Insurance company Aflac said personal information associated with 22.65 million people was impacted by a cybersecurity incident within its U.S. business that the company reported in June.
The company determined the number of affected people after reviewing the potentially impacted files, it said in a Friday (Dec. 19) press release.
“Following detection of the security incident, Aflac...
Holiday shoppers are willing to spend but are looking for value, Tanger CEO Stephen Yalof told CNBC Tuesday (Dec. 23).
Retailers at Tanger’s outlet centers are catering to this demand with promotions and are gaining traffic and sales, Yalof said, according to a CNBC report.
“Retailers are discounting to meet the consumer, and the consumer is responding by shopping,” Yalof said, per the...
Who could’ve predicted the run that prediction markets have had in 2025?
These novel platforms, which let participants trade contracts tied to the outcomes of real-world events, entered a decisive phase of commercial and regulatory expansion over the past year. Formerly forced offshore, 2025 saw an influx of U.S.-accessible platforms take advantage of the fact that prediction markets,...
Artificial intelligence (AI) solution provider Seekr and Wayne, Pennsylvania-headquartered regional accounting firm Stephano Slack have partnered to build AI agents for financial auditing and advisory services.
The collaboration started with advanced 401(k) plan auditing and financial data extraction, and it will grow across other core advisory and audit workflows, the companies said...
Trade finance platform Olea Global has raised $30 million in new funding.
The company’s Series A round, announced by the Singapore-based startup last week, was led by BBVA and will help Olea invest in artificial intelligence (AI) driven analytics, Web3 readiness and expertise in areas such as embedded finance.
‘This funding marks an important milestone in Olea’s journey,” Amelia Ng,...
The U.S. Education Department is set to resume garnishing wages from student loan borrowers in default.
The practice, put on hold during the pandemic, will resume early next year, according to multiple news accounts Tuesday (Dec. 23).
“We expect the first notices to be sent to approximately 1,000 defaulted borrowers the week of Jan. 7,” a department spokesperson told NPR, adding that...
Consumers continue to spend more on their debit cards, although the rate of growth has slowed.
Total debit card transaction volume and value both grew at an average rate of 4.6% per year from 2021 to 2023, the Federal Reserve Board said in its latest report on debit card transactions, which is released every other year.
The figures showed a deceleration compared to the 12-year period...
Ex-FTX executive Brett Harrison raised $35 million for his perpetual futures exchange startup, The Information reported Tuesday (Dec. 23).
The new funding round values Architect Financial Technologies at $187 million, according to the report, which cited unnamed sources.
The exchange, AX, offers perpetual futures on assets like stocks and foreign currencies, the report said. Perpetual...
Expedia, Yelp, Angi, and Square are building agentic artificial intelligence (AI) capabilities for Amazon’s Alexa+.
The new integrations are set to debut on the virtual assistant device next year, Amazon wrote on its blog Tuesday (Dec. 23).
“We understand that a truly useful personal assistant needs to connect with services that customers rely on every day,” said Daniel Rausch, vice...
The reporter who uncovered fraud at blood-testing startup Theranos is reportedly among a group of six writers who sued six artificial intelligence (AI) companies on Monday (Dec. 22), alleging that they trained their AI systems on copyrighted works without permission.
John Carreyrou, who is now with The New York Times, and five other writers sued Anthropic, Google, OpenAI, Meta...