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Mexican FinTech Klar has reportedly raised $190 million in new funding.
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The company’s Series C round, led by private equity firm General Atlantic, values Klar at more than $800 million, Bloomberg News reported Tuesday (July 1).
According to the report, the funding comes as Klar works to accelerate product development as it bills itself to legacy institutions by offering...
The number of job openings in the U.S. increased by 374,000 in May and reached 7.77 million on the last day of the month.
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That figure was up from 7.40 million at the end of April, the Bureau of Labor Statistics (BLS) said in a table from its Job Openings and Labor Turnover Survey (JOLTS) released Tuesday (July 1).
CNN reported Tuesday that the increase in job openings...
Software firm Cloudflare has introduced a tool to block bot crawlers from accessing web content without permission.
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The new offering, announced Tuesday (July 1), lets website owners decide if they want artificial intelligence (AI) crawlers to access their content, and determine how AI firms can use it. It also lets site owners set a price for access via a “pay per crawl...
Chaser integrated its intelligent credit control automation with the Sage Intacct accounting platform.
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The combination provides users with tools that can help reduce debtor days, assess credit risk and automate collections activity, Chaser said in a Monday (June 30) blog post.
“The integration between Chaser and Sage Intacct gives finance teams greater visibility over...
Open banking is proving to be a work in progress, certainly on the regulatory front in the United States, and in terms of technical issues too.
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As PYMNTS reported in May, the ultimate fate of the so-called “open banking rule,” also named Section 1033, is unknown. The rule helps govern the ways in which banking customers permission their data to be shares with third...
Robinhood is extending its U.S. stock/token offerings to its customers in Europe.
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The financial platform announced Monday (June 30) that it was launching U.S. stock and exchange-traded fund (ETF) tokens in the European Union, giving eligible customers exposure to U.S. equities with Robinhood stock tokens.
“With tokenized stocks, our European app transitions from being a...
Artificial intelligence is reportedly one of the factors driving small- to medium-sized businesses (SMBs) to reduce their number of middle managers.
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SMBs have joined enterprises like Amazon and Meta in reducing their number of middle managers, Bloomberg reported Monday (June 30).
Among SMBs, the average number of direct reports for each supervisor doubled from three in...
The Supreme Court has rejected an appeal from a Coinbase customer fighting the IRS.
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That’s according to a report Monday (June 30) by Bloomberg News on the ongoing battle between Coinbase account holder James Harper and the Internal Revenue Service (IRS).
According to the report, the court refused to question an IRS summons that had forced Coinbase to turn over...
TomTom, the Dutch maker of GPS devices and apps, announced Monday (June 30) that it is cutting 300 jobs as it increasingly incorporates artificial intelligence (AI) into its business.
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The company said it will accelerate the use of AI for the development and improvement of its products. TomTom said it has updated its mapping technology and made its software easier to use...
Kraken has begun rolling out the availability of tokenized U.S. stocks and exchange-traded funds (ETFs) on its crypto platform for eligible non-U.S. clients.
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This new offering is powered by Backed’s xStocks and is meant to give eligible non-U.S. clients the ability to invest in American stocks and ETFs, according to a Monday (June 30) blog post.
Kraken began listing 60...