Asia Investors Sue Switzerland Over Bank Collapse
Asian investors have joined international lawsuits against the Swiss government in connection with its actions to take over Credit Suisse bank.
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Brazil Pilots CBDC in Stores
Central Bank of Brazil is ready to start trials of its proposed CBDC across various use cases including in-store and offline NFC payments
Maximizing the Power of Your Financial Power of Attorney
A Financial Power of Attorney (FPOA) is an essential legal document that allows an individual (the principal) to appoint someone they trust (the agent or attorney-in-fact) to manage their financial affairs in the event they become incapacitated or unable to make decisions for themselves.
Bitdeer and Bhutan Investment Arm Launch Sustainable Digital Asset Mining
The upcoming carbon-free digital asset mining operations in Bhutan complement Bitdeer’s international expansion, with existing data centers in Northern Europe and North America
Coinbase Gives Up On Bitcoin-Backed Loans
Coinbase stopped issuing new Bitcoin-backed loans through its Borrow service, which allowed users to borrow up to $1 million with no credit check The crypto exchange Coinbase informed its customers that starting May 10, 2023, the company terminates its Coinbase Borrow service which allowed US users to receive fiat loans with crypto collateral. The lending feature […]
PacWest Bancorp Reportedly Considers Sale
The media reports that PacWest Bancorp, which is in a difficult situation, is considering selling, breaking up, or increasing its capital.
Lemonade Expects Generative AI to Improve Business Processes and Profits
Lemonade Insurance company expects that with the help of generative artificial intelligence, it will automate and improve its business processes.
Google Adds Passkeys as Option for Accounts
Users of Google accounts have been able to log in without a password.
Meta Vows to Fight as FTC Proposes New Privacy-Related Restrictions
The Federal Trade Commission (FTC) has proposed several restrictive measures against Meta.
TikTok Upgrades Pulse With Premium Ad Options
First unveiled a year ago, the TikTok Pulse advertising option gets a new upgrade giving advertisers a chance to put their branded videos next to “premium publisher content”
Mastercard Digital Doors Program Launches to Help SMBs Enhance Digital Marketing
New partnerships within the Mastercard Digital Doors Program will enable small businesses to enhance their digital marketing and analytics processes, as well as optimize payments and business operations
Western Union Sees Digital Transactions Grow
Western Union reported an increase in the number of digital transactions.
Mavenir Raises $100 Million
Mavenir, a company that specializes in open radio access networks and related services for 5G networks, announced that it managed to attract investment funds for $100 million.
Mozilla Buys Startup Fakespot
Mozilla on Tuesday, May 2, announced the acquisition of the startup Fakespot.
Starbucks’ US Loyalty Membership Increases 15%
The Starbucks loyalty program demonstrates growth in not the most favorable conditions for activating positive trends.
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