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Navigating uncertainty demands an uncompromising approach.
Many businesses’ back offices and finance teams are becoming a key source of truth. Driven by the accelerated adoption of digital tools, heightened expectations for seamless experiences, and the urgent need for operational resilience, companies are rethinking how money moves across global borders and internal departments, and what that...
The Treasury Department is reportedly taking the lead in the Trump Administration’s efforts to streamline oversight and ease regulation in the banking sector.
Treasury Secretary Scott Bessent has been holding private meetings with bank agencies over the past month, Bloomberg reported Thursday (April 17).
Bessent has met with Federal Reserve Governor Michelle Bowman, Federal Deposit Insurance Corp...
KeyCorp’s latest earnings results showed growth in deposits, while management pointed to momentum in payments, including commercial payments, that should prove resilient even in the face of tariff-induced macroeconomic headwinds.
The presentation materials released Thursday (April 17) indicate that average commercial loans were up 0.4% quarter over quarter in the period ended March 31, to $72.4...
Dave Davis, formerly chief financial officer and president of Sun Country Airlines, will become Spirit’s CEO next week, the airline announced Thursday (April 17).
“We’re excited to welcome Dave as Spirit’s new president and CEO,” Robert Milton, chairman of Spirit Airlines, said in a news release.
“He brings with him a wealth of experience and a solid track record of accomplishments from his many...
European B2B payment solution provider Pliant said Wednesday (April 16) that it acquired Austrian InsurTech company hi.health to gain that company’s insurance-specific expertise and to apply its own payment expertise to the insurance sector.
Hi.health will continue to operate independently, while using Pliant’s infrastructure to support its product offering: a digital interface between insurance...
A trio of lawmakers want answers from 23andMe about the security of its customer data.
In a letter to the bankrupt genetic testing service Thursday (April 17), members of the House Committee on Energy and Congress expressed concerns that this data could be compromised following a sale.
The letter from Rep. Brett Guthrie of Kentucky, Rep. Gus Bilirakis of Florida and Rep. Gary Palmer of Alabama...
A federal judge has ruled that Google holds an illegal monopoly on online advertising technology.
As The New York Times reported Thursday (April 17), Judge Leonie Brinkema found Google had violated the law to establish its dominance in the online advertising system.
The U.S. Department of Justice (DOJ) and a group of states had sued the company, claiming that its monopoly in advertising...
In the FinTech space, 2025 is shaping up to feel a bit like 2019.
This time around, all eyes are on embedded payments, in a nod to the new ways in which transactions are being woven into the fabric of eCommerce and enterprise business models.
On Thursday (April 17), a pair of announcements — in which Global Payments said it was acquiring Worldpay from GTCR and FIS, and is also divesting its...
The number of initial claims for unemployment insurance in the U.S. fell by 9,000 during the week ended Saturday (April 12), signaling a stable labor market.
The number of jobless claims dropped to 215,000, down from the previous week’s revised level of 224,000, the Department of Labor said in a Thursday (April 17) press release.
The four-week moving average declined by 2,500 and was gauged at...
A federal judge’s landmark ruling Thursday (April 17) found Google guilty of illegally monopolizing the online advertising technology market, marking a pivotal moment in the ongoing battle between regulators and Big Tech. The decision comes after more than two years of legal wrangling, with the U.S. Department of Justice and a coalition of states arguing that Google’s dominance in digital ad...