Data Offers Lenders New Tools to Serve Underserved Consumers
Data Offers Lenders New Tools to Serve Underserved Consumers
May 26, 2023  |  Loans

Inflation is raging and credit card debt is at record levels. Merchants who want to help convince consumers at the point of sale to commit...

READ MORE >
Bank’s Best Customers Now Willing to Trade Convenience for Security
Bank’s Best Customers Now Willing to Trade Convenience for Security
May 26, 2023  |  Security & Fraud

Fueled by rising digital threats, security stands top of mind for retail banking customers. Nearly 7 in 10 worry about their personal and financial data...

READ MORE >
Is DeFi Infrastructure ‘Tailor-Made’ for Managing Crypto Risks?
Is DeFi Infrastructure ‘Tailor-Made’ for Managing Crypto Risks?
May 26, 2023  |  Cryptocurrency

While crypto’s future in the U.S. remains as shrouded as ever, it’s a different story elsewhere. “The world is truly fragmented now, you hear a different story [everywhere],” Dr....

READ MORE >
EBA: Corporate Treasurers’ Hit Roadblocks Using Real-Time Data to Manage Liquidity
EBA: Corporate Treasurers’ Hit Roadblocks Using Real-Time Data to Manage Liquidity
May 26, 2023  |  Faster Payments

As demand for faster payments increases around the world, financial institutions (FIs) in Europe are having to beef up investment in real-time data and payment...

READ MORE >
Nvidia’s Chips and OpenAI’s Cash Help Fast Track Generative AI’s Future  
Nvidia’s Chips and OpenAI’s Cash Help Fast Track Generative AI’s Future  
May 25, 2023  |  artificial intelligence

Among the best ways to gauge the interest in, and evolution of, new technology is to follow the money. A few data points, measured in dollars...

READ MORE >
Costco Reports Sales Growth Slows as Consumers Reduce Discretionary Purchases
Costco Reports Sales Growth Slows as Consumers Reduce Discretionary Purchases
May 25, 2023  |  Retail

Costco’s comparable sales growth has slowed as consumers reduce their purchases of discretionary items. The membership warehouse club’s comp sales rose 0.3% year over year...

READ MORE >
FinTech IPO Index Slips 2.4% as OneConnect, Lufax Decline After Earnings Reports 
FinTech IPO Index Slips 2.4% as OneConnect, Lufax Decline After Earnings Reports 
May 25, 2023  |  Fintech Investments

The last of the earnings reports are trickling in across the FinTech IPO Index, with more decliners than gainers, which in turn helped send the...

READ MORE >
Report: 15% of First Republic Workforce Being Cut After Acquisition
Report: 15% of First Republic Workforce Being Cut After Acquisition
May 25, 2023  |  Acquisitions

JPMorgan Chase is reportedly cutting about 15% of the workforce from First Republic Bank. The move follows JPMorgan Chase’s May 1 acquisition of the bank that had been struggling for weeks...

READ MORE >
Report: Chanel Sees Slowdown in Luxury Sector Sales in US
Report: Chanel Sees Slowdown in Luxury Sector Sales in US
May 25, 2023  |  Retail

Chanel has reportedly seen a slowdown in the United States. The privately-held luxury brand’s sales growth in the U.S. has dipped from about 10% in 2022 to “in...

READ MORE >