November, 2024

November, 2024

FTC: Evolv Oversold Abilities of AI-Powered Weapon Detector
The FTC has accused Evolv Technologies of overstating the capabilities of its in-school weapons-detection system. The Federal Trade Commission (FTC) said Tuesday (Nov. 26) that it wants to ban Ev...

Apple Ordered to Lift In-App Purchase Restrictions in Brazil
Yet another antitrust regulator has taken issue with Apple’s in-app payment system. As Reuters reported Monday (Nov. 25), Brazil’s Cade says Apple must do away with restrictions on payment m...

Mollie and PayPal Partner on Payment Solutions for Marketplace Platforms
Mollie and PayPal have teamed up to deliver payment solutions for marketplace platforms in the European Union (EU) and the United Kingdom. With their new strategic collaboration, Mollie will include ...

Ross, TJX and Gap Pivot as Consumer Spending Shift Poses Challenges
As consumers remain cautious with their spending amid ongoing economic pressures, leading retail companies encountered a mixed landscape in the third quarter. Ross Stores, TJX Companies and Gap repor...

Consumer Confidence Jumps, but Spending Plans Mixed
Headed into Black Friday, consumers are more positive than they have been in months. That’s among the takeaways from the latest reading of The Conference Board’s Consumer Confidence Index released...

What Synapse’s Court Filings Reveal About the Future of Bank-FinTech Partnerships
A reevaluation of risk management and regulatory oversight is transforming the bank-FinTech partnership model. At the center of this shift is the April collapse of Synapse, a banking-as-a-service (Baa...

Burlington Sales Impacted by ‘Significantly’ Warmer Fall Temperatures
A warmer-than-normal autumn wasn’t enough to stall sales growth for Burlington Stores. The off-price clothing retailer posted earnings Tuesday (Nov. 26) showing total sales up 11% for the third q...

Kohl’s Increases Private Brands Inventory to Bolster Value Messaging
Kohl’s will sharpen its focus on value by increasing its inventory of private brands and delivering more targeted offers as it works to reverse its declining sales. The retailer said this Tuesday (N...

UK Fintech iwoca Announces Fund to Help SMEs Build Expertise in AI and Data Analytics
iwoca, one of Europe’s SME lenders, announces access to a £500,000 fund to help small businesses and employees build skills in artificial intelligence (AI) and data analytics. Teaming up with learn...

SeedBlink Launches Secondary Marketplace, Lists Shares in Pre-IPO Fintech Klarna
SeedBlink has announced the launch of its secondary marketplace thus providing access to trading in private securities. SeedBlink is a pan-European online capital formation platform that aims to pair ...

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B&T Television

November