December, 2024

December, 2024

Nordstrom Founding Family Takes Retailer Private in $6 Billion Deal
The Nordstrom family now owns the department store chain bearing their name. Erik, Pete and Jamie Nordstrom and other members of their family, along with Mexican retailer Puerto de Liverpool, announce...

How AI Reshaped Retail in 2024: 10 Key Developments
In 2024, artificial intelligence (AI) evolved from theory to practice in the retail industry, changing the way businesses interact with customers, manage operations and develop products. From inventor...

Beyond the Buzzword: Why Really Big Data Still Matters
Big data once topped every corporate wish list, right next to “digital transformation” and “innovation.” While the buzz has faded, the massive data processing revolution continues to reshape i...

Consumer Confidence Declines Amid Concerns About Politics and Tariffs
Consumer confidence declined in December, with a growing number of consumers expressing concerns about politics and tariffs. The Conference Board’s Consumer Confidence Index decreased by 8.1 points ...

Fiserv Acquires Earned Wage Access Firm Payfare
Payments and financial services technology company Fiserv is acquiring earned wage access (EWA) provider Payfare. “This acquisition complements the embedded finance solutions of Fiserv with card ...

Google Proposes Revision of Search Deals to Address Antitrust Ruling
For many Apple device users, Google is the default choice for browsing the web. That could change, however, under a plan proposed by Google to address a U.S. antitrust ruling, Reuters reported Monday ...

AI’s Growing Role Across B2B Payments Will Be Impossible to Ignore in 2025
Artificial intelligence (AI), throughout 2024, became an increasingly permanent component of many business processes. Particularly across the back office and finance and treasury departments, where cr...

UK Financial Authorities to Improve Cooperation on National Payments Vision
Four financial authorities in the United Kingdom said they are working to improve their cooperation and will revise their agreement as the government pursues its National Payments Vision. The Bank of ...

Nordic Challenger Bank Lunar Launches Update to Hyper-Personalize Banking
Lunar has recently rolled out a major app update, which is described as a game-changer in hyper-personalized banking. Lunar claims that it takes digital banking to the next level with the launch of th...

UK’s Lending Standards Board Releases Review of Registered Firms’ Application of Standards of Lending Practice
A review by the LSB (Lending Standards Board) of its registered firms’ application of the Standards of Lending Practice for business customers has identified 102 areas where action has been needed t...

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B&T Television

March