ‘Nonexistent’ Remorse
FTX CEO Slams Bankman-Fried’s ‘Nonexistent’ Remorse
March 21, 2024  |  Legal

FTX’s CEO says Sam Bankman-Fried’s deception didn’t stop with his fraud conviction.  In a victim impact statement filed Wednesday (March 20) ahead of Bankman-Fried’s sentencing...

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Tech Giants Challenge Apple’s App Store Plans
Tech Giants Challenge Apple’s App Store Plans
March 20, 2024  |  Apple

In a joint legal filing, Meta Platforms, Microsoft, X and Match Group have called on a federal judge to reject Apple’s plan for allowing outside payment options in its App Store. The...

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NRF Expects ‘Moderate but Steady’ Retail Sales Growth in 2024
NRF Expects ‘Moderate but Steady’ Retail Sales Growth in 2024
March 20, 2024  |  Retail

The National Retail Federation (NRF) expects retail sales to grow between 2.5% and 3.5% in 2024. That forecast is in line with the 2023 annual sales growth...

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Visa and LemFi Expand Partnership on Cross-Border Payments
Visa and LemFi Expand Partnership on Cross-Border Payments
March 20, 2024  |  Cross-border Payments

Visa Cross-Border Solutions and LemFi have expanded their existing partnership globally. This partnership brings together the capabilities of Visa Cross-Border Solutions, which is a Visa division specializing in cross-border...

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Micropayment, Tink Partner on Pay-by-Bank in Europe
Micropayment, Tink Partner on Pay-by-Bank in Europe
March 20, 2024  |  Payment Methods

Berlin-based payment processor Micropayment is partnering with Tink, a payment services and data enrichment platform, to enable Europe-based merchants to offer pay-by-bank at checkout. Micropayments works with merchants...

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