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Newswire > September, 2024
September, 2024

September, 2024

Shifting Tides: European and North American EV Demand Drops as China Flourishes
The electric vehicle (EV) market is turbulent. As governments reduce financial incentives, sales growth stagnates, and automakers are evaluating their investment strategies that anticipated a swift tr...
Open-Source Models May Bring Businesses Greater Access to AI Tools
Open-source artificial intelligence (AI) models are rapidly closing the gap with proprietary systems, a shift that could dramatically reshape the business landscape by giving companies of all sizes ac...
Done Deal: NCR Voyix Finalizes $2.4 Billion Digital Banking Sale to Veritas Capital
NCR Voyix has completed the sale of its digital banking unit, the company said in a Monday (Sept. 30) news release. The unit was sold to Veritas Capital for $2.45 billion in cash, along with the pote...
Banks Enter the BNPL Game With Debit-Based Installments
Paying over time, traditionally a hallmark of short-term installment loans, is becoming an option where goods are paid for using money on hand and over several installments. Some banks are now offerin...
Jack Henry Forms Embedded Payments Pact With Victor Technologies
Jack Henry has expanded its collaboration with MVB Bank’s Victor Technologies. The partnership, announced Monday (Sept. 30), has resulted in an embedded payments management platform to help Jack Hen...
OpenAI’s Shift to For-Profit Model Changes the Game for AI Competition
OpenAI, the creator of ChatGPT, is reportedly considering transitioning to a for-profit model. This strategic pivot is reshaping the artificial intelligence (AI) landscape, raising questions about the...
Proposed Credit Union Merger Would Create $29 Billion Bank
Digital Federal Credit Union and First Tech Federal Credit Union have announced plans to merge, the credit unions said in a Monday (Sept. 30) news release. If the merger is approved by the National Cr...
Indeed Flex and Branch Team to Offer Temps Same-Day Pay
Temporary staffing platform Indeed Flex launched a partnership with workforce payments company Branch. Via the collaboration, the companies are offering Same Day Pay, which lets Flex users get up to h...
Not Again: FCC to Investigate Cause of Verizon Outage
More than 100,000 Verizon users lost access to mobile services Monday (Sept. 30). The wireless carrier said it was aware of the issue, per a report by NBC News, marking the latest in a series of m...
TD Bank Pays $20 Million to Resolve Spoofing Case
TD Bank is reportedly settling a case involving illegal “spoof” orders by a former trader. The Canadian bank will pay more than $20 million as part of a deal with American prosecutors, Bloomberg N...
Newswire > September, 2024
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