PYMNTS News

Report: Flexport Looks to Snap Up Convoy’s Tech
Report: Flexport Looks to Snap Up Convoy’s Tech
October 29, 2023  |  Supply Chain

Supply chain logistics firm Flexport is reportedly in discussions to purchase freight startup Convoy’s technology. The acquisition, if successful, would bolster Flexport’s move into the U.S....

READ MORE >
U2 and the Las Vegas Sphere: The New Live Music Experience?
U2 and the Las Vegas Sphere: The New Live Music Experience?
October 28, 2023  |  Innovation

From its early days riffing in the post-punk scene to belting out anthemic rock hits and embarking on experimental musical odysseys, Irish rock band U2...

READ MORE >
Antitrust Trial Reveals Google Spends $26.3 Billion on Default Search Engine Agreements
Antitrust Trial Reveals Google Spends $26.3 Billion on Default Search Engine Agreements
October 27, 2023  |  Google

A top executive from Google disclosed Friday (Oct. 27) during its antitrust trial that the company paid $26.3 billion in 2021 to secure default search engine...

READ MORE >
FTC to Require Non-Banking Financial Institutions to Report Data Breaches
FTC to Require Non-Banking Financial Institutions to Report Data Breaches
October 27, 2023  |  Regulation

The Federal Trade Commission (FTC) will require non-banking financial institutions to report certain data security breaches. In a unanimous decision, the regulator has approved an amendment to the Safeguards...

READ MORE >
Are High-Income Consumers Poised to Pull Back and Trade Down?
Are High-Income Consumers Poised to Pull Back and Trade Down?
October 27, 2023  |  Consumer Finance

The latest reading on consumer sentiment signals that high-income consumers may embrace a few strategies to deal with concerns over inflation and dwindling stock portfolios....

READ MORE >
Banks Closed 11% of Supermarket Branches Over Past Year
Banks Closed 11% of Supermarket Branches Over Past Year
October 27, 2023  |  Banking

While brick-and-mortar bank branches have been closing for years, those located within supermarkets are reportedly shutting at a rate that is seven times higher than...

READ MORE >
Tether Disputes Report of Stablecoin Being Used for Illicit Activities
Tether Disputes Report of Stablecoin Being Used for Illicit Activities
October 27, 2023  |  Cryptocurrency

Tether has disputed a media report that its stablecoin is increasingly being used for illicit activities. The Wall Street Journal (WSJ) reported Friday (Oct. 27) that the stablecoin...

READ MORE >
For Sam Bankman-Fried, Pointing Fingers Never Goes Out of Style 
For Sam Bankman-Fried, Pointing Fingers Never Goes Out of Style 
October 27, 2023  |  Legal

Four of Sam Bankman-Fried’s closest friends have testified against him in his criminal trial.  Over the better part of four weeks, U.S. prosecutors have brought...

READ MORE >
Consumers Rethink Halloween Candy-Buying Strategies Due to Rising Prices
Consumers Rethink Halloween Candy-Buying Strategies Due to Rising Prices
October 27, 2023  |  Retail

The rising cost of candy has reportedly led consumers to rethink their Halloween plans. Candy and gum prices rose by 7.5% in September compared to...

READ MORE >