December, 2024

December, 2024

Crypto Bank BVNK Expands to US After Raising $50 Million
Stablecoin payments infrastructure firm BVNK is expanding to the U.S. after raising $50 million. The company’s Series B round, announced Tuesday (Dec. 17), was led by Haun Ventures, with participati...

NY Seeks Fairer Lending From Nonbank Mortgage Companies
New York’s financial watchdog has proposed new measures governing nonbank mortgage lenders. The New York State Department of Financial Services (DFS) says this new regulation would ensure these ...

Data and AI Company Databricks to Raise $10 Billion in Funding Round
Databricks has announced a Series J funding round in which it is raising $10 billion of expected non-dilutive financing and has completed $8.6 billion so far. The funding values the data and artific...

Why AI and Blockchain Are Becoming Finance Leaders’ Greatest Allies
For decades, finance functions and treasury teams stared down tedious, manual and repetitive workflows. But today’s financial landscape is in constant motion. Rising regulatory pressures, unpredicta...

Visa: AI Helped Block 85% More Fraud on Cyber Monday
Visa’s artificial intelligence (AI) and machine learning capabilities enabled it to block 85% more suspected fraud globally on Cyber Monday compared to a year earlier. It did so at a time when suspe...

OpenAI’s Latest ChatGPT Upgrade Aims at Business Workflows
An artificial intelligence (AI) chatbot that remembers what you asked it to do last month? That’s the promise behind ChatGPT’s latest upgrade, which could push the technology beyond quick answers ...

eCommerce Spending Accelerates in November and Boosts Retail Sales
November’s consumer spending was buoyant, as eCommerce sales rebounded from a tepid pace in October. Chalk it up to the festive season, but there are signs that consumers are throttling back on at l...

WBD Admits That Scale Did Not Create Value as it Separates Cable Assets
Warner Bros. Discovery is the latest media titan to consign linear to the bench. In a move reminiscent of Comcast's divisional spinoff last month, WBD will split its lucrative but declining cable netw...

Threads starts testing scheduled posts
Image: The Verge Threads is about to begin testing the ability to schedule posts, according to Instagram’s Adam Mosseri. “Replies cannot be scheduled,” he added, explaining that...

YouTube says that soon, its tech will be able to find AI copies of celebs and creators
Illustration: Alex Castro / The Verge YouTube is partnering with the Creative Artists Agency (CAA) to help creators identify content using their AI-generated likenesses on the platfor...

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