News - page 315

Korean Fintech Kakao Pay to Acquire Majority Stake in US Brokerage Firm Siebert
Fintech & Ecommerce

Korean Fintech Kakao Pay to Acquire Majority Stake in US Brokerage Firm Siebert

Kakao Pay, the online payment service of the South Korean messenger and Internet giant Kakao, announced the acquisition of a stake in Siebert Financial, a brokerage firm based in New York.

Amazon Closes Halo Health Division
Society & Lifestyle

Amazon Closes Halo Health Division

Amazon has sent out notices to Halo Health customers that this division of the company is ceasing operations on July 31 of this year.

Citizens Financial CEO Says Regional Banks Can Compete
Finance & Economics

Citizens Financial CEO Says Regional Banks Can Compete

Bruce Van Son, CEO of Citizens Financial Group, speaking on the Bloomberg Baystate Business Hour podcast, said that regional banks have the potential to fully compete with larger representatives of industry.

Celerant and Sezzle Partner to Help Retailers Offer BNPL
Fintech & Ecommerce

Celerant and Sezzle Partner to Help Retailers Offer BNPL

Celerant Technology has partnered with Sezzle to enable retailers to offer customers Buy Now, Pay Later (BNPL) services.

Meta Says Generative AI and Metaverse to Evolve Together
Science & Technology

Meta Says Generative AI and Metaverse to Evolve Together

The Reality Labs division is still not close to leaving the category of unprofitable enterprises, but for Meta, this state of affairs is not a reason to abandon the implementation of the Metaverse concept, even taking into account the fact that all efforts, according to experts, in this case, are concentrated on not too far-sighted […]

First Republic to Sell Up To $100B in Assets
Finance & Economics

First Republic to Sell Up To $100B in Assets

The beleaguered lender First Republic Bank is exploring ways to reduce the imbalance between its assets and liabilities

Silicon Valley Bank Employees to Get Back Some Money
Finance & Economics

Silicon Valley Bank Employees to Get Back Some Money

Media reports that Silicon Valley Bank employees are returning some of the money after a period of uncertainty.

OpenAI Previews Business Plan for ChatGPT
Science & Technology

OpenAI Previews Business Plan for ChatGPT

OpenAI announced plans to introduce a new subscription level for ChatGPT, an artificial intelligence-based chatbot adapted to the needs of corporate clients.

FTC Returns $1.1 Million to Consumers After Free Trial Settlement
Fintech & Ecommerce

FTC Returns $1.1 Million to Consumers After Free Trial Settlement

The US Federal Trade Commission (FTC) is returning $1.1 million to consumers who were misled by deceptive offers of the so-called free trial of products.

Binance Reverses Course and Abandons $1 Billion Voyager Deal
Blockchain & Crypto

Binance Reverses Course and Abandons $1 Billion Voyager Deal

Binance.US crypto exchange has terminated the agreement to purchase the bankrupt crypto firm Voyager Digital.

US Regulators Say AI-Powered Decisions Must Follow Law
Science & Technology

US Regulators Say AI-Powered Decisions Must Follow Law

In the United States, four federal agencies in a joint statement, which was published on Tuesday, April 25, confirmed their commitment to the idea that all decisions made for companies by artificial intelligence should not contradict the norms of current legislation to one degree or another.

Microsoft Points to Generational Shift in Web Search
Science & Technology

Microsoft Points to Generational Shift in Web Search

The impact of generative artificial intelligence has for Microsoft is an effect that meets the definition of deep transformation.

Klarna Uses AI to Personalize Shopping Feed
Fintech & Ecommerce

Klarna Uses AI to Personalize Shopping Feed

Klarna revamps its app with Tik-Tok-like AI-driven feed, a free shopping assistant and new solutions for stores and content creators

Super.com Raises $85 Million for Savings-Focused Super App and Card
Fintech & Ecommerce

Super.com Raises $85 Million for Savings-Focused Super App and Card

Super.com announced the attraction of investment funds for $ 85 million following the results of the Series C financing round.

Shopify Adds Melio’s B2B Embedded Finance Offering to Commerce Platform
Fintech & Ecommerce

Shopify Adds Melio’s B2B Embedded Finance Offering to Commerce Platform

Shopify has announced the addition of Melio’s built-in financial offer for B2B to its trading platform.

Token Raises $30 Million for Biometric Wearable
Fintech & Ecommerce

Token Raises $30 Million for Biometric Wearable

The Token company announced that it has managed to attract additional funding for $ 30 million, which will be used to expand the company’s offer for wearable authentication.