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A new European Union-Amazon deal will force the retailer to alter its business practices. The company has agreed to a settlement with regulators in Europe that will require Amazon to offer makers of rival products equal...

Chime reportedly offered two deals to buy DailyPay but neither was accepted. The FinTech offered as much as $2 billion for the startup, The Information reported Thursday (Dec. 15). Chime spent much of the year trying to...

Business travel platform TripActions has tapped Airwallex for cross-border payment support. The companies said in a news release Thursday (Dec. 14) that Airwallex’s support will benefit TripActions Liquid, the...

A New York regulator has reiterated that financial institutions need prior approval for cryptocurrency activities. The New York Department of Financial Services (DFS) released guidance Thursday (Dec. 15) to New York...

The leader of German’s anti-money laundering office has reportedly resigned. Christof Schulte, who had overseen Germany’s Financial Intelligence Unit (FIU) since 2018, stepped down Thursday (Dec. 15) following the...

Online car-buying platform Cazoo has sold its Spanish subscription business. In a Thursday (Dec. 15) press release, the U.K.-based online auto seller announced that it has sold Swipcar to Renting Finders. The financial...

GoLogiq and GammaRey have merged to access the $500 billion Gen Z wealth management market. The two FinTechs announced the deal Thursday (Dec. 15), with GoLogiq, a consumer data platform, acquiring GammaRey, a financial...

Uber Eats and Cartken have partnered to enable food delivery by robots in Miami.  The instant delivery firm and the robotics company began operating this service with select merchants Thursday (Dec. 15) and plan to...

BigCommerce Holdings has begun to restructure its business and lay off 13% of its workforce. The open software-as-a-service (SaaS) eCommerce platform said in a Thursday (Dec. 15) press release that it will focus its...

The UAE’s Instant Payment Platform (IPP) will launch in the first quarter of 2023. The latest announcement on the IPP, which had initially been slated for an October launch, was made in a statement from the Central...

Oscar de la Renta is using Amazon rather than fashion weeks for customer acquisition. The New York-based luxury fashion house has found that by streaming a show on the eCommerce site and displaying its goods at...

Federal prosecutors have charged six men with waging a DDoS attack wave on websites worldwide. DDoS stands for “distributed denial-of-service,” or attacks that bombard targeted computers with information, blocking...

H&M’s struggles continued this week with sales figures suggesting increased pressure from fast-fashion rivals. The Swedish retailer said Thursday (Dec. 15) that net sales for its fourth quarter were up 10%, and up...

Singapore’s Grab Holdings wants to cut costs for its ridesharing app/food delivery service. A report Thursday (Dec. 15) by Reuters outlines the cost-cutting measures, which come amid ongoing struggles for the delivery...

International money transfer company Wise has launched a new savings product. Launched in the U.K. on Thursday (Dec. 15), the new “Interest” product lets Wise Assets customers in the U.K. earn interest on their...

A new Walmart app feature lets customers fulfill orders by texting the grocery giant. Unveiled Wednesday (Dec. 14), Walmart's Text to Shop service is rolling out as retailers look to meet the needs of consumers who want...

OpenBOM and ManuFuture want to give mechanical custom parts manufacturing a digital makeover. OpenBOM, a digital product data management platform, announced Wednesday (Dec. 14) it was working with ManuFuture, a...