Monthly Archives: September 2022

The Embedded Finance Explainer: Nonfinancial companies are increasingly looking to offer financial products via their platforms—here’s how innovative FIs can partner with them to capture a $7 trillion opportunity

Embedded finance is an emerging software distribution model that is promising—or threatening—to reshape the financial services industry. The global embedded finance market is still nascent, but its growth potential is enormous.  Do you work in the Fintech industry? Get business insights on the latest tech innovations, market trends, and your competitors with data-driven research. Embedded…

What to know about speculation: When investors buy high-risk assets with the expectation of significant returns

Active traders tend to be speculative investors and aren’t as prominent among those who take a “buy-and-hold” approach. Rapeepong Puttakumwong/Getty Speculation is the act of buying or selling assets that have an increased chance of significant losses.Speculation is common among investors who trade penny stocks and over-the-counter (OTC) investments.Speculation should be limited to ensure that…

Elon Musk tweets popcorn emoji as Twitter whistleblower testifies before lawmakers

Peiter Zatko (left) and Elon Musk. Michael Gonzalez/Getty Images/The Washington Post via Getty Images It looks like Elon Musk tuned into the Twitter whistleblower Senate hearing on Tuesday. The billionaire tweeted a popcorn emoji as the former Twitter executive testified. Musk’s legal team is planning to use the whistleblower’s allegations in its countersuit against Twitter….

Russia’s income from energy hit a 14-month low in August as Moscow dumps discounted oil

Russian President Vladimir Putin Contributor/Getty Images Russia’s oil and gas income dropped to a 14-month low in August, according to Bloomberg.  The Kremlin has turned to Asian markets as Western sanctions have pushed away traditional buyers.  Moscow is selling its oil at steep discounts as a result, while Gazprom has cut gas flows to Europe….

Wegmans is dropping its popular scanning app because too many customers were shoplifting while using it

Shutterstock/tarheel1776 Wegmans said its scan app will be discontinued due to high losses. The app, which is used with self-checkout, was introduced in 2020. Sam’s Club, Walmart, and Tops have similar scanning apps still in use.  Wegmans told customers on Monday that they will no longer be allowed to use the Scan app, which allows…

Lindsey Graham introduced a 15-week national abortion ban despite backlash to the overturning of Roe v. Wade

Republican Sen. Lindsey Graham of South Carolina at the Capitol on April 7, 2022. Drew Angerer/Getty Images GOP Sen. Lindsey Graham introduced a bill that would impose new nationwide restrictions on abortion. The bill, unlikely to pass the Senate anytime soon, comes amid backlash to the overturning of Roe v. Wade. In the wake of…

Top oversight Democrat demands that Trump officially certify that he’s turned over all sensitive documents taken from the White House

Former US President Donald Trump speaks during a campaign rally in support of Doug Mastriano for governor of Pennsylvania and Mehmet Oz for US Senate at Mohegan Sun Arena in Wilkes-Barre, Pennsylvania on September 3, 2022. Ed Jones/AFP via Getty Images Rep. Carolyn Maloney says Trump has had plenty of chances to come clean about…

Bill Gates says some people yell at him in public, accusing him of ‘putting chips into people’

Chip Somodevilla / Getty Images Bill Gates said he’s run into people in public who yell at him for “putting chips into people.” He called the conspiracy theory “tragic” if it caused people to be hesitant of vaccines or masks. Gates joked that he was targeted more than Anthony Fauci because he’s more known internationally….

Starbucks is adding new challenges and prizes to its popular rewards program — here’s how to get them

Starbucks Starbucks just announced a new addition to its rewards program using web3 and blockchain technology called Starbucks Odyssey.  Members will be eligible for NFT prizes and a trip to Starbucks’ coffee farm in Costa Rica. Fans can sign up for the Starbucks Odyssey waitlist now.  Starbucks just announced big additions to its rewards program,…