July 31, 2024
BNPL Regulation Debate Heats Up as Comment Period Closes

Klarna argues for a bespoke regulatory framework, while AARP supports the rule, emphasizing the need for consumer protections as buy now, pay later (BNPL) usage grows among older Americans. Time...

July 31, 2024
Apex Capital Trust Challenges Skydance Media with $43 Billion Bid...

Apex Capital Trust has launched a competing offer to acquire Paramount Global in an all-cash deal valued up to $43 billion, the investment firm announced on Wednesday. This bid sets...

July 31, 2024
Thumbtack Raises $75 Million to Improve Home Improvement App

Home improvement app Thumbtack has received $70 million in new debt financing. The funding — from Silicon Valley Bank (SVB) and Hercules Capital — will help Thumbtack access new capital...

July 30, 2024
Treasury’s Digital Migration Creates Greater Synergies With Finance Function

Every coin has its flip side. And when it comes to the finance and treasury functions of their organizations, businesses are increasingly calling both ‘heads’ and ‘tails’ to navigate today’s...

July 29, 2024
Consumer Spending Remains Strong Despite Elevated Inflation

Consumer spending has remained strong despite elevated inflation, surprising many economists. However, there are concerns about credit card delinquencies and lenders’ net charge-offs, which could indicate whether consumers can keep...

July 27, 2024
Doomsday Ready: Costco Aims to Be the Go-To Retailer for...

As many consumers look for ways to ease their doomsday anxieties, Costco is positioning itself as the go-to retailer for consumers who are worried about worst-case scenarios. The warehouse club...

July 26, 2024
They Said That: Notable Quotables From the Week of July...

It was a week that saw a presidential campaign end, the Summer Olympics begin and the start of banking and payments earnings season. We were focused on our usual insightful...

July 25, 2024
American Airlines CEO: Q2 Profits Plunge 46% Due to Failed...

On Thursday (July 25), American Airlines announced a record second-quarter (Q2) revenue of $14.3 billion. However, net income plunged 46%, to $717 million, while a “bright spot” was its loyalty program....

July 25, 2024
Unlocking the Critical Role of Treasurers in Corporate Decision-Making

The advent of 21st century technologies, combined with contemporary macroeconomic realities, has transformed enterprise operations. And the greatest beneficiary has been the back office, with traditionally administrative functions like finance...