The U.S. Office of Government Ethics (OGE) released a sprawling, 900-page financial disclosure on Tuesday, offering an unprecedented look into the personal wealth and business maneuvers of President Donald Trump. While the document covers the entirety of the President’s vast commercial empire, the most striking revelation is the sheer scale of his foray into the…
By PYMNTS | June 26, 2026 As the initial frenzy of generative AI adoption settles into a phase of pragmatic implementation, a sobering reality is beginning to take hold in corporate boardrooms across the globe. Despite the massive capital expenditure funneled into artificial intelligence pilots over the past two years, a significant majority of enterprises…
FITZGERALD, GA — In a move that significantly reshapes the community banking landscape of the American Southeast, Colony Bankcorp, Inc. (Nasdaq: CBAN) has announced a definitive agreement to acquire First Reliance Bancshares, Inc. (OTC: FSRL). The transaction, valued at approximately $163 million, represents a strategic "transformational merger" that will result in a combined institution with…
By PYMNTS | June 24, 2026 The landscape of digital advertising, long dominated by the duopoly of Google and Meta, is facing a tectonic shift. OpenAI, the startup that fundamentally altered the trajectory of artificial intelligence, has officially signaled its intent to capture a massive slice of the global ad market. By leveraging the unique,…
WASHINGTON — In a climate defined by an intensifying national affordability crisis, a new fiscal alarm is sounding for American households. According to data released this week by the National Consumer Law Center (NCLC), struggling families across the United States paid a staggering $12 billion in overdraft and nonsufficient funds (NSF) fees throughout 2025. This…
BOSTON & WATERBURY – In a move that signals a profound shift in the American financial regulatory landscape, the Office of the Comptroller of the Currency (OCC) has officially greenlit Banco Santander’s $12.3 billion acquisition of Webster Bank. The approval, disclosed in a Tuesday filing with the Securities and Exchange Commission (SEC), marks a pivotal…
By PYMNTS | June 17, 2026 The landscape of American retail and commercial banking is on the cusp of a significant transformation. On June 12, the Office of the Comptroller of the Currency (OCC) granted regulatory approval for the acquisition of Connecticut-based Webster Bank by the global financial powerhouse Banco Santander. This milestone represents a…
By PYMNTS | June 14, 2026 In the high-stakes theater of global technology, few gambles have been as expensive—or as scrutinized—as Meta’s 2025 decision to consolidate its artificial intelligence strategy under the leadership of Alexandr Wang. By integrating Scale AI into its corporate architecture at a cost of $14 billion, CEO Mark Zuckerberg signaled a…
WASHINGTON — June 3, 2026 | In a climate of persistent economic strain, American households are facing a predatory resurgence in banking costs. According to a landmark report released today by the National Consumer Law Center (NCLC), struggling families across the United States were forced to surrender more than $12 billion in overdraft and nonsufficient…
By PYMNTS | June 8, 2026 In a move that signals a significant shift in the landscape of software consolidation, Italian technology powerhouse Bending Spoons has officially filed for an initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). The filing, submitted on Monday, June 8, 2026, marks a watershed moment…
