Robinhood Customers Shift to High-Yield Deposits Amid Banking Turmoil
Robinhood Markets reports that its customers are switching to high-yield deposits.
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JPMorgan Turns to Blockchain for Dollar Trades in India Hub
JPMorgan Chase, together with several Indian banks, will launch a project aimed at creating a blockchain-based platform.
UBS to Complete Credit Suisse Takeover by June 12
UBS expects to finalize its takeover of Credit Suisse as early as June 12, emerging from this rescue deal as a giant Swiss bank with a balance sheet of $1.6 trillion
US Bill Proposes to Change SEC Role in Crypto Regulation
House Republicans have unveiled legislation that addresses the role of regulators such as the SEC in the crypto industry, aiming to maintain the balance between consumer protection and encouraging responsible innovation
Total Funding Into Environment Tech Falls 5% in 2022, Keeps Declining
Having recorded its highest-ever funding of $31.6 billion in 2021, the environment tech sector saw investments fall by 5% year-on-year to $29.9 billion in 2022
Standard Life Partners Moneyhub for Open Finance Integration
Standard Life is teaming up with Moneyhub to roll out the open financial instrument Money Mindset.
Worldline and VTEX Partner on Global eCommerce and Payments
Worldline and VTEX have established a partnership to combine efforts to provide e-commerce and payment services at the global level by multinational merchants.
Shopify Launches Rewards Program for Users of Shop Pay
Shopify announced the launch of a new rewards program for Shop Pay in the USA.
Open AI Receives Warning From Japanese Privacy Watchdog
The Japanese privacy protection service on Friday, June 2, announced that it had sent a warning to the OpenAI startup, which received investments from Microsoft and developed a popular chatbot based on artificial intelligence ChatGPT, about the inadmissibility of using the practice of collecting personal information without obtaining prior permission to perform these actions from […]
NestAway Sells for $11 Million
Technology firm Aurum acquires NestAway, an Indian startup that has previously demonstrated positive development dynamics and is a real estate rental platform.
Uber Launches Features for Business Travel
Business trips are gradually returning to the category of popular services, and Uber, understanding the dynamics of the emerging trend, is launching new products and features that will make such trips more efficient and provide a high level of comfort.
Hostaway Raises $175 Million to Expand Property Management Software
Hostaway company announced the attraction of investment funds for 175 million dollars.
Goldman Analysts Say AI Stock Winners Outperform in Credit Too
Strategists at Goldman Sachs Group said that companies that specialize in the development and extension of technologies based on artificial intelligence, in terms of the value of shares and the dynamics of their growth, outperformed competitors working in the field of lending, although in this case there is no catastrophic gap between the indicators of […]
Ant Group Achieves 2022 Carbon Neutrality, Doubles R&D Expenditure
With the help of green computing technologies, Chinese fintech giant Ant Group reduced carbon emissions by over 62,100 tonnes of carbon dioxide equivalents (CO2e) in 2022
Circle to Replace USDC With Native Arbitrum Version
USDC stablecoin developer Circle will launch the “official” version of its token running natively on the Arbitrum network
Stripe Introduces Charge Card Program for Stripe Issuing
With the addition of charge cards, Stripe Issuing users can create and distribute virtual or physical charge cards that allow their customers to use credit costs rather than spending the funds in their accounts
