Mastercard Aims to Minimize Card Declines with Lifecycle Management Tools
Mastercard addresses card declines using lifecycle management tools. Tools automate updating of payment information for merchants. Data-driven insights improve transaction…
IKEA Invests €1.5 Billion in Renewable Energy Initiatives
IKEA's parent company invests €1.5 billion in renewable energy projects. The initiative aims to reduce emissions from store heating and…
Ardian Acquires Majority Stake in Vecos to Expand Smart Locker Solutions
Ardian acquires a major stake in Vecos to boost global presence. Vecos offers advanced smart locker systems for flexible workspaces.…
US Agencies Investigate Citigroup’s Anti-Money Laundering Policies
US agencies probe Citigroup's anti-money laundering policies and Russian ties. Citigroup emphasizes compliance and commitment to closing Russian operations. Advanced…
AI Firms Report Mixed Financial Results for Q3 2024
SoundHound reports 89% revenue growth but faces a $21.8 million loss. Youdao achieves first Q3 profit with strategic shifts and…
Disney Reports Significant Growth in Income and Streaming Subscribers
Disney reports 74% increase in net income, reaching $460 million. Streaming division posts $321 million profit, reversing previous losses. Box…
Advance Auto Parts Plans to Close Over 700 U.S. Locations
Advance Auto Parts will close over 700 stores to improve financial performance. The company aims for a 500 basis points…
Unlimit Partners with Pagaloop for Enhanced Payment Solutions
Unlimit and Pagaloop enhance payment processing for Latin American SMBs. New partnership aims to simplify financial transactions and support growth.…
Mastercard Expands Live Music Access for Cardholders
Mastercard will offer enhanced live music access in the U.S. next year. Initiative includes exclusive pre-sale tickets and Priceless Experiences.…
Capri and Tapestry Call Off Luxury Brand Merger
Capri and Tapestry ended their $8.5 billion merger proposal. Regulatory concerns over competition led to the merger's termination. Both companies…