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Freelance services marketplace Fiverr saw growing demand for talent with specialized skills during the third quarter, driven in part by small- to medium-sized businesses’ efforts to adopt artificial intelligence, the company said in a third-quarter shareholder letter released Wednesday (Nov. 5). The company said in the letter that it saw growth in this area during a quarter in which...
U.S. Bank has debuted a credit card that converts purchases into monthly payment plans. The bank’s Split World Mastercard, announced Wednesday (Nov. 5), is designed to serve as an alternative to buy now, pay later (BNPL) plans. According to a news release, the card can be used for in-store or online purchases anywhere Mastercard is accepted, with every purchase automatically split into...
Banking momentum and payments innovation drove another quarter for Fidelity National Information Services (FIS), as artificial intelligence, core modernization and digital expansion continued to reshape its business mix. FIS said in a third-quarter earnings presentation Wednesday (Nov. 5) that adjusted revenue was $2.7 billion, up 6.3%. “Banking exceeded our expectations in the quarter...
Amazon is reportedly offering customers of Brazil’s Nubank several special payment options. Company officials told Bloomberg News in a report published Wednesday (Nov. 5) that this includes more credit to shop with Amazon as well as more installment options. “This partnership will make it easier for customers to buy and access credit, which are two very important things for Brazilians...
Meta’s artificial intelligence spending is giving investors unwelcome flashbacks to 2022, Bloomberg reported Wednesday (Nov. 5). The tech giant’s AI efforts are reminiscent of the spending on the metaverse that sent the company’s shares tumbling, the report said. Meta’s earnings from last week exceeded expectations, but investors were more interested in capital expenditures, which the...
United Airlines has integrated Lyft into its loyalty program, and the companies have begun rolling out new ways for travelers to earn and use their rewards. In the first offer made available by this collaboration, Lyft riders in the United States who are also members of United’s loyalty program, MileagePlus, can earn airline miles on every eligible ride, the companies said in a...
Businesses can’t manage what they can’t measure. That simple fact, against today’s backdrop of ongoing tariff turmoil and global trade tensions, has seen supply chain visibility emerge as a critical capability for corporate leadership. However, as many chief financial officers are discovering, simply knowing where your inputs originate isn’t enough. Supply chain mapping, once regarded...
Finance platform United Fintech has acquired lending automation company Trade Ledger. With this deal, United Fintech gets access to a customer base that includes Barclays and Bank of Queensland, as well as Trade Ledger’s expertise in data-driven lending and commercial banking automation, the companies said in a Wednesday (Nov. 5) news release. “AI is redefining how banks operate, and...
The private sector added 42,000 jobs in October, with the trade, transportation and utilities industry leading the way, ADP said Wednesday (Nov. 5). That industry was among five that added jobs during the month, while another five industries shed jobs, the human resources and payroll solution provider said in a Wednesday press release. The month’s results marked a turnaround from...
Google and Epic Games have reportedly reached an accord in a years-long antitrust battle. As Bloomberg News reported Wednesday (Nov. 5), the dispute involved the way developers distribute and monetize apps on Google’s Android phones. The report, citing court documents, said the precise terms of the agreement were not released. However, the settlement is happening as Google was already...