Faster digital payments are garnering greater interest from US financial institutions, businesses, and consumers.B2B, C2C, B2C use cases all stand to gain from shorter settlement times offered by real-time payments (RTP).Do you work in the Ecommerce and Retail industry? Get business insights on the latest tech innovations, market trends, and your competitors with data-driven research.The…
Monthly Archives: July 2022
Tesla CEO Elon Musk Steve Nesius/Reuters Tesla disclosed $222 million in digital assets in a regulatory filing on Monday after selling most of its bitcoin. The company revealed last week that it converted 75% of its bitcoin holdings to cash. Tesla also disclosed a $170 million impairment charge on its crypto investments for the six-month…
Ukrainian servicemen sit in a bus after leaving Mariupol’s besieged Azovstal steel plant, near a penal colony, in Olyonivka, in territory under the government of the Donetsk People’s Republic, eastern Ukraine, Friday, May 20, 2022. AP Photo Thousands of Ukrainian troops who defended Mariupol were captured by Russian forces. In captivity, they endured abuse and…
Michael Burry. Bloomberg TV Michael Burry took aim at the White House for downplaying the risk of recession. The Biden administration is overlooking rising consumer debt and an oversized economy, he said. The investor of “The Big Short” fame has been warning about consumer spending and labor shortages. Michael Burry, the fund manager of “The…
Traders work on the floor of the New York Stock Exchange (NYSE) Spencer Platt/Getty Images A peak in inflation means the Federal Reserve is likely to pivot away from interest rate hikes, according to JPMorgan.The bank thinks investors should tactically favor growth stocks as a slowdown in rate hikes from the Fed would spark risk-on…
Travel and entertainment spending surged 84% annually in Q2, helping Amex bolster billed business. Looking ahead, Amex’s card revamps can help it capitalize on consumer spending trends. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Payments & Commerce industry. Learn more about becoming a client. The data: American Express’ billed business grew 30% year…
Brazil nuts are one of the most sustainable nuts, collected after dropping naturally off wild trees. Collecting them is dangerous work, but it supports Indigenous tribes and helps preserve the rainforest. We visit the Apiaká tribe in Mato Grosso, Brazil, to see how it’s using nuts to fight deforestation. Brazil nuts are one of the…
The Mercedes EQB holds a unique place in the automaker’s US lineup: unlike other EQ vehicles, it’s built upon a platform that supports gas, hybrid and electric drivetrains. If you’re familiar with Mercedes vehicles, you’ll see it’s unmistakably the electric-powered version of the GLB SUV, but it’s had a small makeover to make it fit…
After months of teasing, the NFL has launched its expected streaming service. The newly available NFL+ gives you access to live football streams and ad-free library content through the NFL App and the web starting at $40 per year or $5 per month. Spend $80 per year or $10 per month on NFL+ Premium and…
The San Diego Comic-Con might be over for another year but it left us looking forward to some incredible movies and TV shows that are coming up over the next few years. During the convention we were treated to a whole host of genre TV and movie trailers, plus the unveiling of Phase 5 of…