In UK Ransomware Payments Nearly Double in One Year
In the UK, payments by companies to ransomware programs have almost doubled over the past year.
Finance & Economics - page 82
CFPB Warns Banks Against Creation of Fake Accounts for Fee Harvesting
Consumer Financial Protection Bureau (CFPB) The United States has issued a circular stating that banks unilaterally deciding to reopen a deposit account for processing transactions, previously closed by a customer violate the Consumer Financial Protection Act.
Revolut CFO Resigns Citing Personal Reasons
Revolut’s chief financial officer retired two years after starting work in the British fintech industry.
When is a Good Time to Consolidate Your Debt?
Throughout their lifetime, the average person will find themselves in debt at one point or another, and there are even those that will accumulate multiple debts from varied or similar sources. Fortunately, one solution to help with dealing with these events is debt consolidation – and as an option that is available to those that […]
Disney+ Streaming Service Loses 4 Million Subscribers in First Quarter
Disney has announced that its flagship streaming service has lost 4 million subscribers in the first three months of this year.
Ascend Raises $25 Million for Pre-Seed AI Startups in Pacific Northwest
Ascend, which is based in Seattle and operates in the field of artificial intelligence, announced the closure of the second round of raising funding for $25 million.
Sound Ventures Invests Half Its $240 Million AI Fund Into Three Companies
The Beverly Hills, California-based venture capital firm Sound Ventures, led by general partners Ashton Kutcher, Guy Osiri, and Effie Epstein, announced the creation of a new $240 million artificial intelligence fund last week, already half of this money has been invested in three companies: OpenAI, Anthropic, and Stability.AI.
Bank of France Head Says Tough Regulations Make EU Lenders Robust
The head of the central bank of France said that strict measures to regulate the processes taking place in the banking sector create an advantageous position for creditors.
UK Greenlights $7.3 Billion Merger Between Satellite Rivals Viasat and Inmarsat
The UK Competition and Markets Authority (CMA) has officially approved the proposed merger of Viasat and Inmarsat worth $7.3 billion.
LinkedIn Cuts 700 Jobs and Closes China App
LinkedIn has cut 716 jobs, taking the baton of layoffs among large technology companies.
JPMorgan to Pay Frank Founder’s Legal Fees
J.P. Morgan Chase will pay the legal costs of the disgraced founder of the fintech company with whom it is suing.
HSBC Foils Plan by Major Investor to Break Up Bank
HSBC managed to stop the attempt of the largest shareholder of this financial institution to divide the bank during the annual general meeting, which rarely takes place in an atmosphere of goodwill and absolute peacefulness.
TD Bank Blames Regulatory Uncertainty for Failed First Horizon Acquisition
Canadian TD Bank canceled the planned purchase of the American financial institution First Horizon.
Kenya Proposes Crypto Transfer Tax
The Kenyan national budget, which will be presented on June 8, proposes a 3% tax on the transfer of digital crypto assets
British Banks Warn of Big Increase in Online Scams
British banks report that at the end of last year, there was a significant increase in fraud, most of which is observed in the online space.
Asia Investors Sue Switzerland Over Bank Collapse
Asian investors have joined international lawsuits against the Swiss government in connection with its actions to take over Credit Suisse bank.
Finance & Economics
Breaking News
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.