43% of Consumers Who Had Issues With Stored Credentials Are Highly Interested In Vaults
43% of Consumers Who Had Issues With Stored Credentials Are Highly Interested In Vaults
April 17, 2023  |  Payment Methods

The subscription economy is a major driver in the rise of payment credentials vaults, as are recurring payments writ large, and more consumers are interested...

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Modern Treasury Launches Newly Expanded Reconciliation Engine
Modern Treasury Launches Newly Expanded Reconciliation Engine
April 17, 2023  |  B2B Payments

Modern Treasury has expanded its Reconciliation Engine designed for businesses with high-volume, complex funds flows. The newly enhanced offering automates and simplifies cash reconciliation for...

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Apple Opens Indian Stores as In-Country Sales Hit $6 Billion
Apple Opens Indian Stores as In-Country Sales Hit $6 Billion
April 17, 2023  |  Apple

Apple’s Indian sales have reportedly jumped almost 50% amid a retail push in that country. A report by Bloomberg News Monday (April 17) citing unnamed sources said...

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Shaq Served in FTX Lawsuit After Three-Month Saga
Shaq Served in FTX Lawsuit After Three-Month Saga
April 17, 2023  |  Legal

NBA legend Shaquille O’Neal has been served in a class-action lawsuit tied to FTX’s collapse. Attorneys for the plaintiffs in the case — which accuses...

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NCR Ransomware Hits Restaurant Customers
NCR Ransomware Hits Restaurant Customers
April 17, 2023  |  Security & Fraud

NCR has been hit by a ransomware attack that is affecting the capabilities of some restaurants. The incident was discovered Thursday (April 13), caused a single...

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Stablecoin Bill Enters Congress as US Lawmakers Eye Currency’s Future
Stablecoin Bill Enters Congress as US Lawmakers Eye Currency’s Future
April 17, 2023  |  Regulation

The U.S. Congress is looking to bring stablecoins deeper into the regulatory fold. And potentially the broader global financial system. A new 73-page draft bill,...

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Liberty Bank Launches Digital Bank for Small Business
Liberty Bank Launches Digital Bank for Small Business
April 17, 2023  |  Digital Banking

Liberty Bank has launched a digital bank designed for small business owners. The new Owners Bank is initially available in Rhode Island, Massachusetts, Connecticut and Pennsylvania and will...

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Battle Over Junk and Late Fees Could Hit Bank Profits and Consumer Services
Battle Over Junk and Late Fees Could Hit Bank Profits and Consumer Services
April 17, 2023  |  Regulation

Where regulation goes — sometimes, at least — unintended consequences might follow. The regulatory and legislative scrutiny of, and battle over, what are being commonly...

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Apple Unveils Savings Account for Apple Card Users
Apple Unveils Savings Account for Apple Card Users
April 17, 2023  |  Apple

Apple has debuted a Goldman Sachs savings account for Apple Card users. The account offers users a “high-yield APY of 4.15 percent — a rate...

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