December 7, 2022
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The Commonwealth Bank has sharpened its attack on National Australia Bank’s title as the country’s leading business bank, launching a suite of new merchant products and declaring its services now lead the pack. CBA’s general manager of merchant solutions Karen Last declared CBA was now Australia’s leading business bank, despite NAB still retaining the largest market share, according to recent...
Amazon is touting the success of small sellers on its platform through the pandemic — and warning that antitrust legislation could jeopardize that success and blow up its open-marketplace model. Why it matters: As online shopping became a lifeline for both businesses and consumers during the pandemic, Amazon reaped big benefits, but also saw its regulatory risk grow. Driving the news: In a...