Evolve Bank Faces Ransomware Attack and Data Breach
Evolve Bank faces a ransomware attack compromising customer data. The breach impacts Evolve’s FinTech partners like Affirm and Stripe. Enhanced…
Uber Encourages Car-Free Lifestyle
Uber launches a trial promoting a car-light lifestyle. Participants receive $1,000 for alternative transportation. The initiative targets seven cities in…
Coinbase Sues SEC and FDIC Amid Crypto Regulation Concerns
Coinbase files lawsuits against SEC and FDIC for document access. Crypto firms face regulatory barriers to accessing banking services. Lawsuits…
Amazon Canada Partners with Visa for Installment Plans
Visa partners with Amazon Canada for installment payment plans. Installment options provide flexibility and choice for consumers. Visa aims to…
Amazon Joins $2 Trillion Market Cap Club
Amazon's market cap surpasses $2 trillion milestone. Shares hit a record $193.61, up 24% this year. Prime Day anticipated to…
Companies Embrace Digital Payment Solutions
Digital AR solutions unlock operational efficiency and customer loyalty. Resistance to change hinders digital transformation despite clear benefits. AI integration…
Abra and CEO Settle with State Regulators
Abra and its CEO settle with 25 state regulators. Settlement includes ceasing U.S. operations and refunding customers. No monetary penalty…
FedEx May Spin Off Its Freight Unit
FedEx considers spinning off its Freight unit. Freight unit's spinoff could increase market value. Company consolidates for improved operational efficiency.
Southwest Airlines Faces Pricing Challenges
Southwest revises revenue forecast due to pricing challenges. Industry capacity increases lead to reduced fare prices. Record travel expected despite…
FDA Warns Bimbo Bakeries Over Misleading Allergen Labels
FDA warns Bimbo Bakeries about misleading allergen labels. Inspections found inaccurate labels on several bread products. Bimbo must address the…
