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Lawmakers Seek Delay on Beneficial Ownership Rules Affecting Small Businesses
Lawmakers Seek Delay on Beneficial Ownership Rules Affecting Small Businesses
December 20, 2023  |  SMBs

A group of Republican lawmakers wants the government to delay new small business reporting requirements. Starting Jan. 1, many businesses will be required to provide...

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Consumer Confidence Climbs as Business Conditions and Job Availability Improve
Consumer Confidence Climbs as Business Conditions and Job Availability Improve
December 20, 2023  |  Consumer Insights

Consumer confidence surged in December, reaching a level last seen in July.  There was greater optimism in consumers’ assessments of both current business and labor...

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Uber Agrees to Raise Minimum Wage for French Drivers
Uber Agrees to Raise Minimum Wage for French Drivers
December 20, 2023  |  Gig Economy

Uber and other ride-hailing companies have agreed to give their French drivers a raise. Those workers will now be eligible for 9 euros ($9.85) per trip —...

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Layer2 Financial and Evita Partner on B2B Cross-Border Payments
Layer2 Financial and Evita Partner on B2B Cross-Border Payments
December 20, 2023  |  B2B Payments

Layer2 Financial has partnered with Evita to streamline and optimize the processes around B2B cross-border payments. This collaboration brings together the capabilities of Layer2 Financial’s...

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Expensify Adds Budgeting Tool to Financial Management App for Businesses
Expensify Adds Budgeting Tool to Financial Management App for Businesses
December 20, 2023  |  B2B Payments

Expensify added a budgeting tool to its financial management app for businesses. The new tool allows admins to set monthly or annual budgets for teams,...

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Regulators Propose Policies for Managers of Open-Ended Funds
Regulators Propose Policies for Managers of Open-Ended Funds
December 20, 2023  |  Regulation

Two global financial regulators published policies designed to strengthen liquidity management by managers of open-ended funds (OEFs). The Financial Stability Board (FSB) has published revised...

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AI Can’t Patent Inventions, UK Supreme Court Rules
AI Can’t Patent Inventions, UK Supreme Court Rules
December 20, 2023  |  Artificial Intelligence

The British court has ruled that a scientist cannot patent inventions created by an AI. The ruling by the U.K. Supreme Court is a “landmark” decision in...

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Worldpay Helps UK Music Retailer HMV Expand Payments Choice
Worldpay Helps UK Music Retailer HMV Expand Payments Choice
December 20, 2023  |  Payment Methods

British music and entertainment retailer HMV has tapped Worldpay to help it expand in Europe. HMV will use Worldpay Omnichannel — a Worldpay and FreedomPay effort — to improve its omnichannel strategy across...

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Onbe and CardCash Partner to Offer Instant Virtual Cards
Onbe and CardCash Partner to Offer Instant Virtual Cards
December 20, 2023  |  Partnerships

Onbe and CardCash partnered to enable consumers to exchange their unwanted gift cards for instant virtual cards. With instant payouts on virtual Mastercard cards, consumers...

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