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The latest global news and analysis in payments, retail, fintech, financial services and the digital economy.
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News
Restaurant Platforms Make Embedded Finance Part of Daily Operations
2+ mon, 6+ hour ago (515+ words) platform is treating capital as part of routine business management rather than as a one-time response...allowing restaurant operators to manage another business function without leaving the platform. The company...capabilities by extending the platform’s role beyond commerce execution into…...
Small Business Owners Facing 114% Spike in Health Costs
10+ mon, 2+ day ago (378+ words) For small business owners, the Affordable Care Act (ACA) is about to become less affordable....Bloomberg News reported Tuesday (Nov. 11), small business owners and their employees, as well as self-employed...become law. Bloomberg spoke with several small business owners who…...
Recovery Firms Accused of Exploiting Class Members in Generic Drug Price-Fixing Case
10+ mon, 1+ day ago (420+ words) Plaintiffs in a major antitrust lawsuit involving generic drug pricing have urged a federal judge to intervene against what they describe as deceptive marketing efforts by certain claims recovery firms. According to Reuters, the plaintiffs allege that these firms have…...
Utah Reaches Antitrust Settlement With Sandoz Over Generic Drug Pricing
8+ mon, 3+ week ago (571+ words) Utah regulators have reached a settlement with global pharmaceutical company Sandoz Inc. in a lawsuit alleging anticompetitive conduct in the generic drug market, marking another step in a multistate effort to address rising prescription drug costs. The Utah Department of…...
Solana Simplifies Blockchain for Enterprises and Financial Institutions
5+ mon, 2+ week ago (338+ words) Solana Foundation has launched a developer platform designed to make it easy for enterprises and financial institutions to build and launch financial products on the Solana blockchain. SDP’s three core modules include an issuance module that enables users to issue…...
Trump Announces New Drug Pricing Deals With Major Pharmaceutical Companies
8+ mon, 3+ week ago (585+ words) “American drug prices will come down fast and furious, and will soon be among the lowest in the developed world,” Trump said during an Oval Office event announcing the deals. The companies newly signing on include Roche Holding AG’s Genentech…...
UnitedHealth’s AI Bet Paid Off. Now It Is Selling the Playbook
1+ mon, 4+ week ago (280+ words) Conway also noted that AI is helping nurses summarize complex patient cases 40% faster. Enhanced care transition support has driven a 10% reduction in hospitalizations in the Western and Southern regions since late last year. Home health pilots have cut readmissions and…...
WEX and Health-E Commerce Team to Ease HSA and FSA Reimbursements
8+ mon, 1+ day ago (460+ words) Consumer health and wellness online retailer Health-E Commerce has launched a partnership with WEX. This collaboration will integrate the company’s FSA Store (flexible spending account) and HSA Store (health savings account) offerings into the WEX benefits portal, the companies said…...
65% Call Insurance Essential. Why Most Spending Isn’t So Clear-Cut
4+ mon, 3+ week ago (1327+ words) Picture two families living four miles apart in the same mid-sized American city. Both earn about $85,000 a year. Both have two kids in elementary school. On paper, they are demographic twins. Same line item. Same income. Same city. One household…...
UnitedHealth Spends $1.5 Billion on AI and Wants Double Back
4+ mon, 3+ week ago (914+ words) by 50% for rural hospitals across all lines of business. The company is also exempting rural providers...