Mastercard Shifts Focus Toward Investment in Zerohash
Mastercard shifts to investing in blockchain firm Zerohash. Acquisition talks with Zerohash were not pursued further. Regulatory clarity boosts Zerohash’s…
Citigroup CEO Critiques Proposed Credit Card Interest Cap
Jane Fraser critiques proposed 10% credit card interest cap. Fraser emphasizes potential restriction of credit access from the cap. Banking…
Portfolio Managers Address Shifting Liquidity Risks in the Market
Liquidity is becoming critical for investment portfolios during market instability. Technology, such as tokenization, aids in managing liquidity efficiently. Proactive…
USPS Opens Bidding for Last-Mile Delivery Network
USPS opens bidding for its last-mile delivery services network. Amazon surprised by USPS's move, now faces competitive bidding. USPS aims…
Anthropic CEO Warns AI Will Spike Both Economic Growth and Joblessness
AI could cause both significant GDP growth and increased unemployment rates. Dario Amodei advocates government intervention to distribute AI benefits…
Wells Fargo Shifts Wealth Management Hub to West Palm Beach
Wells Fargo relocates its wealth management headquarters to West Palm Beach. This move reflects a broader industry shift to business-friendly…
Ethos Goes Public with Ambitious $211 Million IPO Target
Ethos aims to raise $211 million in a public offering. The IPO prices shares between $18 to $20, valuing Ethos…
TreviPay Expands B2B Payment Options with New Visa Partnership
TreviPay launches "Pay by Invoice" with Visa for banks. This tool targets the $58 trillion North American B2B market. Automation…
UK Regulators Offer Insight on Open Banking Pricing Strategies
UK regulators support UKPI's open banking initiatives without competition probe. FCA and PSR aid clarity in open banking, focusing on…
Automakers Struggle with Chip Shortage as AI Demand Surges
Automakers face increasing chip shortages due to AI data center demand. Semiconductor supply constriction impacts production and pricing strategies. Industry…
