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CVS Health Unveils Atlanta HealthHUBs; Target’s Digital Sales Rise Despite Slow Growth

PYMNTS

Retailers are aiming to help consumers manage chronic diseases as well as their overall health and wellness through new brick-and-mortar experiences.

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Today In B2B: NeweggBusiness Adds Payment Terms; Deutsche Expands Cash Management Business

PYMNTS

Today In B2B payments, NeweggBusiness integrates business financing and payment terms via Behalf, while Deutsche Bank expands its cash management offering into Australia. Deutsche Bank Debuts Cash Management In Australia. Plus, GE shutters its staff audit program, and Park Place Payments partners up for small business B2B payments.

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50% of Bank of America transactions are contactless, leader says

BankInovation

ATLANTA — Contactless transactions saw a boost amid the pandemic and contactless payments are here to stay as adoption continues to tick up, according to Bank of America. “We We look at a lot of data … the latest trends when it comes to consumers,” Juan Garrido, managing director and head of global banking merchant product […]

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SEC: Ex-Equifax Manager Guilty Of Insider Trading

PYMNTS

The Securities and Exchange Commission (SEC) announced it has charged a former Equifax manager with engaging in insider trading before the company announced its massive data breach last year. Best, Regional Director of the SEC’s Atlanta Office. This is the second case the SEC has filed in the aftermath of the breach.

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AI Regulations for Financial Services: Federal Reserve

Perficient

Federal Reserve The largest of the federal banking agencies, the Federal Reserve has four regional federal reserve banks (Atlanta, Boston, New York and San Francisco) set up offices to study financial innovation with AI. Implementation of Risk-Management Practices and Termination of Noncompliant AI AI policy and review process.

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Perficient Names Five Area Vice Presidents, Expands Executive Leadership Team

Perficient

Perficient’s AVPs represent a cross-section of the firm’s end-to-end digital consulting portfolio, and will provide leadership and strategy for areas including management consulting, cloud platform solutions and integration technologies, custom software development and mobile solutions, and optimized global delivery capabilities.

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FTC files administrative complaint against marketer of fuel cards as strategy for addressing SCOTUS AMG Capital Management decision

CFPB Monitor

The complaint’s allegations mirror those in the lawsuit filed by the FTC against the respondents in 2019 in an Atlanta federal district court. Supreme Court ruled in AMG Capital Management LLC v. The FTC brought the 2019 lawsuit under Section 13(b) of the FTC Act and the relief sought included restitution, refunds, and disgorgement.

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