News

Regulation
UK Financial Authorities to Improve Cooperation on National Payments Vision
December 23, 2024

Four financial authorities in the United Kingdom said they are working to improve their cooperation and will revise their agreement as the government pursues its National Payments Vision. The Bank of England, the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Payment...

Regulation
Trump Signals Plans to Keep TikTok Running in US
December 23, 2024

Could TikTok have a future in the U.S. under a new administration? President-elect Donald Trump seemed to signal as much in a speech to conservative supporters Sunday (Dec. 22). “I think we’re going to have to start thinking because, you know, we did go on TikTok, and we had...

eCommerce
India Forms ‘Tip of the Spear’ for Global eCommerce Growth
December 22, 2024

The world’s most populous country is also one of the most attractive for eCommerce investors. “It’s the tip of the spear of growth,” for that sector, EMQQ Global Founder Kevin Carter told CNBC in an interview Sunday (Dec. 22), “not just in emerging markets, but...

Social Commerce
Bluesky Clouded by Scammers as Social Platform’s Popularity Grows
December 22, 2024

Bluesky’s rising popularity in the social media space is not without growing pains. The platform, seen as an alternative to Twitter/X, now has close to 25 million users, NBC News reported Sunday (Dec. 22), citing data from ClearSky. But with this new success, the report...

Retail
Was Your Favorite Holiday Tradition Once a Marketing Campaign?
December 21, 2024

From candy canes to Christmas cards, the year-end holiday season is steeped in traditions that often feel timeless. Yet, many of these cherished customs can trace their origins to savvy marketing campaigns dating back to the 19th and 20th centuries. These campaigns not only captured...

Security & Fraud
FTC Finalizes Order Requiring Marriott to Improve Data Security
December 20, 2024

The Federal Trade Commission (FTC) has finalized an order requiring Marriott International and its subsidiary Starwood Hotels & Resorts Worldwide to implement a comprehensive information security program. This final order settles the FTC’s charges announced in October that the companies deceived customers by claiming to have reasonable data...

Investments
UAE-Based CredibleX Raises $55 Million to Expand Embedded Finance Solutions
December 20, 2024

UAE-based startup CredibleX has raised $55 million in a seed round to grow and broaden its embedded finance solutions for small- to medium-sized business (SMBs). The company’s solutions are designed for the UAE’s SMB sector, integrating into SMBs’ daily operations, according to a Monday (Dec. 16)...

Investments
Boon Raises $20.5 Million to Grow AI-Powered Platform for Fleets
December 20, 2024

Boon announced $20.5 million in combined seed and Series A funding to build an artificial intelligence (AI) platform for commercial fleets. “With $20.5M raised, we are expanding capabilities to deliver new features, optimizing for current clients, and building out our engineering and go-to-market teams,” Boon...

Investments
Germany’s Robin Capital Raises $13.6 Million for B2B SaaS Investments
December 20, 2024

Germany-based venture capital fund Robin Capital closed its Robin Fund One at 13 million euros (about $13.6 million). “Robin Fund One is closed,” Robin Haak, Robin Capital founder and managing partner, said in a Friday (Dec. 20) post on LinkedIn. “Robin Capital is here to...