US Stocks Rebound
In the United States, stock indexes showed gains on Friday, March 14, as investors tried to stage a rebound to end a rocky week.
News - page 17
Fed Faces Growing Economic Risks
Since President of the United States Donald Trump took office in January, he has imposed new tariffs, with more coming, on imported goods, begun to cull federal jobs and spending, jeopardized political relations with the European Union, and recognized that the US economic system, which at the end of 2024 demonstrated several positive indicators, is […]
Amazon & Santander Visa Credit Card Launches for Austrian Customers
Joint financial product from Santander and Amazon is already available for amazon.de customers in Austria.
Chaos Labs Unveils AI-Powered Crypto Researcher
Chaos AI from Chaos Labs is an innovative artificial intelligence (AI) researcher designed to enhance financial intelligence within the decentralised finance (DeFi) and crypto sector.
BlackRock’s Tokenised Fund Surpassed $1B in AUM
One of the most popular tokenised money market funds, BlackRock’s BUIDL has accumulated $1B in assets under management since its inception in 2024, marking a noteworthy milestone in the tokenization ecosystem growth.
Omni Raises $69 Million
Omni closed a Series B funding round worth $69 million this month.
Fortis to Expand Embedded Payments Offerings
Fortis will step up efforts to expand its embedded payments offerings after securing a joint investment from Audax Private Equity and existing investor Lovell Minnick Partners (LMP).
BNY Reportedly Deepens Relationship With Stablecoin Company Circle
The media published information according to which BNY is handling additional services for Circle.
MoonPay Acquires Iron
Crypto payment giant MoonPay is expanding its push into the enterprise market as a result of the acquisition of Iron, an API-first stablecoin infrastructure startup.
MGX Pledges to Invest $2 Billion in Binance
Emirati state-owned investment company MGX announced $2 billion in financial injections into Binance, which was the cryptocurrency exchange’s first institutional investment and the single largest investment in the virtual currency sector.
SoFi Seals Up to $5 Billion Loan Agreement
SoFi has finalized an agreement with Blue Owl Capital worth at least $5 billion.
Worth Raises $25 Million
Automation-focused fintech platform Worth raised $25 million in new funding.
Corsair Capital Acquires Stake in Platform IDnow
Investment company Corsair Capital has acquired a majority stake in the German IDnow identity verification platform.
Lowe’s Launches Virtual Assistant Mylow
Lowe’s introduced a virtual home improvement assistant powered by artificial intelligence.
Banking Giants Warn New AI Risks
Goldman Sachs, Citigroup, JPMorgan Chase, and other Wall Street companies have warned investors about new risks associated with scaling artificial intelligence using practices, including software hallucinations, employee-morale issues, AI leverage by cybercriminals, and the impact of changing laws around the world.
ServiceNow to Acquire Moveworks
ServiceNow powerful agentic AI and automation capabilities, combined with Moveworks front-end AI assistant and enterprise search technology, will help speed up the adoption and innovation of AI in businesses.
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