Monzo Moves into Mobile Market, Impacting Telecoms
Monzo plans to launch a digital SIM and mobile contracts. It joins fintechs like Klarna and Revolut in the mobile…
Capital B Gains Investment as Adam Back Boosts Bitcoin Holdings
Capital B secures €2.2M investment led by Adam Back. 1 million new shares issued, potentially adding 17 bitcoins. Moves reinforce…
Amdax Launches Bitcoin Treasury Company For Euronext Listing
Amdax launches AMBTS for institutional Bitcoin investment in Europe. Regulatory endorsements include registration with the Dutch Central Bank. AMBTS aims…
Innerworks Secures $4M Investment to Advance Anti-Fraud Technology
Innerworks raises $4M to enhance its anti-fraud technology and global expansion. Funding focuses on product development and expanding the RedTeam…
Digital Wallets Drive Gift Card Popularity
Gift cards evolved from physical to digital, enhancing omnichannel access. They drive retail engagement, offering flexibility and personalization. Global reach…
Genow Secures €1.65M Seed Funding to Innovate Enterprise Knowledge with AI
Genow secures €1.65M funding for its AI knowledge platform “Wingman.” Platform integrates data from various systems to improve information accessibility.…
Pandora and Chanel Face Customer Data Leaks Following Security Breaches
Pandora and Chanel have experienced data breaches through third-party platforms. Customer names, emails, and contact details were accessed by hackers.…
Meta Revamps AI Strategy for the Fourth Time in Half a Year
Meta reorganizes AI strategy with Meta Superintelligence Labs divided into four teams. Key industry leaders and experts from major tech…
Credit Card Delinquencies Rise Slightly, Net Charge-Offs Decrease
Delinquencies rose marginally to 2.66% in July. Net charge-offs decreased to 3.63% last month. Financial leaders point to varying consumer…
Strike Impacts Air Canada Operations, Grounds Major Flights
Air Canada attendants’ strike grounds numerous flights, affecting thousands of travelers. Dispute centers on unpaid ground tasks, with union challenging…
