September, 2024

Albertsons Takes Kroger to Court After Grocery Merger Collapses
Albertsons has sued fellow grocery giant Kroger over the failure of their $24.6 billion merger. The company said Wednesday (Dec. 11) that it has filed a lawsuit in the Delaware Court of Chancery, accu...

FSOC Says Financial Landscape Unprepared for Increasing FinTech, Crypto Influence
Innovation within the financial services and payments space tends to center around two poles: FinTechs, and cryptocurrency. In its newly released 2024 annual report, the U.S. Financial Stability Overs...

Loop Launches Multicurrency Corporate Credit Card for Canadian Small Businesses
Global financial platform Loop launched a corporate credit card solution for Canadian small- to medium-sized businesses (SMBs) that manage cross-border purchasing. Launched in collaboration with EQ Ba...

Amazon Questions Influencers in Crackdown on Paid Reviews
Amazon reportedly started polling influencers about product testimonials they’ve posted on social media. The questionnaires, sent to influencers and dealing with reviews appearing on YouTube, TikTok...

Mynt Raises $23 Million to Expand Spend Management Solution in Europe
Mynt, a spend management solution focused on Nordic small- to medium-sized businesses (SMBs), raised 22 million euros (about $23 million) in a Series B funding round. It will use the capital to fuel i...

Circle and Binance Team to Expand Stablecoin Adoption
Cryptocurrency giants Circle and Binance are joining forces to promote the wider adoption of stablecoins. The partnership is designed to expand the adoption of Circle’s USDC stablecoin and support t...

Millennials Forgo Homeownership and Boost Rent-to-Build Market
With homeownership increasingly out of reach, many millennials are turning to high-end rentals. Developers are in a hurry to meet that demand even if it means constructing fewer homes to sell, The Wal...

Socure’s First-Party Fraud Consortium Achieves Scale, Uniting Industry Participants to Combat $100B Problem
Socure, the provider of artificial intelligence for digital identity verification, sanction screening, and fraud prevention announced milestone achievements for its First-Party Fraud Consortium. The c...

Nigerian Scam Pilfers $2.9 Million from Investors, SEC and DOJ Charge Three for Operating Bogus Websites
The Securities and Exchange Commission (SEC) has filed charges against three Nigerian nationals for scamming investors out of $2.9 million. According to the SEC, the trio impersonated legitimate inves...

Cambridge Centre for Alternative Finance Publishes Report on Wholesale Central Bank Digital Currencies (CBDCs)
The Cambridge Centre for Alternative Finance (CCAF) has published a report on central bank digital currencies (CBDCs), more specifically, wholesale central bank Digital Currencies (wCBDCs), which may...

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September, 2024

December