JPMorgan Chase Boss Dimon Hails Groundbreaking AI
JPMorgan Chase CEO Jamie Dimon said that currently, the specialists of this financial institution are developing more than 300 options for using artificial intelligence.
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TikTok Ban Threat Scares Off US Merchants
The media reported that TikTok faced problems attracting American sellers to its online shopping service.
First Citizens Community Bank Parent Gains Regulatory Approvals for Acquisition
The acquisition of HV Bancorp, previously announced by Citizens Financial Services, has received regulatory approval.
Binance.US Scrambles to Find Banking Partners
Binance’s American partner is making active efforts to find a bank to serve its customers.
Walmart Suit Seeks to End Capital One Card Relationship
The media reported that Walmart sued Capital One with a demand to terminate a 4-year partnership with credit cards.
Treasury Department Urges DeFi to Improve AML/CFT Controls
Both providers of DeFi services and the United States government are supposed to reduce AML/CFT vulnerabilities in decentralized finance (DeFi), enabling criminals to transfer and launder illicit proceeds
Union Credit and TransUnion Team to Help Credit Unions Find Borrowers
Union Credit and TransUnion have established a partnership to improve the customer service process.
Robinhood Reaches $10.2 Million Settlement on March 2020 Platform Outage
The American financial company Robinhood has reached an agreement with state securities regulators regarding the settlement of a situation related to operational and technical failures.
Tillerman Launches Insights Tool Leveraging POS Data
Designed for retail brands and wholesalers, the new Tillerman Insight tool is equipped with an interactive and visual dashboard that facilitates gaining and analysing insights from the POS data
PayPal Partners Live Nation Entertainment to Provide Flexible Payments for Fans
PayPal announced a multi-year strategic partnership with the global entertainment company Live Nation Entertainment, becoming the preferred payments partner
Stripe Confident in Web Economy Despite Significant Slowing
The Stripe payment company processed transactions totaling more than $817 billion in 2022.
JPMorgan’s Jamie Dimon Warns Banking Crisis to Be Felt for Years to Come
JPMorgan Chase CEO Jamie Dimon said that the banking crisis triggered by the March collapses of Silicon Valley Bank and Signature Bank has not reached its limit and will have an impact on the state of affairs in the economy over the next few years.
SEC Charges Frank Founder With Fraud in $175 Million Sale to JPMorgan
In the United States, federal regulators said that the founder of a student financial assistance company, Frank, committed fraudulent actions against one of the largest banks in the country.
Amazon Cuts Over 100 Games Division Jobs
Amazon has laid off more than 100 employees of its gaming division and reassigned workers to other structural units.
Bunq Eyes US Market: Applies for Licence
Dutch neobank bunq is “bringing the bank of The Free to the land of The Free” with a new application for a banking licence with the FDIC
Seattle Bank Partners LoanStar to Enhance Embedded Banking Offer
Seattle Bank has partnered with LoanStar Technologies, enabling merchants and service providers to offer point-of-sale consumer loans for high-value transactions
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