Lending Club Acquires Cushion AI Tech & Expertise
Cushion AI technology will help Lending Club customers track bills and recurring payments, manage subscriptions, build credit history, and monitor buy now, pay later (BNPL) loans.
News - page 6
UK Introduces Draft Legislation for Crypto Industry
British regulators have come up with a draft legislation to bring some clarity and customer protection to the UK crypto sector.
OpenAI Turns ChatGPT Into Shopping Assistant
OpenAI announced last Monday, April 28, that it has started to roll out its ChatGPT chatbot features that make it easier and faster to find, compare, and buy products.
HSBC Reports Earnings
One of the largest European lenders, HSBC, on Tuesday, April 29, published information on the financial results of its operations for the first quarter of the current year, which exceeded preliminary expectations due to the robust performance of its wealth business, and strength in its corporate and institutional banking segment.
Donald Trump Eases Auto Tariffs
President of the United States Donald Trump on Tuesday, April 29, signed an executive order and a proclamation on easing auto tariffs.
UPS Reportedly Considers Partnership With Robotics Startup Figure AI
The media published information according to which United Parcel Service (UPS) and Figure AI are currently considering the possibility of cooperation.
Velera to Provide Card Processing Support to 802 Credit Union
Vermont-based 802 Credit Union (802CU) has selected Velera credit union service organization (CUSO) to provide credit and debit card processing support.
PayPal Reports First-Quarter Earnings
PayPal has published information about its earnings for the first quarter of the current year, which exceeded preliminary expectations, but at the same time, this company missed on revenue and reaffirmed its guidance for 2025 due to macro uncertainty.
Amazon Denies Tariff Label Plans
Amazon.com Inc. on Tuesday, April 29, stated that it had never had plans involving widely displaying the cost of tariffs imposed by the President of the United States Donald Trump on goods.
Mastercard Advances Stablecoin Infrastructure
Mastercard introduces new end-to-end capabilities that can make stablecoin payments as seamless as everyday fiat transactions.
Cisco & ServiceNow Partner for AI Security
Businesses that adopt AI solutions face new risks, which Cisco and ServiceNow will address jointly with their advanced and integrated security tools.
China to Support Exporters
Chinese officials vowed to provide greater support to exporters affected by tariffs from United States President Donald Trump. thus demonstrating the desire to strengthen one of the most important sectors of the Asian country’s economic system.
IMF’s Europe Head Says About Impact of German Fiscal Boost on Euro Area
Alfred Kammer, director of the European Department at the International Monetary Fund (IMF), said that an increase in German spending on infrastructure will boost European economic growth, but at the same time will not be a factor that can outweigh the expected impact of tariffs from the United States.
China’s Industrial Profits Return to Growth
Chinese industrial profits in the first quarter of the current year showed readings indicating a return to growth.
Real Estate Worth $4T to Be Tokenized by 2035: Deloitte
Deloitte envisions the surge of tokenized real estate assets up from $300 billion in 2024 to about $4 trillion over the ten-year time.
Amazon Reportedly Invests $41 Million in Amazon Pay India
The media published information according to which Amazon invested Rs 350 crore (about $41 billion) in Amazon Pay India.
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