Ally Sells Credit Card Business to CardWorks
Ally Financial has sold its credit card business to Cardworks, a company that specializes in consumer finance.
News - page 120
Capital One’s Card Purchase Volumes Demonstrate Growth
Last Tuesday, January 21, Capital One published information on the results of its activities for the fourth quarter of 2024.
Goldman Sachs Launches Internal Gen AI Assistant
Goldman Sachs has launched an AI-powered assistant for its employees to enhance wealth management services. The firm hopes this smart tool will absorb Goldman’s corporate culture over the coming years making its assistance akin to the one provided by the company’s seasoned banker.
Truecaller Expands on iOS
Truecaller brings its real-time caller ID and automated spam call blocking to iOS for the first time in a major update.
SoftBank, OpenAI, Oracle Launch $500B AI Infrastructure Project
Stargate Project, a new company supported by SoftBank, OpenAI, Oracle, and MGX, aims to invest $500 billion over the next four years to build robust AI infrastructure in the United States.
Oracle Launches AI Agents for Sales Professionals
Oracle on Tuesday, January 21, released a new set of artificial intelligence agents designed to help salespeople solve several tasks related to customer dealing.
Binance CEO Says Bitcoin to Hit New All-Time High in 2025
Binance chief executive officer Richard Teng, during a conversation with media representatives at the World Economic Forum in Davos, Switzerland, said that in the current year, the crypto market will reach a new historic high amid positive regulatory changes in the United States after the inauguration of Donald Trump.
Bank of America CEO Says Financial Industry to Jump Into Crypto Payments
Bank of America chief executive officer Brian Moynihan said on Tuesday, January 21, that the United States banking industry will embrace cryptocurrencies for payments if regulators allow appropriate action.
Donald Trump Announces $500 Billion AI Infrastructure Investment
OpenAI chief executive officer Sam Altman, SoftBank CEO Masayoshi Son, and Oracle chairman Larry Ellison arrived at the White House on Tuesday, January 21, along with the President of the United States Donald Trump, and executives from other technology companies, to announce large-scale private sector investments in artificial intelligence infrastructure in the US.
Donald Trump Plans to Impose 25% Tariffs on Mexico and Canada
President of the United States Donald Trump announced last Monday, January 20, during a signing ceremony in the Oval Office that his administration would impose 25% tariffs on goods imported from Canada and Mexico from February 1.
Nuvei Brings Omnichannel Payments to UK Gaming
With Nuvei innovative omnichannel payment solution tailored for the UK gaming industry, gaming operators can manage all payment channels through a single API.
Enel Group and Algorand Partner on Innovative Blockchain Solar Panel Tokenization
From now on, individuals can acquire digital tokens to own a share of Enel Group’s solar farms, benefiting from solar energy production without installing panels on their own property.
Digital Payments Surge in Non-Metro Cities of India
The digital payment revolution in India has extended beyond its major metropolitan areas and is now thriving in non-metro cities as well.
Spain to Grant $155 Million to Help Companies Develop AI
The Spanish government intends to support the development of artificial intelligence, which is another example of the importance of AI as an advanced technology of modernity.
Bank of Japan Reportedly to Raise Rates to Highest in 17 Years
The Bank of Japan is expected to decide on raising interest rates on Friday, January 24, if there are no global shocks on the market by then.
South Korea Braces for Donald Trump’s Policies With Biggest-Ever Export Finance Support
South Korea on Monday, January 20, pledged to set aside a record amount of financial support for exporters to mitigate any potential consequences of a likely change in United States trade policy after the inauguration of Donald Trump.
