Collaborate Disseminate
schwit1 shares a report from the Wall Street Journal: Apple is pulling the plug on its credit-card partnership with Goldman Sachs (source paywalled; alternative source), the final nail in the coffin of the Wall Street bank’s bid to expand into consumer… Continue reading Apple Pulls Plug On Goldman Credit-Card Partnership
It’s not your imagination: Airlines are piling on more fees and extra charges, driving up the cost of air travel. From a report: Across the industry, revenue from what’s known as ancillary sales — fees for selecting seats, checking bags, and buying fo… Continue reading Airlines Will Make a Record $118 Billion in Extra Fees this Year
FCC Chairwoman Jessica Rosenworcel today outlined a new proposal that would ban cable and satellite companies from charging subscribers early termination fees. Deadline reports: Some subscribers who sign contracts with cable and satellite operators fac… Continue reading FCC Proposes Ban On Cable and Satellite Early Termination Fees
An anonymous reader quotes a report from Reuters: Apple has been sued by Venmo and Cash App customers in a proposed class action claiming the iPhone maker abused its market power to curb competition for mobile peer-to-peer payments, causing consumers t… Continue reading Venmo, Cash App Users Sue Apple Over Peer-To-Peer Payment Fees
An anonymous reader shared this report from CNBC:
Central bank digital currencies have the potential to replace cash, but adoption could take time, said Kristalina Georgieva, managing director of the International Monetary Fund on Wednesday.
“NFTs aren’t gone yet,” writes the Verge.
“Disney will launch an ‘all-new socially driven collectible experience’ called Disney Pinnacle later this year, turning characters from Pixar, Star Wars, and its classic animated films into tradable digital p… Continue reading Is ‘Disney Pinnacle’ Preparing to Be the Next Big NFT Failure?
According to Reuters, banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection concerns raised by U.S. lawmakers and the federal consumer watchdog. From the report: The 2,100 financial firms on Zelle,… Continue reading Zelle Begins Refunds For Imposter Scams After Government Pressure
An anonymous reader writes: US Treasuries may face renewed selling pressure into the new year if one measure of the nation’s swelling debt repayment bill is any guide. Estimated annualized interest payments on the US government debt pile climbed past $… Continue reading US Debt Interest Bill Rockets Past a Cool $1 Trillion a Year
When managing anti-money laundering (AML) obligations, many challenger banks turn to basic or unproven in-house risk management solutions. Although these solutions can, in some ways, be innovative, they are often built quickly and lack thorough testing… Continue reading Unpacking the challenges of anti-money laundering obligations
William Gallagher reports via Appleinsider: In a move similar in principle to how the EU retrospectively sought to fine Apple over its tax agreement with Ireland, the California Department of Tax and Fee Administration (CDTFA) is changing the company’s… Continue reading California Wants To End Cupertino’s Tax Deal With Apple