PYMNTS

Automated billing and payment solution provider FlexPoint launched a collaboration with cloud commerce marketplace Pax8. The partnership brings FlexPoint’s financial platform to the Pax8 Marketplace, according to a Thursday (June 27) press release. FlexPoint’s offerings are designed to streamline billing operations, enhance cash flow, and automate financial processes for...

FlexPoint Launches Automated Billing Partnership With Pax8

The Securities and Exchange Commission (SEC) sued Consensys Friday (June 28), charging the blockchain and Web3 software company with engaging in the unregistered offer and sale of securities and with operating as an unregistered broker. These charges center on two services offered by Consensys Software: MetaMask Staking and MetaMask Swaps,...

SEC Charges Web3 Firm Consensys With Unregistered Sale of Securities

Credit union service organization Velera is rolling out a new onboarding and project management platform. Formerly known as PSCU/Co-op Solutions, Velera said in a Thursday (June 27) news release that the new platform offers credit unions more transparency and better collaboration and lays a foundation for future generative artificial intelligence integration.

Velera Launches Project Management Platform for Credit Unions

Dubai-based FinTech Comfi reportedly secured a $5 million debt facility to expand its B2B payment platform and support its launch of an embedded buy now, pay later (BNPL) solution. The funding will also facilitate $40 million in B2B transactions across the United Arab Emirates and Saudi Arabia over the next...

Comfi Secures $5 Million Debt Facility to Expand B2B Payments

Cryptocurrency firm Abra and its CEO and largest equity owner Bill Barhydt have reached a settlement with 25 state regulators. The settlement follows the states’ finding that Abra and Barhydt operated a mobile app for buying, selling, trading and investing in crypto without receiving the required state licenses, the Conference of State Bank Supervisors (CSBS) said in a Wednesday (June 26) press release.

Crypto Firm Abra Settles States’ Charges of Operating Without Licenses

FedEx is reportedly expected to spin off its Freight unit after it conducts an assessment of the future of that business unit. The company’s Freight unit, which is the largest operator in the less-than-truckload (LTL) sector, could bring a windfall to FedEx shareholders if it were spun off as a separate publicly traded company, The Wall Street Journal (WSJ) reported Wednesday (June 26).

Experts Expect Spinoff as FedEx Considers Future of Freight Unit

California State

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Alameda Post

California regulators just stopped AT&T from pulling the plug. California’s Public Utilities Commission on June 20 rejected AT&T’s application to stop providing landlines and other services in areas where there is no other option.

Still Need Your Landline?

Missouri State

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CJ Coombs

The first time my family walked into a Ponderosa Steakhouse was in the late 1960s. It was new and the experience was great. Like other new restaurants, if the management doesn't stay on top, the quality of service can decline. The location we went to did change through the years, but in the beginning, it was great.

The 1960s: the Ponderosa and Bonanza Steakhouses are still around in some states

The Center for Investigative Reporting (CIR), the nonprofit news organization that produces Mother Jones and Reveal, has sued OpenAI and that firm’s largest shareholder, Microsoft. CIR’s lawsuit alleges that the companies committed copyright violations, the nonprofit said in a Thursday (June 27) press release. “OpenAI and Microsoft started...

OpenAI, Microsoft Face Copyright Lawsuit by Mother Jones Publisher CIR

According to Shakey's website, this pizza parlor is only in California, North Carolina, and Washington state in the U.S. now. This was my family's go-to pizza joint when my father was stationed with the Air Force outside of Omaha, Nebraska. We liked it so much, that when we were transferred again, it was hopeful we'd find another one.

Shakey's Pizza Parlor and nostalgia: the first franchised pizza restaurant also landed in Missouri

Target will reportedly lower the threshold at which store staff can attempt to stop nonviolent theft. In a new guideline expected to be implemented this summer, the retailer has dropped that threshold to $50 from the previous $100, Bloomberg reported Friday (June 28), citing unnamed sources. Asked about the change...

Target to Lower Threshold for Apprehending, Prosecuting Shoplifters

Bryan Lewis, CEO of Intellicheck, has a stark take on just how severe the damage a fraudster can inflict with a few bits of information. “People don’t realize how easy it is to steal your identity. If I can get your social media account or your email, I can change everything about your life,” he told PYMNTS CEO Karen Webster.

The $400 Million Problem: Intellicheck CEO Details the Cost of Fake IDs

Georgia State

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Douglas City, CA

Daily Coffee Press

This afternoon, Kentaiwon Durham, the Douglas City Commissioner of Ward 2, entered a guilty plea for wire fraud in the U.S. District Court for the Southern District of Georgia. Consequently, Durham is mandated to resign from his position as a city commissioner.

Georgia City Commissioner Pleads Guilty to Wire Fraud in $20K PPP Fraud Scheme

Philippine lawmakers reportedly approved a bill that would tax foreign digital services, including streaming services like Netflix, HBO and Disney+. Having passed both the Senate and the House of Representatives, the bill will become law if signed by President Ferdinand Marcos Jr., Bloomberg reported Friday (June 28). The bill would...

Streaming Services Face Proposed New Tax in Philippines

Walmart-owned Indian eCommerce firm Flipkart has launched a Unified Payments Interface (UPI) payment app that offers up to 5% cashback on purchases. The new super.money app is available on the Google Play store. “Unlike other UPI apps, we’ll never offer you useless coupons, scratch cards or coins,” the company said...

Flipkart Launches UPI Payment App Offering Cashback Rewards

Grocery chain Publix is the latest company to bring healthcare to the retail space. The company’s customers can now access virtual care services through digital healthcare firm WellSync, according to a Tuesday (June 25) press release. After filling out an online health questionnaire, customers can seek care from licensed...

Publix Debuts Virtual Care Services via WellSync

Can the angle at which you hold your phone help your bank protect against scams?. National Australia Bank seems to think so. Speaking during the Australian Banking Association Conference in Melbourne Wednesday (June 26), CEO Andrew Irvine said the lender introduced more “friction” to payments processes and new predictive protection tools to spot scammers, Bloomberg reported.

Australian Bank Spots Scams via How Users Hold Their Phones

Amid news that the U.S. job market is cooling, first-time unemployment claims are up and 64% of Americans now live paycheck to paycheck, comes this finding: One-quarter of those Americans earning more than six figures a year work side hustles to generate extra income. But it’s not just high earners...

25% of High-Income Consumers Work Side Hustles

Clark County, WA

Timothy A Gruver

Dentist Ellis B. Jardine of Clark County has been suspended for allegedly practicing outside the scope of his licenses and subpar care, the Washington State Department of Health reported on Friday.

Dentist Suspended for Subpar Care & Unlicensed Practices

Gloucester County, NJ

Franklinville, NJ

Morristown Minute

FRANKLINVILLE, N.J. -A Gloucester County, New Jersey, man admitted today that he defrauded the government of more than $200,000 in Social Security and Medicaid benefits, U.S. Attorney Philip R. Sellinger announced.

Man Guilty of $200K Social Security & Medicaid Fraud

NewsBreak

One Inc Partners With Zurich to Digitize Claims and Payouts

One Inc has teamed with insurer Zurich North America to help digitize claim payments. The insurance industry payments network announced Wednesday (June 26) that Zurich —...

One Inc Partners With Zurich to Digitize Claims and Payouts

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