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.
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HSBC Hires Ex-SVB Bankers to Focus on US Innovation Economy
HSBC currently hires about 40 former employees of the Silicon Valley bank.
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.
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.
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.
FTX Lawyers Recover Billions and Bill Millions Investigating Exchange Reboot
FTX lawyers are exploring the possibility of restarting this cryptocurrency exchange.
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.
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.
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.
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.
Walmart Closes 4 Chicago Stores After Years of Losses
Walmart has decided to close half of its stores in Chicago.
AlphaSense Raises $100 Million for Market Intelligence and B2B Search
AlphaSense announced the attraction of investment funds in the amount of $ 100 million to develop its market analysis and B2B search platform.
JPMorgan Chase Boss Dimon Hails Groundbreaking AI
JPMorgan Chase CEO Jamie Dimon said that currently, the specialists of this financial institution are developing more than 300 options for using artificial intelligence.
TikTok Ban Threat Scares Off US Merchants
The media reported that TikTok faced problems attracting American sellers to its online shopping service.
First Citizens Community Bank Parent Gains Regulatory Approvals for Acquisition
The acquisition of HV Bancorp, previously announced by Citizens Financial Services, has received regulatory approval.
Binance.US Scrambles to Find Banking Partners
Binance’s American partner is making active efforts to find a bank to serve its customers.
