OMNI Retail Enterprises (OMNI), operator of a portfolio of lifestyle digital storefronts and communities covering home decor, apparel, health & wellness products, fitness & educational and more, named retail industry insider Sharon M. Leite CEO. Leite is charged with revitalizing OMNI’s iconic brands, which include Bodybuilding.com, Pier 1 Imports, Dress Barn, Mentorbox.com and others, into omni-channel powerhouses.

OMNI Retail Enterprises Names Industry Leader Sharon M. Leite CEO

Nexi, the leading PayTech in Europe, has signed a new collaboration with Amazon.it, enabling customers to make purchases using Bancomat Pay. Through the collaboration, Nexi becomes a technical provider for Amazon.it, making its technology platform available to the e-commerce site. The agreement offers Amazon.it customers more choice at checkout, guaranteeing them an additional, convenient, simple and secure payment method.

Nexi Expands Payment Choice for Amazon.it Customers

Noda is expanding its open banking network to Brazil. The global open banking and payments provider, Noda, already operates in Europe, the UK and Canada. Merchants that partner with Noda from any jurisdiction can now access cross-border multichannel payment services, unified reconciliation, single onboarding process, and instant banking and money transfers across Brazil, Europe, the UK and Canada. The expansion enhances the convenience for merchants, enabling them to conduct business seamlessly across different regions.

From Europe to Brazil: Noda’s Latest Expansion Unlocks New Opportunities for Merchants

In line with the latest payment technologies and to enhance the customer experience, Kuwait Finance House (KFH) has launched a new digital service called (WAMD). This service allows customers to send and receive money instantly and for free using their mobile numbers, 24/7. KFH cements its digital leadership by launching...

KFH Launches (WAMD) for Sending and Receiving Money via Mobile Number

Kentucky State

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Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

The European Central Bank (ECB) has published its first progress report on the digital euro preparation phase, which was launched on 1 November 2023 with the aim of laying the foundations for the potential issuance of a digital euro. The report outlines the progress made on key digital euro design...

ECB Publishes First Progress Report on Digital Euro Preparation Phase

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

Ever smarter IoT platforms are helping businesses transform, Paul Milligan speaks to Matthew O’Halloran from Smart Spaces to find out more. With a background in providing software and app design for the property industry back to the company’s formation in 2010, it was when they were developing a booking system for Marriott Hotels in 2017 that brothers Dan and Tom Drogman recognised a need for workplaces that emphasised sustainability and wellness within the office. Their solution was the IoT platform Smart Spaces, which is capable of connecting occupiers to their building systems.

Smart IoT platforms are the key to digital transformation

Georgia State

Reuters

(Reuters) - Just weeks after a U.S. appeals court blocked a Black-owned venture capitalist from funding women-of-color-led businesses, the ruling has had a chilling effect across the small industry of diversity-focused venture capital funds, according to founders, investors and lawyers who spoke to Reuters.

US court decision casts shadow on diversity venture capital funding

Secretary of State Antony Blinken said the State Department has established a “central hub” for all artificial intelligence technologies. AI.State is “a home for all of our internal State Department AI tools – libraries of prompts and use cases,” Blinken, a previous Wash100 awardee, said at an event Friday in Washington, D.C.

Antony Blinken: State Department Launches ‘Central Hub for All Things AI’

Allica Bank has partnered with leading title insurance provider Westcor International to introduce their Perfect Title insurance product across its commercial mortgage range from 1st July 2024. The move will help to significantly reduce lending times for new property purchases up to a maximum value of £1.5 million with an...

Allica Bank Partners with Westcor International to Launch Title Indemnity Insurance and Cut Application Times

Wheels, a fleet management company in North America, received a significant minority investment from Marubeni and Lithia & Driveway. The strategic investment aligns Wheels with notable players in the mobility space as it continues to innovate, building upon its best-in-class product offerings to corporate clients. As an investor in Wheels...

Marubeni and Lithia Make Strategic Investment in Wheels, Partnering with Apollo Funds

Pomelo Group is proud to announce the endorsement of leading Fintech experts from Mastercard and the law firm Wilson Sonsini Goodrich & Rosati, as it launches its new Advisory Board. Pomelo, the Singapore-based payment infrastructure platform that enables financial institutions to offer modern payment solutions to their end users, today appointed Mr Joshua Kaplan, a partner at the law firm Wilson Sonsini Goodrich & Rosati and formerly COO of Checkout.com, and Mr Sapan Shah, Senior Vice President of Mastercard and Head of Acceptance Asia Pacific to the Advisory Board. In this capacity they will advise the leadership team of Pomelo on strategic decisions as well as Product, Customer and Partnership initiatives.

Mastercard and Wilson Sonsini Fintech Experts to Join Pomelo Group Advisory Board

New Jersey State

Morristown Minute

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

Gloucester County, NJ

Franklinville, NJ

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

BlackRock, Inc. (NYSE: BLK) has agreed to acquire Preqin, a leading independent provider of private markets data for £2.55 billion or approximately $3.2 billion in cash. Bringing together Preqin’s data and research tools with Aladdin’s complementary workflow capabilities in a unified platform will create a preeminent private markets technology and data provider. The acquisition adds a highly complementary data business to BlackRock’s investment technology, marking a strategic expansion into the fast-growing private markets data segment.

BlackRock to Acquire Preqin, Leading Private Markets Data Solutions Provider

Los Angeles, CA

L.A. TACO

The streets of MacArthur Park were alive with the energy of L.A.'s Mexican community on Sunday. In a grand display of civic duty, Mexican citizens living in Los Angeles flocked to the Mexican Consulate, eager to cast their historic vote.

Thousands Line Up at L.A.’s Mexican Consulate To Cast Their Historic Vote for Mexico’s First Woman President

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

Fortune

Alibaba's stand at the World Artificial Intelligence Conference in Shanghai on July 6, 2023. China’s chip industry may have found a way to make an advanced chip that can power a 5G smartphone, but it can’t yet make a chip powerful to run AI applications. And that dependence on chip imports, restricted by a U.S. ban, could now be putting China’s tech sector at a disadvantage in the race to dominate AI.

China’s AI companies are reportedly rationing the use of their services because they don’t have enough chips

The economic landscape and activity in the moldmaking community are always changing, making it vital that mold builders persistently seek new and improved technologies and services while understanding the costs and potential benefits associated with each potential investment. This pursuit revolves around enhancing operations, boosting efficiency, aligning with mold complexity,...

Your Central Hub for Moldmaking Solutions

NewsBreak

Rainforest Accelerates Growth With $20M Series A

Rainforest has closed a $20M Series A led by Matrix Partners, with participation from existing investors including Accel, Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square...

Rainforest Accelerates Growth With $20M Series A

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