Mangopay Unveils AI Fraud Prevention Tool
Mangopay launches an AI-driven anti-fraud tool. Tool includes real-time detection and darknet insights. AI's uneven adoption by criminals highlights emerging…
J.P. Morgan Enhances Self-Directed Investment Tools
J.P. Morgan enhances its Self-Directed Investing platform. New features include fractional shares and performance tracking. Integration with Chase Mobile streamlines…
Klarna Boosts Revenue and Cuts Costs Using AI
Klarna saw a 29% rise in Q1 total revenue. Operating expenses dropped by 11% due to AI tools. U.S. revenue…
Disney Shares Rise After Peltz’s Exit
Disney shares rose following Peltz’s $3.5 billion exit. Disney's streaming revenue grew, reducing operational losses. Focus shifts to high-quality Marvel…
Jio Financial Launches Digital Banking App
Jio Finance app launched in beta to enhance financial well-being. Offers comprehensive services like UPI, digital banking, and insurance. Plans…
Trustly CEO Delays IPO Despite Profit Surge
Trustly postpones IPO despite 51% profit rise. Focus on open banking to prove market viability. U.S. market and tech advancements…
Amazon Expands Drone Delivery Operations
Amazon Prime Air receives FAA approval to expand drone operations. Advanced detect-and-avoid technology enables safe, autonomous navigation. Approval supports Amazon's…
OpenAI Advances AI Model Amid Safety Concerns
OpenAI is training a new AI model, surpassing GPT-4. Safety committee's internal makeup raises bias concerns. Diverse perspectives are crucial…
Kohl’s Shares Drop After Surprise Q1 Loss
Kohl's shares dropped 25% after unexpected Q1 loss. Net sales fell 5.3%, with comparable sales down 4.4%. Revised forecasts indicate…
CFPB Investigates Rising Mortgage Closing Costs
CFPB investigates rising mortgage closing costs and junk fees. Recent years show a 36% increase in closing costs. Complex pricing…
