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- Coupang Makes Billion-Dollar Apology After Record Data BreachSouth Korean retailer Coupang is preparing to compensate customers impacted by a massive data breach. The eCommerce company will begin offering vouchers worth up to 55,000 won ($38) to each of its 33.7 million customers whose personal information was compromised by last month’s cybersecurity incident, the company said in a Monday (Dec. 29) news release. The release […] […]
- AI Firms Build $150B Funding FortressSilicon Valley’s AI startups have reportedly raised a record $150 billion this year. As the Financial Times (FT) reported Sunday (Dec. 28), it’s part of an effort by these companies to protect themselves in case the boom in artificial intelligence (AI) investment fizzles next year. The report, citing data from Pitchbook, shows that this […] […]
- Why the Old Fraud Playbook Is Failing in the Age of AI CommerceWatch more: Need to Know With Spreedly’s Adam Hiatt Conveniences can come with a cost. And that cost, at least across digital commerce, is that it grows the attack surface for fraud. The result is a familiar paradox: The more seamless the customer journey becomes, the more opportunities exist to exploit it. There are […] […]
- Checkout Becomes the New Battleground for Loyalty DollarsWatch: How Smart Basket Redesigns the Economics of Loyalty Brands and merchants are competing for consumer attention in an environment flooded with offers, ads and incentives. Loyalty programs remain a core strategy, but the challenge is no longer whether to invest in loyalty. It is whether that investment actually reaches the consumer it is […] […]
- AI Moves Manufacturing From Automation to AutonomyTake a look at the agenda for the upcoming Consumer Electronics Show if you want to see where agentic AI is headed. Said agenda is loaded up this year with keynotes and use cases from the manufacturing sector. While consumer-facing use cases get a lot of the headlines, the manufacturing sector could be the key […]
- Indictment in the Small Business Finance Industry’s “Long Running Mysterious Fraud”There has been a major break in the case of the industry’s Long Running Mysterious Fraud, an indictment. Less than a year after deBanked ran a story about a sophisticated scheme employed to steal millions from merchants, funders, and lenders through a network of stolen identities and cryptocurrency exchanges, a criminal complaint was quietly filed […]
- Brokers and Funders – Are You Ready for Changes to California Law Effective January 1, 2026?Bob Gage is a partner in Hudson Cook, LLP’s Michigan office. Kate Fisher is a partner in Hudson Cook, LLP’s Maryland office. https://www.hudsoncook.com/ California has a new law, California S.B. 362, impacting how brokers and funders communicate with merchants starting on January 1, 2026. The new law adds provisions to California’s Commercial Financing Disclosures Law […]
- How Daniela Cano and Nicole Paliobeis Originate More than $100 Million in Funded Deals a YearDaniela Cano and Nicole Paliobeis account for $10 million in revenue-based financing volume every month at Spartan Capital. That’s $120 million annualized. As the top two ISO relationship managers in the company out of eight total, Cano and Paliobeis operate in one of the most pivotal roles in the industry. “It’s extremely fast paced, not […]
- Frankie DiAntonio Announces the Launch of The Lexington Foundation, a New Nonprofit Dedicated to Supporting Families in NeedMiddle Country, NY — Frankie DiAntonio, Founder and CEO of Lexington Capital Holdings and Lexington Estates, today announced the official launch of The Lexington Foundation, a nonprofit organization created to support families in need, beginning in his hometown of Middle Country and expanding globally as the foundation grows. The Lexington Foundation represents a deeply personal […]
- Donald Cosenza, CLFP Joins Maxim Commercial Capital as SVP, Business DevelopmentProven specialty finance executive fills new position to support corporate growth LOS ANGELES, CALIF. (Dec. 16, 2025) – Maxim Commercial Capital (“Maximâ€�) is pleased to announce Donald S. Cosenza, CLFP, has joined the company as Senior Vice President, Business Development. Cosenza brings more than 25 years of senior-level sales and marketing experience at national financial […]