December, 2024

December, 2024

Grubhub to Settle Charges of Consumer Protection and Competition Violations
Grubhub will pay $25 million and make several changes to its operations to settle charges that it violated consumer protection and competition laws. The proposed settlement covers charges from the Fed...

Parafin Raises $100 Million to Grow Embedded Finance Infrastructure for Platforms
Parafin has raised $100 million in a Series C funding round to grow its embedded finance infrastructure that powers financial services for marketplaces, vertical software-as-a-service (SaaS) providers...

Beyond Borders: Pix’s Evolution From Domestic Powerhouse to International Player
PYMNTS Intelligence data has detailed the ways in which various economies around the globe have “plugged in” to a broad range of digital activities, spanning everything from working to communicati...

Report: Kimura Capital Closes Trade Finance Business
Kimura Capital is reportedly closing its London-based trade finance business and returning money to investors. The company will continue its ventures in commodity logistics and sports management, bu...

From Translation to Creation, AI Reshapes Social Media Landscape
Meta rolled out AI translation to its Ray-Ban smart glasses while startup Own.App launched a decentralized social platform promising full content ownership and higher creator payouts, intensifying com...

ServiceTitan is First Fundrise Portfolio Company to Go Public
Last week, ServiceTitan (NASDAQ:TTAN) went public at an IPO price of $71/share. Trading soon drove the price per share much higher. Today, ServiceTitan closed at over $108 a share (over $11o in after-...

FinCrime Dynamics Reports New Funding to Improve Financial Crime Prevention Processes
FinCrime Dynamics reports that it secured seed funding to improve financial crime prevention processes with AI and synthetic data. More than 3 million cases of fraud are reported in the UK every year,...

Visa Direct to Make Funds Quickly Available in US Cardholders’ Bank Accounts
Visa (NYSE: V) says that with Visa Direct, funds transferred to U.S. bank accounts will be available within 1 minute or less starting in April 2025. Consumers, businesses, and governments can use Vis...

Stablecoin Adoption: Ripple USD Launches Globally with Focus On Utility, Compliance
Ripple, the provider of digital asset infrastructure for financial institutions, announced that Ripple USD (RLUSD) will be available on global exchanges starting, December 17, 2024. RLUSD is describ...

SEC Small Business Advocate Publishes Small Business Capital Formation Report
The SEC Office of the Advocate for Small Business Capital Formation has published its annual report which includes data on access to capital as well as policy recommendations. The Office is relatively...

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B&T Television

March