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Fed Survey: Businesses Expect Sales Growth to Slow
Fed Survey: Businesses Expect Sales Growth to Slow
October 25, 2023  |  Economy

American businesses are less sure about future sales than they were before the pandemic. That’s according to the latest edition of the Survey of Business Uncertainty,...

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French Hill Says Lawmakers Must Balance Consumer Protection and Innovation
French Hill Says Lawmakers Must Balance Consumer Protection and Innovation
October 25, 2023  |  Payments Innovation

FinTech firms’ products and services provide benefits that far exceed the risks they pose. So said Rep. French Hill of Arkansas, chairman of the House...

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Bain and Smith Hill Partner on Hospitality Sector Financing Solutions
Bain and Smith Hill Partner on Hospitality Sector Financing Solutions
October 25, 2023  |  Partnerships

Bain Capital and Smith Hill Capital have formed a joint venture aimed at serving the finance needs of companies and assets in the hospitality sector. With a goal...

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BILL Debuts New Purchase Order Tools for Small Businesses
BILL Debuts New Purchase Order Tools for Small Businesses
October 25, 2023  |  B2B Payments

Financial operations platform BILL has introduced new capabilities for small businesses and accounting firms. The San Jose company announced Wednesday (Oct. 25) that it was rolling out automation technology...

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BNY Mellon Debuts ‘Universal’ Foreign Exchange Platform
BNY Mellon Debuts ‘Universal’ Foreign Exchange Platform
October 25, 2023  |  Banking

BNY Mellon has introduced a foreign exchange (FX) platform that lets clients execute transactions across portfolios. Universal FX, announced Wednesday (Oct. 25), follows the bank’s earlier debut of...

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CFPB: Annual Consumer Spending on Credit Cards Hit $3.2 Trillion in 2022
CFPB: Annual Consumer Spending on Credit Cards Hit $3.2 Trillion in 2022
October 25, 2023  |  Debt

Consumers have been racking up credit card debt in the time since pandemic-era relief programs ended. Total outstanding credit card debt topped $1 trillion at...

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Amazon Launches AI-Powered Image Generation Tool for Advertisers
Amazon Launches AI-Powered Image Generation Tool for Advertisers
October 25, 2023  |  Artificial Intelligence

Amazon Ads introduced a new generative artificial intelligence (AI) solution for image generation, aimed at helping advertisers enhance their ad campaigns and create more engaging...

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Bankman-Fried Will Take Stand at His Fraud Trial
Bankman-Fried Will Take Stand at His Fraud Trial
October 25, 2023  |  Legal

FTX founder Sam Bankman-Fried is reportedly planning to testify in his own fraud trial. Bankman-Fried’s attorney revealed that information in a conference call Wednesday (Oct. 25), according to...

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Google Expands AR Beauty Features to Mobile Browsers
Google Expands AR Beauty Features to Mobile Browsers
October 25, 2023  |  eCommerce

Google has expanded the availability of its augmented reality (AR) beauty features by bringing them to mobile browsers. The tech giant introduced AR beauty features...

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