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FedNow Pushes FEMA Disaster Aid From Days to Seconds
In the wake of natural disasters, the speed of financial recovery is often as critical as the initial emergency response. Historically, victims of hurricanes, wildfires, and floods have had to wait da...

Amazon, Walmart Shift Retail Competition From Price to Technology
Retail used to compete primarily on assortment, price and convenience. Increasingly, it competes on infrastructure and positioning. In a consumer environment defined by uncertainty driven b...

Small Businesses Use Business Credit Cards for Cash Flow, Not Rewards
Cash retains a stubborn presence in small- and mid-sized businesses, but business credit cards are beginning to erode that dominance by addressing the operational pressures that keep firms tied to cur...

Netflix buys Ben Affleck’s AI filmmaking startup
InterPositive, a stealth company Affleck founded in 2022 and never publicly acknowledged, builds post-production AI tools trained on real footage rather than text prompts. Netflix is acquiring it just...

Costco Digital Innovations Fuel 22.6% Online Growth
Costco is seeing measurable benefits from its latest digital initiatives both in-store and online, Costco President, CEO and Director Ron Vachris said Thursday (March 5). “In digital, we ...

Pattern Group Revenue Rises 40% as AI Product Discovery Reshapes eCommerce
Pattern Group’s fourth quarter results, posted after the market closed on Thursday (March 5), reflect broader shifts underway in digital retail as brands expand across more marketplaces and artifici...

Revolut Files for US Bank Charter, Names Duransoy as US CEO
Revolut, the London-based global FinTech with 70 million customers, took its most decisive step yet into the American market Thursday (March 5), filing for a national bank charter with the U.S. Office...

Anthropic Steals the Limelight at Morgan Stanley’s Tech Conference
I’ve spent the last week talking to people who are in town for Morgan Stanley’s annual technology, media and telecom conference at the Palace Hotel this week. Even before the fireworks last week b...

Suspect Arrested for Alleged $46M Heist of Seized Crypto Assets
The post Suspect Arrested for Alleged $46M Heist of Seized Crypto Assets appeared first on Coinpedia Fintech News John Daghita, aka Lick, was arrested today by the Federal Bureau of Investigation (FB...

Silverflow Nets $40 Million to Simplify Global Payment Processing
Silverflow, a Dutch payment processing firm, announced on Thursday (March 5) that it had secured $40 million in Series B funding in an investment round led by Picus Capital. Several other f...