Editor’s Picks

Federal Judge Blocks CFPB Rule Limiting Credit Card Late Fees
Federal Judge Blocks CFPB Rule Limiting Credit Card Late Fees
May 10, 2024  |  Credit Cards

The government’s new rule that would limit credit card late fees has been blocked by a federal judge in Texas. In a Friday (May 10)...

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Inflation and Pinched Consumer Wallets Dominate Q1 Earnings
Inflation and Pinched Consumer Wallets Dominate Q1 Earnings
May 01, 2024  |  Earnings

If there’s a theme for retailers this earnings season, and especially for dining, it might be crystallized in the comments this week from McDonald’s CEO...

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TabaPay to Acquire Assets of Bankrupt FinTech Synapse
TabaPay to Acquire Assets of Bankrupt FinTech Synapse
April 21, 2024  |  Acquisitions

Instant money movement platform TabaPay is acquiring Synapse’s assets following the latter company’s bankruptcy. The deal, announced Friday (April 19), will allow TabaPay to offer new financial services for FinTechs and...

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Google’s Restructuring Shows AI’s Impact on Finance Function
Google’s Restructuring Shows AI’s Impact on Finance Function
April 18, 2024  |  artificial intelligence

Amid a changing business landscape, digital innovation is reshaping the growth calculus for organizations. And with the news Wednesday (April 17) that Google CFO Ruth Porat is...

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Bank of America: 1Q Zelle Volumes Surge 26% to $106 Billion
Bank of America: 1Q Zelle Volumes Surge 26% to $106 Billion
April 16, 2024  |  Earnings

Bank of America’s first quarter results took note of continued use of digital channels in banking — and for payments, too. The bank recorded 3.4...

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Supreme Court Decision Puts Spotlight on ATM Usage
Supreme Court Decision Puts Spotlight on ATM Usage
April 15, 2024  |  Legal

The U.S. Supreme Court made a significant decision in a complicated case regarding ATM fees Monday (April 15), putting the spotlight on the use of...

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AI Faces a Data Drought … for Real
AI Faces a Data Drought … for Real
April 10, 2024  |  artificial intelligence

The demand for high-quality data, essential for powering artificial intelligence (AI) conversational tools like OpenAI’s ChatGPT, may soon outstrip supply and potentially stall AI progress,...

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EU Leaders Seek Reforms to Attract Private Capital
EU Leaders Seek Reforms to Attract Private Capital
April 09, 2024  |  International

European Union (EU) leaders reportedly aim to harmonize the member nations’ bankruptcy and corporate tax laws. The leaders will call for this and other changes during...

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Wage Growth May Not Rescue Paycheck-to-Paycheck Economy
Wage Growth May Not Rescue Paycheck-to-Paycheck Economy
April 05, 2024  |  Consumer Insights

Wages are increasing.  The unemployment rate’s lower.  The U.S. economy added more jobs in March than had been expected. And yet, it all may not...

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