Revolut Tops $1 Billion in Profit
Revolut, a United Kingdom-based fintech company, announced on Thursday, April 24, that its annual profit exceeded the $1 billion mark for the first time.
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EBay Launches Klarna BNPL Services for US Consumers
Consumers in the United States can now use the Buy Now, Pay Later (BNPL) service on eBay.
FBI Says Cybercrime Costs Increase
Last year, cybercrime of all kinds caused more than $16 billion in total damage to victims around the world, according to data published on Wednesday, April 23, in a report from the United States Federal Bureau of Investigation (FBI).
Chinese E-Commerce Platforms Reportedly to End Refund-Without-Returns
The media, citing insiders, published information according to which the Chinese authorities have asked e-commerce platform operators to stop insisting that merchants refund customers without requiring the return of goods.
TD Bank to Open AI Center
TD Bank Group will open a new office in New York City for its artificial intelligence research and development center, Layer 6, in the current year.
EU Hits Meta and Apple With Nearly $800 Million in Fines
The European Union on Wednesday, April 23, fined Meta and Apple hundreds of millions of euros each for breaching the region’s legislation on digital competition.
Credibly Introduces AI Solution for Lending
Credibly is to enhance its AI-driven offering for small businesses with the launch of a new lending platform, Credibly.ai.
GreenFi Launches to Combine Personal Finance With Climate Care
After the 2024 asset buyout, the former Aspiration’s consumer fintech division re-launches as a climate-friendly banking startup, GreenFi.
OpenAI Expresses Interest in Buying Google Chrome
If Google has to sell Chrome as a result of the ongoing antitrust trial, OpenAI’s head of product told the judge that the company would be interested in purchasing the browser.
MoneyHero Enables Direct Car Insurance in Hong Kong
MoneyHero customers in Hong Kong can now directly complete their end-to-end car insurance purchase journey on the personal finance aggregation and comparison platform.
Wells Fargo Says Amazon Pauses Some Data Center Lease Commitments
Wells Fargo analysts reported last Monday, April 21, that Amazon delayed some commitments to lease new data centers, which is the latest sign that economic problems may become an impact factor on technology companies’ spending plans.
CompoSecure Launches Wallet Integration With MoneyGram
CompoSecure, a payment card and security solutions provider, has announced the integration of its Arculus Cold Storage Wallet with MoneyGram Access.
Dubai’s Du Announces Hyperscale Data Center Deal With Microsoft
The Emirates Integrated Telecommunications Company PJSC (du) on Tuesday, April 22, announced a 2 billion dirhams ($544.54 million) hyperscale data center deal with Microsoft.
Gold Surges to New Record High
The price of gold on Tuesday, April 22, reached a new record high amid scaling and increasing concerns related to the intention of the President of the United States Donald Trump to oust Federal Reserve Chairman Jerome Powell.
Kenya Enters the Digital Asset Era with Launch of KDX by DeFi Technologies, SovFi, and NSE
Kenya Digital Exchange (KDX) will enhance the country‘s financial market infrastructure by offering a secure and fully regulated way to tokenise real-world assets.
S&P Global Makes Commodities Data AI-Ready with Microsoft 365 Copilot
The S&P Global AI tool on Microsoft 365 Copilot uses knowledge from S&P Global Commodity Insights, a top source for information and prices in the commodities and energy markets.
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