Ant Group has appointed its senior vice president, Peng Yang, as president of the company’s International Business Group (IBG). Yang will report to Eric Jing,...
This week in payments saw the SEC weigh in on artificial intelligence (AI), the long-awaited debut of the FedNow instant payments rail to mixed reviews,...
J.P. Morgan reportedly plans to expand its online banking platform Chase into Germany and other European Union (EU) countries. Preparations for such a move have...
British consumers’ purchases rose by 0.7% in June after increasing just 0.1% in May. Month-over-month retail sales volumes in the United Kingdom increased across all...
The Biden Administration has announced voluntary commitments from seven companies to help move toward safe, secure and transparent development of artificial intelligence (AI) technology. The...
Telly, the company behind a unique free television that relies on a built-in second screen to run nothing but ads, began shipping the first-of-its-kind dual-screen...
For American Express, the momentum lies with younger consumers. Results posted by the company on Friday (July 21) show that younger generations’ spending surged double...
Threads’ user engagement reportedly continued to decline in the second week since its launch. The average time iOS and Android users spend on the Meta-owned social...
Resale and rental have become hot initiatives among retailers. The intention is to cater to consumers’ changing preferences and values, while also mitigating the effects...