February, 2025

February, 2025

Peloton Continues Comeback With Strong Subscription Metrics
For Peloton, intensifying efforts to enhance its subscription-based model, reduce member churn and increase engagement are foremost among its goals for 2025. While the company recorded a slight declin...

Trustly and Spreedly Join Forces to Expand Pay-by-Bank Usage
Open payments platform Spreedly is working with Trustly to give merchants pay-by-bank access. The collaboration, announced Thursday (Feb. 6), gives businesses using Spreedly access to Trustly’...

Elon Musk’s DOGE Leashed by Judge in Treasury Case
A judge has limited Elon Musk’s efficiency group’s access to the Treasury Department’s payment system. The order by U.S. District Judge Colleen Kollar-Kotelly came after a group of unions accuse...

Weaker Hiring Market Creates Revenue Headwinds for Equifax
For Equifax, macro headwinds from a job market slowdown and the volatile mortgage market — where uneven loan demand has been a hallmark amid relatively high interest rates — have impacted top-line...

Lyft and Anthropic Partner on AI Products for Ridesharing
Ridesharing company Lyft and artificial intelligence firm Anthropic said Thursday (Feb. 6) that they are working together to create AI products to serve Lyft’s riders and drivers. The first phase of...

FIS Introduces Tool To Help Companies Optimize Collections
Financial technology firm FIS has launched a tool to help businesses optimize collections. FIS Revenue Insight, introduced Thursday (Feb. 6), is part of the company’s Automated Finance suite, and is...

DeepSeek Restricts Access as AI Model Balloons in Popularity
DeepSeek’s artificial intelligence model is reportedly too popular for its own good. The Chinese startup said it is limiting access to its API service because of shortages with its server capacity, ...

Meta CTO: 2025 to Decide If Metaverse Was ‘Legendary Misadventure’
Four years after Facebook changed its corporate name to Meta after the metaverse, which it believed was the next big thing in tech, the tech giant looks to be ready to pull the plug on this money pit....

FDIC Release Documents Related to Crypto Related Actions
This week, Congress is busy holding hearings on Debanking and other nefarious actions taken by federal regulators targeting the digital asset sector during the Biden Administration. Crypto firms have ...

Malware Report: Crypto Stealing Trojan Discovered by Kaspersky in AppStore and Google Play
Kaspersky Threat Research expertise center has discovered a new data-stealing Trojan, SparkCat, active in AppStore and Google Play since at least March 2024. This is said to be the “first known inst...

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B&T Television

March