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CFPB’s New Rules Target 13 Billion Big Tech App and Digital Wallet Transactions

CFPB’s New Rules Target 13 Billion Big Tech App and Digital Wallet Transactions
CFPB’s New Rules Target 13 Billion Big Tech App and Digital Wallet Transactions
November 08, 2023  |  Legal & Regulation

Will new rules governing digital wallets and apps blunt Big Tech innovations — or put desperately needed guardrails in place? The Consumer Financial Protection Bureau’s...

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FIS Charts Path as Cloud-Based SaaS Provider, Worldpay Transaction Nears Completion
FIS Charts Path as Cloud-Based SaaS Provider, Worldpay Transaction Nears Completion
November 07, 2023  |  Earnings

Payments firm FIS released third-quarter results on Tuesday (Nov. 7) that pointed to widespread recurring and organic revenue growth, and a continued shift by banks...

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Digital and Delivery Shape Up as Grocery’s Newest Battlegrounds
Digital and Delivery Shape Up as Grocery’s Newest Battlegrounds
November 06, 2023  |  eCommerce

The digital shift is forging new battlegrounds for the grocery segment. For the platforms and the giants of retail — Amazon and Walmart among them,...

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Earnings Season Shows Card Delinquencies ‘Normalizing,’ but What Comes Next?
Earnings Season Shows Card Delinquencies ‘Normalizing,’ but What Comes Next?
October 27, 2023  |  Earnings

In the parlance of these times, and as earnings season commentary has pointed out, time and again: Consumer credit is normalizing. The question remains, however,...

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Mastercard Says Consumer Spending Decelerates in October
Mastercard Says Consumer Spending Decelerates in October
October 26, 2023  |  Earnings

Mastercard has pointed to a “resilient” consumer, buoying the latest quarter’s results. But management noted on the conference call with analysts that spending is decelerating...

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AI’s Cost Curve Has Big Tech Losing Money
AI’s Cost Curve Has Big Tech Losing Money
October 12, 2023  |  Artificial Intelligence

Artificial intelligence (AI) has captured the imagination of some of the world’s largest companies. It has also captured a sizable portion of their spending —...

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Domino’s: Pickup Sales Continue to Rise as Delivery Falls
Domino’s: Pickup Sales Continue to Rise as Delivery Falls
October 12, 2023  |  Earnings

With consumers continuing to feel the impact of years of inflation, Domino’s Pizza is seeing the trend of preferring more budget-friendly restaurant ordering channels continue....

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Most US Clinicians Hesitant About Gen AI Adoption Despite Potential
Most US Clinicians Hesitant About Gen AI Adoption Despite Potential
October 09, 2023  |  Artificial Intelligence

With the generative artificial intelligence (AI) healthcare market projected to reach $22 billion by 2032, stakeholders across healthcare, technology, and investment sectors are increasingly recognizing...

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