Banking

Klarna Stock Tumbles After Disappointing Q4 Results

Klarna reports unexpected losses, impacting stock performance and investor sentiment.Highlights: Klarna's stock falls sharply after reporting unexpected Q4 losses.The company's financial performance raised concerns among investors.Klarna's results indicate challenges...

FBI Warns of Surge in ATM Jackpotting Attacks

Recent spike in ATM jackpotting poses risks to financial institutions and customers.Highlights: FBI reports increased ATM jackpotting incidents...

Nvidia Considers $30 Million Investment in OpenAI

Potential investment highlights Nvidia's strategic focus on AI innovation.Highlights: Nvidia is considering a $30 million investment in OpenAI.This...

Forbes Fintech 50 Sees 20 Newcomers Strengthening Financial Inclusion

New entrants highlight AI and innovative business models in fintech.Highlights: Forbes Fintech 50 adds 20 new companies to...

Jump Raises $80M to Boost AI Operating System for Financial Advisors

The funding aims to enhance AI-driven solutions for wealth management professionals.Highlights: Jump raises $80 million in Series B...
spot_img

Goldman Sachs Develops AI Assistant Mimicking Seasoned Bankers

Generative AI Tool Aims to Enhance Efficiency and Decision-Making Highlights:Generative AI Tool: Goldman Sachs is rolling out a generative AI assistant to its employees,...

Tapline Raises €20M in Pre-Series A Funding for AI-Driven SaaS Financing

Berlin-based digital finance platform Tapline secures equity and debt funding to expand across Europe Highlights:€20M Pre-Series A Funding: Tapline, a Berlin-based digital finance platform,...

Capital One Customers Hit by Outage

Technical Issues with Third-Party Vendor Cause Widespread Disruption Highlights:Nationwide Impact: The outage affected thousands of Capital One customers across the US, causing delays in...

Farrier Finance Launches New Product Ratings for Business Bank Accounts

Innovative Ratings Aim to Simplify Business Banking Choices Highlights:New Ratings System: Farrier Finance introduces a new ratings system to help businesses compare bank accounts...

Barclays Research: AI Could Triple US Data Centre Usage by 2030

New Report Highlights Massive Infrastructure Demands and Environmental Impact Highlights:Projected Growth: AI could drive US data centre usage to triple by 2030, from 150-175...

UK Green Fintech Tred Winds Up Amid New Fraud Reimbursement Rules

Leeds-based Tred Closes Down After Four Years, Citing Financial Strain from APP Fraud Regulations Highlights:Tred's Mission: Launched four years ago, Tred aimed to help...

Digital Currency Group Settles SEC Charges with $38 Million Payment

Firm Agrees to Pay Fine Over Misleading Investors About Genesis Collapse Highlights:$38 Million Fine: Digital Currency Group agrees to pay $38 million to settle...

Amazon to Acquire Indian BNPL Startup Axio

E-commerce Giant Expands Financial Services with $150 Million Deal Highlights:$150 Million Deal: Amazon agrees to acquire Axio for over $150 million. Six-Year Partnership: Amazon...

UK’s Payment Systems Regulator Updates Strategy for Enhanced Competition and Innovation

PSR Focuses on Protecting Users and Advancing Payment Systems Amid Mid-Strategic Plan Review Highlights:Mid-Strategic Plan Review: The PSR reviews its five-year strategic plan halfway...
spot_img