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A federal judge denied a request by 14 state attorneys general to temporarily bar the Elon Musk-led Department of Government Efficiency (DOGE) from accessing data at seven federal agencies.
U.S. District Judge Tanya Chutkan said the states had not shown how DOGE’s work could cause irreparable harm to the states, The New York Times reported Tuesday (Feb. 18).
The judge said that while DOGE’s...
Earlier this year, PYMNTS Intelligence detailed that pay-later options were drawing widespread use among consumers versus payments via traditional credit cards.
The data showed that coming into the end of 2024, 56% of consumers used installment payment options in the last year. Within the various pay-later offerings, buy now, pay later (BNPL) was a standout, as 76% of BNPL users said they were...
Spanish company Imperia raised over €10 million (about $10.5 million) in a Series A funding round to fuel the international expansion of its supply chain management software.
The company will use the new funding to enhance its software’s predictive capabilities with artificial intelligence (AI) and advanced analytics; grow its international team; and expand to the U.K., Italy and France, Imperia...
When it comes to managing for uncertainty, chief financial officers are expected to nimbly handle both a sea of change and changing seas.
Those skills are being put to the test as the President Donald Trump administration makes trade actions an immediate priority for the first 100 days. The proposed and already-enacted tariff policies have put corporate compliance and financial strategy back in...
The stockholders of both Capital One and Discover voted to approve Capital One’s previously announced acquisition of Discover.
The transaction was approved by more than 99.8% of the Capital One shares voted at the company’s special meeting of stockholders, and by more than 99.3% of the Discover shares voted at the company’s special meeting, the companies said in a Tuesday (Feb. 18) press release...
Artificial intelligence (AI) firm Luminance has raised $75 million to scale its legal-industry-focused technology.
“This funding is all about innovation, expansion and scaling,” Eleanor Lightbody, CEO of the U.K.-based Luminance, said in a news release Tuesday (Feb. 18).
“It supercharges our U.S. growth, where 40% of our revenue is already generated, and will fuel key hires and new offices across...
The Department of Justice said Tuesday (Feb. 18) that a district court in Miami permanently barred 10 individuals and entities from making unauthorized debits to the bank accounts of consumers and small businesses.
The court entered the final consent decree in a series on Jan. 31, the DOJ said in a Tuesday press release.
In a civil complaint unveiled in December 2023, the DOJ alleged that the...
Big business had hoped the Trump administration would approach regulation somewhat differently than its predecessor.
But a pair of announcements Tuesday (Feb. 18) from the Federal Trade Commission (FTC) suggest that some things are set to remain the same on that front.
In the first, FTC Chairman Andrew Ferguson said that the agency would continue to use the merger guidelines created by the...
FICO and TransUnion Kenya partnered to broaden access to credit in Kenya.
“By leveraging enriched data and analytics, lenders can now make more informed decisions, which foster greater economic empowerment and build a more resilient financial ecosystem,” the companies said in a news release Tuesday (Feb. 18).
The partnership brings together two tools — TransUnion’s CreditVision Variables solution...
Amazon is no longer offering Inspire, the social commerce feature with a video and photo feed of products that it added to its mobile app in 2022.
“Thank you for using Amazon Inspire to discover and shop new products on Amazon,” a page on the company’s website said. “Please note that Inspire is no longer available in the Amazon shopping app.”
The message suggested that shoppers instead use its...