PYMNTS-MonitorEdge-May-2024

Quick Takes

FedNow Details Pilot Program Participants
FedNow Details Pilot Program Participants
January 25, 2021  |  Faster Payments

Instant payments on the horizon — but first the pilot programs. To that end, the Federal Reserve said Monday (Jan. 25) that more than 110...

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Poshmark IPO Puts Spotlight On reCommerce
Poshmark IPO Puts Spotlight On reCommerce
January 13, 2021  |  Retail

The 2021 initial public offering (IPO) season is off to a fast start for the payments and commerce business, including an expected filing next week...

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Starbucks Launches $100 Million Fund To Support SMBs
Starbucks Launches $100 Million Fund To Support SMBs
January 12, 2021  |  Investments

Starbucks announced on Tuesday (Jan. 12) that it is investing $100 million from now through 2025 to support small businesses located in minority neighborhoods. The...

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Banks May Withhold Stimulus Checks To Cover Overdraft Fees
Banks May Withhold Stimulus Checks To Cover Overdraft Fees
January 03, 2021  |  Bank Regulation

Some intended COVID-19 stimulus beneficiaries won’t see any money the federal government sends them through direct deposits because unpaid overdraft fees will more than consume...

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Walmart, Gatik Expand Self-Driving Truck Test To Louisiana; Arkansas Test Will Now Be Driverless
Walmart, Gatik Expand Self-Driving Truck Test To Louisiana; Arkansas Test Will Now Be Driverless
December 16, 2020  |  Retail

Walmart announced Tuesday (Dec. 15) that Gatik, the autonomous delivery network, will operate a driverless box truck on one route in Arkansas, a press release...

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Silicon Valley Loses Grip On Tech Firms
Silicon Valley Loses Grip On Tech Firms
December 13, 2020  |  Real Estate

Remote work practices and policies made necessary by COVID-19 and embraced by employees and companies alike are taking a toll on Silicon Valley, The Wall...

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FTC, 46 States Launch Massive Antitrust Suit On Facebook
FTC, 46 States Launch Massive Antitrust Suit On Facebook
December 09, 2020  |  ANTITRUST

The Federal Trade Commission (FTC) and 46 states launched a massive antitrust lawsuit on Facebook Wednesday (Dec. 9), accusing the social media network of “illegally...

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OCC’s Brian Brooks: Cryptocurrency Regulation Coming Soon 
OCC’s Brian Brooks: Cryptocurrency Regulation Coming Soon 
December 04, 2020  |  Bitcoin

New U.S. regulations for bitcoin and other cryptocurrencies are being developed and will be rolled out within six to eight weeks, Brian Brooks, acting comptroller...

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Bill Gates Enthusiastic About Promise Of COVID-19 Vaccines 
Bill Gates Enthusiastic About Promise Of COVID-19 Vaccines 
December 03, 2020  |  Coronavirus

Microsoft Co-founder Bill Gates told “TODAY” on Thursday (Dec. 3) that he expects that by June, anyone who wants a coronavirus vaccine will be able...

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