December, 2024

December, 2024

FTC Begins Sending Refunds in Epic Games Settlement
The Federal Trade Commission (FTC) has begun sending over $72 million in refunds to consumers as part of a December 2022 settlement with Epic Games. The settlement resolved the FTC’s allegations tha...

Puma Unveils AI-Designed Sneaker, Sparking Debate on the Future of Fashion Creativity
Artificial intelligence (AI) is rapidly reshaping how major fashion brands conceive and design products, highlighted by Puma’s release of a new AI-developed sneaker this month. The growing adoption ...

Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
Banks rely on core tech to handle the basics: transactions, deposits, loans and more. But the kicker is that most of these systems were built decades ago. As in 1980, not 2010. Back then, “digital t...

RBC Debuts International, Multicurrency Trading Service for Investors
The Royal Bank of Canada (RBC) launched an online, multicurrency international trading offering. RBC Direct Investing provides the service, making it the only bank-owned online brokerage in Canada to ...

NY Fed: Consumer Optimism About Household Financial Situation ‘Improved Considerably’
Consumers are more optimistic about their household financial situation than they’ve been since February 2020. While consumers’ perceptions about their current financial situation compared to a ye...

Coinbase Integrates With Triple-A to Expand Crypto Payments
Cryptocurrency payments solution firm Triple-A announced an integration with Coinbase. The integration is designed to let Coinbase users make payments to select merchants in the Triple-A network, acco...

IBM Says Optics Breakthrough Can Enhance AI Training
IBM said new optics technology research could improve how data centers train AI models. The researchers, the tech giant said Monday (Dec.9), have come up with a new process for co-packaged optics (CPO...

Rent the Runway Focuses on Subscription Expansion With New Tier
After focusing on cost-cutting and margin improvement from 2020 to 2023, Rent the Runway is now back in “growth mode,” according to CEO Jennifer Hyman. As 2024 winds down, Rent the Runway is foc...

How MoneyThumb Has Its Finger on Document Evaluation and Fraud
CEO Ryan Campbell wishes he had access to MoneyThumb’s automated document evaluation and fraud solutions when he ran other Fintech companies earlier in his career. Over the past seven years, he’s ...

Unlawful Money Lending, Consumer Protection Violations, Cybercrime Expected to Rise During Holiday Season – Report
Holiday season is the gift that “keeps giving for criminals,” rogue employers, and unscrupulous service providers, according to an update from LSEG Risk Intelligence. Analysis of LSEG World-Check ...

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B&T Television

March