September 19, 2024
Airbnb: Long-Term Stays Present ‘Huge Growth Opportunity’
With some cities suffering housing shortages, Airbnb is eyeing long-term stays. The vacation rental company is focused on expanding its long-term rental business, meaning stays of 28 days or more,...
September 19, 2024
Darden Restaurants Faces Pressure to Improve Speed Amid Declining Sales
In an increasingly fast-paced dining landscape, Darden Restaurants is under pressure to improve operational efficiency across its diverse portfolio, which includes Olive Garden, LongHorn Steakhouse, and fine dining establishments like...
September 19, 2024
AtoB Raises $130 Million to Fuel Transportation Payments Services
Transportation industry payments solution provider AtoB has raised $130 million in equity and debt funding. The Series C round was led by General Catalyst and Bloomberg Beta with participation from Mastercard and trucking and logistics industry players, the...
September 18, 2024
The EU’s Investigation into Microsoft Teams: A Preliminary Assessment
By Christian Bergqvist1 Introduction It came somewhat unexpectedly when DG COMP, EU’s competition arm, issued a Statement of Objection (“SO”)2 in June 2024 to Microsoft for having included Teams...
September 18, 2024
DOJ Withdraws 1995 Bank Merger Guidelines, Affirms 2023 Standards
The US Department of Justice (DOJ) announced today that it has officially withdrawn the 1995 Bank Merger Guidelines, marking a significant shift in its approach to evaluating mergers in the...
September 18, 2024
FICO and Jersey Telecom Team to Combat APP Fraud
FICO is working with Jersey Telecom (JT) to push back against authorized push payment fraud. The analytics software company said Wednesday (Sept. 18) it has collaborated with the British Channel Islands-based telecom to develop...
September 18, 2024
Check Still in the Mail? Digital Payments Bring Business Payments...
We are nearly 25 years into the 21st century. For businesses, the shift from traditional, analog methods to seamless, digital-first payment processes should have happened long ago. “Almost half of...
September 17, 2024
What to Know About Rule 1033 as Open Banking Continues...
Open banking — relatively well-entrenched in Europe, nascent here in the United States — is taking shape largely by directive, through regulations and standards that give a roadmap to how...
September 17, 2024
AT&T to Pay $13 Million and Add Safeguards After 2023...
The Federal Communications Commission (FCC) has reached a settlement with AT&T that resolves the agency’s investigation into a January 2023 hack in which AT&T customer information was taken from a...