UK Payment Service Providers Unlikely to Challenge Reimbursement for APP Fraud
UK Payment Service Providers Unlikely to Challenge Reimbursement for APP Fraud
December 21, 2023  |  Security & Fraud

Payment service providers are reportedly unlikely to challenge the claims that victims of authorized push payment (APP) fraud make under a soon-to-be-implemented rule in the...

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Card Interchange Fee Debate Confuses Costs With Who Pays Them
Card Interchange Fee Debate Confuses Costs With Who Pays Them
December 21, 2023  |  Credit Cards

Card interchange fees have fierce defenders and heated detractors. Turn on the financial news, and commentary might touch on whether cards are “free” — and...

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Law Firm Allen & Overy Debuts AI Contract Negotiation Tool
Law Firm Allen & Overy Debuts AI Contract Negotiation Tool
December 21, 2023  |  artificial intelligence

British law firm Allen & Overy has introduced an artificial intelligence (AI)-powered contract negotiation tool. The new product, the subject of a Thursday (Dec. 21) Financial Times...

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Grocers’ Traditional Self-Checkout Kiosks Made Cautious Comeback in 2023
Grocers’ Traditional Self-Checkout Kiosks Made Cautious Comeback in 2023
December 21, 2023  |  Technology

As new forms of self-checkout expanded across the global grocery industry throughout the year, key players found in 2023 that it is essential to continue...

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Amazon’s Space Lasers Redefine Global Data Connectivity
Amazon’s Space Lasers Redefine Global Data Connectivity
December 21, 2023  |  Technology

The future of digital connectivity is increasingly shuffling off the binds of its terrestrial coils. This, as Amazon’s Project Kuiper satellite initiative has taken a...

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Report: Anthropic Plans $750 Million Fundraise With Menlo Ventures
Report: Anthropic Plans $750 Million Fundraise With Menlo Ventures
December 21, 2023  |  Investments

Anthropic is reportedly in talks to raise $750 million with the help of Menlo Ventures. The artificial intelligence startup’s valuation before this round is $18.4...

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Farfetch, Now Matches: Investors Look for Deals Amid Luxury eCommerce Sites 
Farfetch, Now Matches: Investors Look for Deals Amid Luxury eCommerce Sites 
December 21, 2023  |  eCommerce

Matchesfashion has officially changed hands.   Frasers Group, the British retail conglomerate, has acquired the luxury multibrand retailer for £52 million ($65 million) from private equity...

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$1 Billion in Three Arrows Founders’ Assets Frozen by Court
$1 Billion in Three Arrows Founders’ Assets Frozen by Court
December 21, 2023  |  Cryptocurrency

A court has reportedly frozen $1 billion in Three Arrows Capital’s founders’ assets. The ruling came down earlier this week from a court in the British...

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New Study Finds Acquirer Confusion Clouds Installment Plan Landscape
New Study Finds Acquirer Confusion Clouds Installment Plan Landscape
December 21, 2023  |  BNPL

Merchants affiliated with acquirers offering installment plans are interested in their potential to boost sales, as consumers may make larger purchases if they can spread...

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