In the United Kingdom, the Financial Conduct Authority (FCA) plans to retire more than 100 pages of outdated guidance, withdraw hundreds of supervisory publications, and take other actions to reduce the burden on businesses and improve outcomes for consumers.
Affirm is expanding its pay-later offering through a new agreement with JPMorgan Payments.
Westpac, a financial institution operating in Australia and New Zealand, plans to allow its customers to block their accounts.
Tabit Insurance has announced the capitalization of its $40 million insurance facility.
The World Network, an organization co-founded by Sam Altman and which is part of the blockchain-based ecosystem that includes Worldcoin, is currently negotiating with Visa to add on-chain card features to the organization’s self-custody cryptocurrency wallet.
The fintech company RockFi, which is based in Paris and operates in the area of wealth management, announced that it raised new financing for $19 million.
Fintech industry player Monzo, which is based in the United Kingdom, announced the launch of a new tool that consumers can use to share expenses with friends and family.
Gene testing company 23andMe announced last Sunday, March 23, that it had filed for Chapter 11 bankruptcy protection.
Tesla is entering the market in the dining business, preparing to open a drive-in restaurant in Los Angeles.
Chinese Premier Li Qiang said at a gathering of global executives that began in Beijing that the Asian country is ready for possible unexpected shocks and called on the meeting participants to resist protectionism and defend globalization.
Economists cited by the media argue that the latest rise in Chinese government bond yields should not be characterized as a sign of reflation, as ongoing deflationary pressures are expected to be a contributing factor to interest rates remaining low.
Currently, Chinese technology companies are actively paying attention to open-source artificial intelligence models in the practical plane, launching such digital products at a high-intensity pace, while watchers and insiders claim that the implementation of the appropriate approach contributes to boosting AI adoption and scaling some other innovative functional solutions of the advanced category in the […]
Buy Now, Pay Later (BNPL) options from Klarna will be available for DoorDash orders soon.
This week, UBS analysts expressed the hope that the Chinese real estate market, which in recent years has been in the condition of what can be called a deep and, in a sense, fundamental downturn, is gradually approaching a kind of stabilization point.
Federal Reserve Bank of Chicago President Austan Goolsbee stated that the inflationary impact of tariffs could be transitory if they were limited in scope.
The media, citing an anonymous insider, published information according to which Perplexity AI, a startup building search engine powered by artificial intelligence, is currently in talks to double its valuation to $18 billion as part of a new funding round.
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