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Feed Items

If the Super Bowl is America’s annual excuse to overinvest in snacks and LED televisions, the FIFA World Cup is the planet’s far more glamorous version of the same impulse. It is football, yes. But it is also a travel surge, a luxury hospitality showcase, brand activation machine, and retail stress test wrapped into one monthlong global festival. For merchants, banks, payments players...
Tech companies are adjusting their approaches to artificial intelligence (AI)-enabled commerce after encountering some hurdles in their first attempts, CNBC reported Friday (March 20). OpenAI recently confirmed that it is ending its feature that allowed users to check out in ChatGPT, Instant Checkout, and shifting its focus to facilitating sales through retailers’ dedicated apps within...
A Nevada judge has temporarily barred prediction market Kalshi from offering event contracts for sports, election and entertainment in the state, Bloomberg reported Friday (March 20). The temporary restraining order, which can last for up to two weeks, came in a case in which the Nevada Gaming Control Board contends that prediction markets that facilitate unlicensed gambling are...
The Federal Reserve will have a third-party review the March 2023 collapse of Silicon Valley Bank, Federal Reserve Vice Chair for Supervision Michelle W. Bowman said Friday (March 20). During an interview on Fox Business’ “Mornings with Maria,” Bowman said there was evidence of issues with Silicon Valley Bank’s condition as early as 2022, and that those issues were included in the...
One wouldn’t expect a chef to prepare a meal by scrounging around disconnected kitchens where the ingredients were stored without labels. But, in many ways, that’s the task that businesses are unwittingly setting their treasury and finance teams out on. After all, while at its core treasury management is about visibility into cash and where risks are embedded, that visibility is often...
Starbucks overhauled its rewards program in this month, and customers noticed immediately. The coffee chain replaced its long-standing structure with a three-tier membership system sorting members into Green, Gold and Reserve categories based on Stars accumulated in 2025, according to Axios. The update took effect on March 10. The response from longtime customers was swift and largely hostile,...
Starling has added an agentic artificial intelligence (AI) financial assistant to its banking app in the United Kingdom. The company began rolling out the new Starling Assistant to personal account customers on Friday (March 20) and plans to extend it to business and joint accounts soon, Starling said in a Friday press release. Starling Assistant responds to voice and natural language...
Banco Santander (Brasil) said Friday (March 20) that Gilson Finkelsztain, CEO of Brazilian stock exchange B3, will become its new CEO when Mario Roberto Opice Leão steps down from that position at the Brazilian bank by the middle of the year. Leão will step down as CEO by July, Santander Brasil said in a Friday filing with the U.S. Securities and Exchange Commission. He will continue...
DoorDash on Thursday (March 19) launched a paid task program that redirects its 8 million U.S. delivery couriers toward a new kind of work: generating training data for artificial intelligence (AI) and robotics systems. The company called the program Tasks, which lists digital assignments couriers can accept in place of or alongside standard delivery orders. Tasks range from recording...
UBS is set to offer a full range of banking products and services in the United States. Bank executives said this Friday (March 20) while announcing that UBS received approval to convert its U.S. bank, UBS Bank USA, to a nationally chartered bank. Previously, the bank was a state-chartered bank, Brian Carlin, head of global wealth management banking, U.S., said in video shared by UBS...