PYMNTS

The rise of consumer-permissioned data in the U.S. promises to expand the credit landscape. And for the “connectors” and the “collectors” of that data — which includes bank account level information that helps would be lenders follow the money, we’re seeing the emergence of new business models.

Consumer-Permissioned Data Expansion Gives Rise to New Data Brokers

WhatsApp introduced artificial intelligence tools designed to help businesses use the app to sell products and services. The tools on the Meta-owned messaging and Voice over Internet Protocol (VoIP) app enable businesses to use AI to answer questions commonly asked by shoppers, to create ads to run on the Meta-owned platforms Instagram or Facebook, and to follow up with customers to remind them that they left an item in their cart or to offer them a discount on a purchase they have been considering, WhatsApp said in a Thursday (June 6) blog post.

WhatsApp Adds AI Tools for Businesses

TymeBank is reportedly trying to raise at least $100 million to expand in its home country. “In South Africa, we want to be the fastest-growing bank,” CEO Coen Jonker said, per a Thursday (June 6) Financial Times (FT) report. “We want [to] be in the top three in customer numbers and from a return on equity perspective. Initial engagement with investors [has] encouraged us to consider raising a larger round to enable the group to accelerate the pursuit of further attractive opportunities that we currently see in the industry.”

TymeBank Aims to Raise $100 Million to Fund South Africa Expansion

How businesses transact with one another defines the ups and downs of the global economy. After all, commercial relationships sit at the center of commerce — and payments sit at the center of commercial relationships. That’s why the future is being built on more flexible and dynamic B2B relationships...

This Week in B2B: Smarter Treasury, Better Businesses

Newark, NJ

Contributors represent independent, third-party users who have joined our contributor program. Contributors are expected, like all users, to adhere to our community standards.

newsbreak_contributor

This badge represents contributors who have consistently met NewsBreak's standards for quality, along with adhering to all policies, requirements, and editorial guidelines.

certified_community_voice

Morristown Minute

MORRIS COUNTY, NJ - Nine individuals have been arrested for their alleged involvement in a drug trafficking organization operating in Newark, distributing fentanyl, heroin, cocaine, and methamphetamine, U.S. Attorney Philip R. Sellinger announced today.

16 Arrested in Major Drug Bust: Meth, Cocaine, Fentanyl & Heroin

Lexington, KY

The Lexington Times

Federal authorities recently employed an unconventional yet effective method to link an alleged Lexington drug trafficker to a fentanyl stash house. A plea agreement, filed Wednesday in the United States District Court for the Eastern District of Kentucky, details the elaborate investigation that culminated in the arrest and subsequent guilty plea of a key individual. A key piece of evidence in the case? The defendant's DoorDash order history.

Plea agreement: Feds used DoorDash app to link Lexington drug trafficker to stash house

North Carolina State

Town Talks

According to a report by Safewise, the latest state of safety survey, a recent survey shows that 50% of North Carolinians are worried about their safety, compared to 47% of Americans overall. This concern is likely due to high levels of property and violent crimes in the state. North Carolina ranks fourteenth in the country for these types of crimes, adding to residents' fears.

The 10 Safest Cities in North Carolina for 2024

Bergen County, NJ

NEWARK, N.J. – Today, U.S. Attorney Philip R. Sellinger announced the arrest of four individuals from Bergen County, implicated in a drug trafficking organization responsible for distributing substantial quantities of heroin in Newark.

Major Drug Trafficking Bust: 4 Arrested in Bergen County

Massachusetts State

Scituate, MA

Dianna Carney

The Scituate Animal Shelter of Massachusetts recently shared a heartwarming story about Declan, a joyful, fluffy fellow who has sadly lost his owner and is now looking for a new loving home.

Meet The Happy Little Dog Who Lost His Owner Now Looking For Love

Tennessee State

The number of initial claims for unemployment insurance increased by 8,000 during the week ended Saturday (June 1), showing that the labor market is returning to pre-pandemic conditions. The total of 229,000 initial claims filed during the week was up from the previous week’s revised figure of 221,000, the Department...

Initial Unemployment Claims Increase by 8,000 as Labor Market Cools

Ali Carney, 46, of Newark, received a 65-month prison sentence for conspiring to distribute narcotics, including fentanyl and heroin, and possessing with intent to distribute fentanyl, according to U.S. Attorney Philip R. Sellinger.

Gang Member Sentenced to 65 Months for Drug Trafficking

Hayward, CA

Alameda County, CA

Golden Gate Media

The Alameda County Sheriff's Office (ACSO) revealed that a convicted felon on federal probation, faced federal charges for a January 2024 stabbing after local progressive district attorney Pamela Price's office declined prosecution for a violent stabbing that nearly killed a man.

Hated California DA refused to charge accused attempted murderer; Sheriff turned to Feds for justice

Kansas City, MO

Cats of Kansas City

Another month, another clowder of cute cats. All of these guys and gals are available from local, Kansas City shelters. Just use the provided links to get in touch with their respective shelters.

Five adoptable cats for June that will make you swoon

Cape May, NJ

Somers Point, NJ

Austin T. Mahan misused USPS credit cards for personal purchases totaling over $54,000. Austin T. Mahan, 44, of Cape May Court House, New Jersey, pled guilty today to misappropriating postal funds, U.S. Attorney Philip R. Sellinger announced. Mahan admitted to the charge before U.S. District Judge Christine P. O’Hearn.

Postal Supervisor Embezzles $54K in USPS Funds

Parris Island, SC

Explore Beaufort SC

Marine Corps privates Jamil Winston Jr. and JuliMarie Winston are married Marines. The husband and wife have proved that the couple that trains together can stay together. Both graduated on May 17th from boot camp at Marine Corps Recruit Depot Parris Island, just in time for their first wedding anniversary coming up in June.

Married Marines graduate from Parris Island together

Northern Kentucky Tribune

U.S. Senate Republican Leader Mitch McConnell (R-KY) delivered the following remarks Monday on the Senate floor regarding Iran:. “Last night, Iran confirmed that its president and foreign minister died in a helicopter crash. The condolences from sympathetic regimes were swift.

Opinion – Sen. Mitch McConnell: Untimely death of president of Iran does not change regime’s threats

Missouri State

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

NEWARK, N.J. – Edgar Ruiz-Gomez, a Colombian citizen, admitted to conspiring to import hundreds of kilograms of cocaine into the United States from Colombia, Venezuela, and the Dominican Republic, U.S. Attorney Philip R. Sellinger announced today.

Colombian National Admits Role in Major Cocaine Importation Scheme

Georgia State

The Current GA

Georgia voters kicked out incumbents, picked replacements for departing legislators and set the stage for June runoffs as well as the big show in November. Ballot casters up and down the Peach State made choices Tuesday that are already set to reshape the state Legislature, which could have an even greater effect on the average Georgian than who sits in the White House this time next year.

Voters deliver upsets in Georgia House races with other contests headed to a June runoff

Grapevine, TX

Walmart has begun rolling out digital shelf labels (DSLs) in its stores. Following a test at the retailer’s location in Grapevine, Texas, the technology will be expanded to 2,300 stores by 2026, Walmart said in a Thursday (June 6) blog post. The DSLs, developed by VusionGroup, replace paper price...

Walmart to Replace Paper Price Tags With Digital Shelf Labels

NewsBreak

Klarna Reports Internal AI Assistant Answers 2,000 Employee Questions Daily

Klarna reported that over 87% of its employees across the company are now using generative artificial intelligence in their daily work. The global payments network and...

Klarna Reports Internal AI Assistant Answers 2,000 Employee Questions Daily

Comments / 0