October 03, 2024
CVS Health Explores Potential Breakup Amid Investor Pressure: Report
CVS Health is reportedly considering a possible breakup of its business, exploring options that could involve separating its retail and insurance divisions, according to sources cited by Reuters. The move...
October 03, 2024
Thredd CEO: Unbundling of Banking Changes the Merchant Acquiring Game
For decades, the “classic” four-party model dominated card payments — where the quartet was comprised of the cardholder, the merchant, the acquirer and an issuing bank. Acquirers process the payment...
October 03, 2024
92% of Small Businesses in Latin America Accept Digital Payments
As the digital payments landscape in Latin America rapidly evolves with nearly 600 million people generating close to $6 trillion in GDP, consumers are shifting away from cash and embracing...
October 02, 2024
Criminal Negligence and Acceptable Risk in the EU’s AI Act:...
By: Leonardo Romano (DCU Law & Tech Blog) Regulators and policymakers in Europe are currently navigating a ‘post-modernity shock,’ characterized by the complex task of balancing competing goals and interests...
October 02, 2024
Michael Jordan’s NASCAR Team Files Antitrust Suit Against Series, Claiming...
Two NASCAR teams, including 23XI Racing, co-owned by NBA legend Michael Jordan, have filed a federal antitrust lawsuit against NASCAR and its chairman, Jim France, claiming the sport’s charter system...
October 02, 2024
Starling Fined $38 Million for ‘Shockingly Lax’ Crime Controls
Starling Bank has been fined 29 million pounds ($38 million) for failing to implement proper financial crime controls. The U.K. Financial Conduct Authority (FCA) announced the penalty against the neobank Wednesday (Oct. 2),...
October 02, 2024
Why Automating Both AR and AP Is Vital to Fiscal...
Outdated manual accounting processes are costing companies significantly. The previous installment in this series explored how manual accounts receivable (AR) processes impede businesses’ cash flow and how automation offers a...
October 01, 2024
With New CEO, Can Nike Just Do It Again? Not...
The consequences of its flawed direct-to-consumer (D2C) strategy continue to haunt Nike. As reported Tuesday (Oct. 1), the company’s revenue showed weakness across all channels as it tried to curry...
October 01, 2024
Mastercard Acquires Subscription Management Service Minna
Mastercard agreed to acquire subscription management service Minna Technologies. The deal aims to ease the frustration consumers feel when dealing with subscription services, according to a Tuesday (Oct. 1) press...