December, 2024

December, 2024

Bureau Raises $30 Million for Anti-Fraud Campaign With PayPal’s Help
Fraud prevention/compliance platform Bureau has raised $30 million in a Series B round. The new funding round, which included participation by PayPal Ventures, will help Bureau use artificial intel...

Regulators Eye Interest Rates as Retail Cards Gain Ground
More than a quarter of consumers own a store card, defined as a card that exclusively features a retailer’s branding. While co-branded cards can be used across several retailers, store cards can be ...

Ex-Klarna UK CEO Alex Marsh Named Chair of Salad Money
British financial institution Salad Money has named Klarna’s former U.K. CEO to chair its board. Alex Marsh, whose appointment was announced Wednesday (Dec. 18) in a news release provided to PYMNTS,...

Robots Get Nimble New AI Brain for Tricky Warehouse Work
MIT researchers have developed an artificial intelligence system that could enable warehouse robots to deftly handle odd-shaped packages and navigate crowded spaces without endangering human workers. ...

FTC to Settle Complaint Against Rytr for Enabling AI-Generated Reviews
The Federal Trade Commission approved a final order settling its complaint against Rytr for selling an artificial intelligence “Testimonial & Review” service. The regulator alleged that Rytr viola...

Panza and Klaros Group Team to Offer AI-Powered Compliance
Financial industry compliance/risk monitoring platform Panza has teamed with advisory firm Klaros Group. Klaros, based in Walnut Creek, California, is a “boutique advisory firm” specializing in ba...

Deutsche Bank to Launch Layer 2 Blockchain, Part of Project Dama
Multiple reports indicate that Deutsche Bank is launching a Layer 2 blockchain to fuel digital assets and compliance at the bank. A Layer 2 blockchain is a separate blockchain added to the top of a La...

Fed Cuts by 25 Basis Points Again. Was it the Right Decision?
Even while economic data has been very choppy, the US Federal Reserve decided to match market expectations, cutting benchmark rates by 25 basis points. The Federal Open Market Committee (FOMC) lowered...

FCA charges John Dance with offences related to WealthTek
The FCA has charged John Dance with 9 criminal offences, including multiple counts of fraud and money laundering. John Dance was principal partner at WealthTek LLP (formerly known as Vertus Asset Mana...

GM and ChargePoint plan to install hundreds of fast EV chargers by the end of 2025
A station render with Chargepoint-built GM Energy chargers. | Image: GM GM is partnering with ChargePoint to build out a new EV charging network under the GM Energy brand, the compani...

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B&T Television

March