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Google Amps Up Gemini’s AI Model for New Shopping Platform
Google has revamped its shopping platform, introducing an experience powered by artificial intelligence (AI) that will roll out across the U.S. in the coming weeks. This transformation leverages 45 bi...

Albertsons Sees 24% Growth in Digital Sales Amid Expanded Offerings
Albertsons Companies saw its digital sales increase 24% during a quarter in which its identical store sales increased 2.5%. During the quarter ended Sept. 7, the food and drug retailer also reported a...

FDIC to Banks: Work With Borrowers Impacted by Hurricane Milton
Federal regulators are encouraging banks and financial institutions to work with borrowers impacted by Hurricane Milton. The Federal Deposit Insurance Corp. (FDIC) and other agencies and regulators is...

Citigroup CEO Sees ‘Surprisingly Resilient’ Global Consumer Spending
Citigroup’s earnings Tuesday (Oct. 15) echo the sentiment of other banks that have reported in the past few days: Investment banking and trading revenues were up. And consumers remain resilient — ...

AI Collaboration Marks ‘Next Phase’ of eCommerce Development
Recent advancements in AI-assisted editing platforms could boost productivity for eCommerce teams, enabling faster creation of everything from multilingual product descriptions to marketing copy. Open...

Bank of America CEO: Consumer Spending Results ‘Bodes Well’ For Economic Outlook
Interest rate cuts might have been on the mind of the Wall St. analysts gathered for the Bank of America third-quarter earnings call today (Oct. 15), but digital transformation and healthy consumer sp...

PNC Expects Loan Growth After Fed’s Rate Cut
PNC Financial Services Group said Tuesday (Oct. 15) that it is prepared for lending to pick up after the Federal Reserve cut interest rates in September. During the third quarter, which ended Sept. 30...

4 Ways CFOs and Treasurers Can Monetize Payments Beyond Cost
Innovation begets innovation — and companies that neglect that fact can often end up stagnating. Consider, for example, the fact that in today’s digital economy, payments are no longer just a mea...

Velera Aims for Card Diversification With Arroweye Partnership
Credit union service organization Velera has launched a collaboration with Arroweye Solutions. According to a Tuesday (Oct. 15) news release, Velera has chosen Arrowye as a provider of card produc...

LVMH Warns of ‘Uncertain’ Conditions Amid 3% Drop in Luxury Sales
LVMH saw quarterly sales dip amid an “uncertain economic and geopolitical environment.” The luxury retail giant reported third-quarter earnings that showed a 3% drop in revenues — to 19.1 billio...