Category: Industry Insights
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Amazon Sued by FTC for Price Inflation, Monolopy in Antitrust Lawsuit — How This Affects You
In a significant move that sends ripples across the American e-commerce landscape, Amazon.com, Inc is in the legal crosshairs once again, facing a substantial antitrust lawsuit that questions its marketplace dominance and business practices. The Federal Trade Commission (FTC), backed by 17 U.S. states, has rolled out a comprehensive legal challenge accusing the online superstore…
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Banks Go Cashless, A Sign of Wider Crypto Acceptance
In a rapidly digitizing world, traditional banking systems are finding themselves at the crossroads of evolution. Macquarie Bank’s recent announcement, intending to transition entirely to a digital-only banking system by November 2024, underscores this global shift. While this move may be seen as a nod towards progress and efficiency, it also sparks significant discussions, especially…
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PayPal Launches Dollar-backed Stablecoin, PYUSD — What Crypto Merchants Need to Know
In an ambitious stride towards harnessing the power of blockchain, PayPal, a leading name in financial services, unveiled its latest digital endeavor: a stablecoin named PayPal USD or PYUSD. This isn’t just any run-of-the-mill crypto announcement. It marks a significant milestone as PayPal becomes the first major American financial institution to launch its own stablecoin…
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Mastercard Bans Debit Cards for US Cannabis Shops, How to Comply without Losing Customers
Mastercard recently made a controversial decision that sent shockwaves through the burgeoning cannabis industry. The global financial giant instructed US-based cannabis shops to cease accepting its debit cards, citing federal laws that still classify marijuana as an illegal substance. The crackdown is instilling fear in cannabis merchants across the US. But what does this move…
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Licensing Business Model: A B2B Revenue Model to Supplement Subscriptions
In the digital era, the subscription business model has become a cornerstone for many companies across industries, providing a predictable, recurring revenue stream and cementing long-term relationships with customers. From streaming platforms to software providers, subscriptions have reshaped how businesses approach customer engagement and revenue generation. But as business landscapes evolve, so do models for…
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