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April, 2024

April, 2024

This Week in B2B: New Year, New Back-Office Innovations
The B2B payments landscape is at a pivotal juncture as 2025 approaches. On one hand, the imperative to digitize and integrate payment processes has never been more pressing. On the other, legacy syste...
Report: Chime to Go Public in 2025 After Submitting Confidential Filing
Chime Financial reportedly submitted a confidential filing for an initial public offering (IPO). The FinTech company plans to go public in 2025, though the timing of the IPO has not been finalized an...
Homeland Security Head Criticizes EU’s ‘Adversarial’ AI Approach
America’s homeland security chief is reportedly worried about the European Union’s approach to AI regulation. Alejandro Mayorkas, outgoing head of the U.S. Department of Homeland Security, said i...
Chainalysis: Crypto Hacking Slows as North Korea Redirects Resources
The total value stolen in crypto hacks reached $2.2 billion in 2024, a figure that was higher than the $1.8 billion taken in 2023 but lower than the record $3.7 billion stolen in 2022. While the inten...
Consumer Spending Lifts Q3 GDP, but Savings Rates Are Pressured
In the latest and final revision of how the economy fared in the third quarter — through the growth in gross domestic product — the headline is that growth was healthy. GDP was better than expecte...
Visa Finalizes Featurespace Purchase to Boost Fraud Prevention
Visa said it completed its acquisition of financial crime/payments fraud prevention provider Featurespace. “Visa will add Featurespace’s capabilities into its range of fraud prevention and risk-sc...
MoneyLion and MrBeast Partner on $4 Million Financial Literacy Competition
MoneyLion launched a partnership with YouTube superstar Jimmy Donaldson, better known as “MrBeast.” The FinTech is partnering on “Beast Games,” a new competition series by MrBeast that premier...
AI Translator Could Be ROI Boon
MIT researchers have created a way to turn baffling AI decisions into plain English, using an innovative system that acts like a translator between machines and humans. EXPLINGO pairs artificial intel...
Small Businesses Captured Outsized Gains From 2024’s Payments Innovations
Payments innovations impacted small- to medium-sized businesses (SMBs) in 2024. For years, SMBs lagged behind larger enterprises in adopting digital payment solutions, hindered by limited budgets, res...
Alternative Investments Solution Provider Allvue Acquires PFA Solutions
Allvue Systems, LLC, a firm focused on alternative investment solutions, has acquired PFA Solutions LLC, a provider of compensation and carried interest software solutions for firms across private equ...
Newswire > April, 2024
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