August 05, 2024
DOJ’s War on Progress in Rental Markets
By Jay Ezrielev1 I. Introduction According to recent reports,2 the U.S. Justice Department (“DOJ”) is planning to bring an antitrust suit against RealPage, Inc. (“RealPage”) for allegedly orchestrating collusion...
August 05, 2024
Report: OpenAI Backer Thrive Capital Raises $5 Billion
Thrive Capital reportedly raised $5 billion for its biggest-ever pair of venture capital funds. The fundraising is a sign that the artificial intelligence boom is reviving investor enthusiasm, The Wall...
August 05, 2024
Saks Reportedly Misses Hundreds of Thousands in Vendor Payments
Amid a merger worth $2.6 billion, Saks reportedly owes vendors hundreds of thousands. The luxury retailer, which last month announced it was merging with Neiman Marcus, has missed payments to dozens of the brands it works with,...
August 05, 2024
Building Better B2B Relationships Through Payments Innovation
Timely and reliable payments are fundamental to strong business-to-business (B2B) partnerships and are especially critical for small to mid-sized businesses (SMBs) on the receiving end. However, the continued use of...
August 04, 2024
San Francisco Moves to Ban Algorithmic Price Setting in Rental...
San Francisco has made headlines this week with a groundbreaking decision by the Board of Supervisors to implement a ban on algorithmic price setting within the rental housing market. This...
August 02, 2024
Federal Financial Regulatory Agencies Propose Joint Data Standards
Nine federal financial regulatory agencies have proposed or will propose joint data standards that would apply to data submitted to the agencies. As required by the Financial Data Transparency Act...
August 02, 2024
More Than Half of US Consumers Use P2P Apps to...
Consumers are turning to peer-to-peer (P2P) apps like Venmo and Zelle for quick and easy money transfers. But while these services have become ubiquitous, concerns about fraud are casting a...
August 01, 2024
Push Payments Fraud in UK Hit $433 Million in 2023
Push payments fraud in the U.K. increased in volume last year, while declining in value. That’s according to a report issued Thursday (Aug. 1) by the country’s Payment Systems Regulator...
August 01, 2024
Cyberattack on World’s Largest Silver Producer Shows Data Is the...
Effective cybersecurity programs are critical for today’s traditional industries, where IT spending is low and historically deprioritized relative to other initiatives. As these industries undergo digital transformation, bad actors frequently...