US - page 69

News

Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits

The head of the Federal Reserve System, Michel W. Bowman, said that the advantages of the central bank’s digital currency (CBDC) are more likely to exceed the risks associated with its use.

News

Meta Horizon Worlds Adds Controls as It Lowers Age Requirement

Meta has announced a relaxation of age requirements, compliance with which allows users to access the virtual reality (VR) platform.

Science & Technology

Nine More US States Join Lawsuit Against Google

Nine more states have joined the US Department of Justice’s lawsuit against Alphabet (GOOGL.O) Google.

News

Apple Introduces Apple Card Savings Account

With the new offering, American users can set up and manage a savings account directly from Apple Card in their dedicated Wallet

Fintech & Ecommerce

Zoom to Acquire Workvivo

Zoom acquires Workvivo in order to further expand its platform for interaction in a digital-focused workplace.

News

U.S. Lawmakers Set to Examine Future of US Stablecoins

In the United States, hearings are due to take place this week, according to the results of which local legislators will decide on the future of stablecoins.

News

Yellen Warns Banks Could Pull Back on Lending

The US Treasury Secretary reported on the high probability of a change in the approach of local financial institutions to lending in the direction of tightening.

News

HSBC Hires Ex-SVB Bankers to Focus on US Innovation Economy

HSBC currently hires about 40 former employees of the Silicon Valley bank.

News

Alacriti and Socure Team to Prevent Payment ID Fraud

Payment fintech Alacriti announced the beginning of cooperation with Socure to prevent fraudulent activity committed during instant payments and using personal data.

News

Twitter Launches Subscriptions Feature So Users Can Monetize Content

Twitter users have been allowed to apply for monetization of the materials they post on this platform.

Finance & Economics

JPMorgan Asks for Permission to Question Frank Founder About Transfers

JPMorgan Chase wants to interrogate Frank founder Charlie Javis as part of the proceedings on the transfers of millions of dollars.

Finance & Economics

FTX Lawyers Recover Billions and Bill Millions Investigating Exchange Reboot

FTX lawyers are exploring the possibility of restarting this cryptocurrency exchange.

News

Bloomberg Develops Generative AI Model Trained on Financial Data

Bloomberg LP announces its intention to add artificial intelligence (AI) functions, with which users will be able to get answers to business-related questions.

Finance & Economics

Bank of America Sees Slowing Credit and Debit Card Spend

In the United States, in March 2023, household spending on credit and debit cards increased by 0.1% compared to the figure recorded for the same period last year.

News

Amazon Expands Palm Scan Payments in Bid for Grocery Shopper Loyalty

Amazon is adding pay-by-palm and smart carts to an increasing number of grocery stores.

News

FTC Sues Chargebacks911 and Alleges Use of Unfair Techniques

Chargebacks911, a company that specializes in helping consumers mitigate the effects of chargebacks, was sued by the Federal Trade Commission (FTC) and Florida.