June 04, 2024
Banks Boost Revenue Streams With Transaction Management Services and Technologies

Card spending is volatile, and commercial real estate loans look shaky. Rules on how much capital must be held on banks’ balance sheets are under continued debate. For the largest,...

May 29, 2024
Federal Reserve Reports ‘Slight or Modest Growth’ in Economic Activity

Economic activity in the United States expanded from early April to mid-May, though it varied in different industries and Federal Reserve districts. While 10 of the 12 districts reported slight...

May 28, 2024
Co-Founder Adam Neumann Abandons Attempt to Buy Bankrupt WeWork

Shared-workspace company WeWork has faced significant challenges in recent years, including bankruptcy and the ousting of its co-founder Adam Neumann. Neumann, who had been trying to regain control of the...

May 28, 2024
Definitive Healthcare Names DailyPay’s Kevin Coop as CEO

Healthcare commercial intelligence provider Definitive Healthcare has a new chief executive. Kevin Coop, most recently the CEO of earned wage access company DailyPay, was announced as Definitive’s new CEO Tuesday...

May 28, 2024
Slow the Roll-up: Help Shine a Light on Serial Acquisitions

By: Henry Liu (Federal Trade Commission) Discussion about dealmaking and antitrust enforcement typically centers on large transactions involving major companies. This is because each year, antitrust agencies are notified of...

May 28, 2024
Banco Inter to Gain Full Ownership of Merchant Acquirer Granito

Brazilian bank Banco Inter, a business unit of Inter&Co, plans to acquire the remaining 50% of merchant acquirer Granito, giving it full ownership of the company. Granito, which provides financial services to more...

May 27, 2024
Walmart and Amazon Lead Retail’s Biggest Moments of 2024

As we approach the middle of the year, here are five of the major ways that the retail landscape has changed in 2024 so far. Amazon Pivots on ‘Just Walk...

May 23, 2024
Ralph Lauren: Young Luxury Shoppers Tap Social Media for Inspiration

Social commerce is not just for fast-fashion — young consumers wanting to expand their wardrobes are looking to their social feeds to inspire their luxury fashion purchasing. Ralph Lauren shared in...

May 23, 2024
AvidXchange and MIP Partner on AP Automation for Nonprofits

AvidXchange and MIP Fund Accounting by Community Brands partnered to provide a fully digitized invoice-to-pay process to nonprofit groups. With this collaboration, AvidXchange’s accounts payable (AP) automation solution has been integrated into MIP’s cloud-based, software-as-a-service (SaaS)...