Feed Items
London-based FinTech Revolut is preparing to launch mobile phone plans.
The new program, announced Wednesday (April 30), will offer users unlimited calls, texts and data at home and a 20GB roaming allowance across Europe and the U.S., launching first in the U.K. and Germany.
“Mobile Plans is the latest move by Revolut as it expands into full mobile connectivity and drives further competition...
Toast has added an intelligence engine called ToastIQ to its cloud-based digital technology platform for restaurants.
Powered by artificial intelligence (AI), data and insights, ToastIQ delivers prompts, recommendations and automated workflows designed to help restaurants drive more revenue, improve decisions, operate more efficiently and provide a differentiated guest experience, the company...
Ashley Buchanan’s tenure as CEO of department store chain Kohl’s was short-lived.
Buchanan, who became chief executive of Kohl’s Jan. 15, was fired Wednesday (April 30) after an investigation determined he violated company policy by directing Kohl’s to enter into a multimillion-dollar consulting contract with a vendor despite “undisclosed conflicts of interest,” per a regulatory filing with the...
Priority Sports, a unit of payments and banking solution provider Priority, said it has been handling ticket sales transactions for the Minnesota Wild, a professional hockey team, since March.
“The launch of Priority Sports is a strategic expansion of our mission to simplify and optimize commerce for every business,” Priority CEO Tom Priore said in a Thursday (May 1) press release.
The company’s...
Nvidia has reportedly criticized Anthropic over its stance on U.S. chip export restrictions.
“American firms should focus on innovation and rise to the challenge, rather than tell tall tales that large, heavy, and sensitive electronics are somehow smuggled in ‘baby bumps’ or ‘alongside live lobsters,’” a spokesperson for Nvidia told CNBC Thursday (May 1).
Nvidia’s comments refer to a recent blog...
Microsoft raised the recommended retailer pricing for its Xbox consoles and controllers worldwide, effective Thursday (May 1), and said it expects to raise the price of its new, first-party games starting during the holiday season.
“We understand that these changes are challenging, and they were made with careful consideration given market conditions and the rising cost of development,” the...
A surge in new AI projects has reportedly been good news for the private credit sector.
Tech companies need funding to build data centers for their artificial intelligence (AI) models, an effort that could require more than $1.8 trillion in funding by the decade’s end, Bloomberg News reported Thursday (May 1), citing an estimate from the Carlyle Group.
Some of that demand can be met by private...
How businesses move money across key B2B sectors like fuel, travel and healthcare is quietly reshaping the background operational layer of many modern enterprises.
In times of uncertainty and macro dynamism, that can be both a blessing and a curse.
WEX, the Portland, Maine-based global commerce platform, emphasized as much on its Q1 2025 earnings call Thursday (May 1). The financial technology...
Contactless payments continue to be a preferred method for consumers, Mastercard’s latest quarterly results showed, while debit and credit spending remained intact despite cardholders’ worries about the economy.
Company materials that accompanied the Thursday (May 1) earnings release showed that gross dollar volumes were up 9% to $2.4 trillion; within the United States, credit and debit spending...
Rain, a global card-issuing platform built for stablecoins, joined Visa’s pilot program for stablecoin settlement.
By fully tokenizing its credit card receivables and transitioning all settlement transactions for its Visa cards to USDC, Rain can now settle with Visa seven days a week, 365 days a year, the companies said in a Thursday (May 1) press release.
The capability enhances Rain’s ability...