Bank of America Sees Slowing Credit and Debit Card Spend
In the United States, in March 2023, household spending on credit and debit cards increased by 0.1% compared to the figure recorded for the same period last year.
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Amazon Expands Palm Scan Payments in Bid for Grocery Shopper Loyalty
Amazon is adding pay-by-palm and smart carts to an increasing number of grocery stores.
FTC Sues Chargebacks911 and Alleges Use of Unfair Techniques
Chargebacks911, a company that specializes in helping consumers mitigate the effects of chargebacks, was sued by the Federal Trade Commission (FTC) and Florida.
Walmart Closes 4 Chicago Stores After Years of Losses
Walmart has decided to close half of its stores in Chicago.
AlphaSense Raises $100 Million for Market Intelligence and B2B Search
AlphaSense announced the attraction of investment funds in the amount of $ 100 million to develop its market analysis and B2B search platform.
JPMorgan Chase Boss Dimon Hails Groundbreaking AI
JPMorgan Chase CEO Jamie Dimon said that currently, the specialists of this financial institution are developing more than 300 options for using artificial intelligence.
TikTok Ban Threat Scares Off US Merchants
The media reported that TikTok faced problems attracting American sellers to its online shopping service.
First Citizens Community Bank Parent Gains Regulatory Approvals for Acquisition
The acquisition of HV Bancorp, previously announced by Citizens Financial Services, has received regulatory approval.
Binance.US Scrambles to Find Banking Partners
Binance’s American partner is making active efforts to find a bank to serve its customers.
Walmart Suit Seeks to End Capital One Card Relationship
The media reported that Walmart sued Capital One with a demand to terminate a 4-year partnership with credit cards.
Treasury Department Urges DeFi to Improve AML/CFT Controls
Both providers of DeFi services and the United States government are supposed to reduce AML/CFT vulnerabilities in decentralized finance (DeFi), enabling criminals to transfer and launder illicit proceeds
Union Credit and TransUnion Team to Help Credit Unions Find Borrowers
Union Credit and TransUnion have established a partnership to improve the customer service process.
Robinhood Reaches $10.2 Million Settlement on March 2020 Platform Outage
The American financial company Robinhood has reached an agreement with state securities regulators regarding the settlement of a situation related to operational and technical failures.
Tillerman Launches Insights Tool Leveraging POS Data
Designed for retail brands and wholesalers, the new Tillerman Insight tool is equipped with an interactive and visual dashboard that facilitates gaining and analysing insights from the POS data
PayPal Partners Live Nation Entertainment to Provide Flexible Payments for Fans
PayPal announced a multi-year strategic partnership with the global entertainment company Live Nation Entertainment, becoming the preferred payments partner
Stripe Confident in Web Economy Despite Significant Slowing
The Stripe payment company processed transactions totaling more than $817 billion in 2022.
