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Pinterest ads will become directly shoppable via Instacart under a new retail media collaboration between the two companies.
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This collaboration will enable Pinterest users to complete a purchase in a few clicks and have the items delivered in as little as 30 minutes, the companies said in a Monday (June 16) press release.
“This partnership transforms discovery into...
Tensions between longtime partners OpenAI and Microsoft have reportedly reached a point where OpenAI executives have discussed accusing Microsoft of anticompetitive behavior and seeking a federal regulatory review of the terms of their contract.
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The tensions center in part on whether Microsoft would have access to the intellectual property of Windsurf, if OpenAI...
The Federal Trade Commission (FTC) said Monday (June 16) that Paddle.com Market Limited and its subsidiary, Paddle.com, will pay $5 million to settle the agency’s allegations that the organizations processed payments for deceptive tech-support schemes.
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Paddle will also be permanently banned from processing payments for tech-support telemarketers, the FTC said in a...
Big Retail’s commerce ecosystems may prove to be fertile ground for new payment methods, particularly proprietary stablecoins.
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The web woven between platforms, businesses and customers would seem a natural fit for those coins, moving instantly between buyers and sellers, with what proponents have said is the liquidity as cash, because the coins are backed by dollar-...
MoneyGram will pay a penalty of $250,000 as part of a settlement with the New York State Office of the Attorney General (OAG), resolving a three-year-old lawsuit.
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The OAG and the U.S. Consumer Financial Protection Bureau (CFPB) filed the suit in April 2022, alleging that the international money transfer provider violated state and federal laws by failing to make funds...
As the world of information goes digital, the world of money is taking things a bit slower. But that doesn’t mean that things aren’t heading in the same direction.
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Stablecoins, which have become a buzzword du jour for the traditional financial and payments space, are one potential vector of travel. Bank of America, for example, is reportedly eying its own stablecoin, as...
Vine Financial said Monday (June 16) that it secured seed funding for its commercial lending accelerator platform for banks and credit unions.
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The platform brings together all the tools needed by lenders and uses artificial intelligence (AI) tools to make commercial lending faster, more accurate and more auditable, the company said in a Monday press release.
With the...
Visa has teamed with eTip, a digital tipping platform for the hospitality and service industries.
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The collaboration is designed to help deliver funds directly to participating digital wallets in real time, the companies said in a Monday (June 16) news release.
This will let service industry professionals quickly send funds to apps such as Venmo and PayPal without...
Cryptocurrency platform Tron is reportedly preparing to go public in the U.S.
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That’s according to a report Monday (June 16) by the Financial Times (FT), which noted that the plans come four months after U.S. regulators agreed to halt a fraud probe into several companies run by Tron’s Justin Sun.
The report, citing two sources briefed on the matter, said Tron will go...
Debit rewards programs had seemingly gone the way of the dodo.
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The Durbin Amendment, contained in the 2010 Dodd-Frank Act, capped fees on debit card payments, which set in motion a ripple effect that led to banks’ elimination of many of those programs. As noted here, those programs were slashed by as much as 50% immediately after the legislation took effect.
But the...