Netflix Sees 19 Million New Subscribers in Q4
Netflix closed out Q4 of 2024 with a record 19 million net new subscribers in the fourth quarter. This marked the largest quarterly membership increase in the company’s history.
Netflix’s strateg...
FTC Begins Sending Refunds to Victims of Debt Relief Scheme
The Federal Trade Commission (FTC) has begun sending more than $5 million in refunds to consumers who were harmed by a deceptive credit card debt relief scheme.
The funds in this distribution came fro...
Judge Rules New York Lawsuit Against Citibank Can Proceed
Citibank will have to face a New York state lawsuit alleging that it failed to protect and reimburse victims of fraud.
A federal judge rejected the bank’s request to dismiss the lawsuit, Reuters rep...
AWS, PepsiCo and Other CEOs Tell What’s Needed to Scale AI
The CEOs of several Global Fortune 500 companies said artificial intelligence (AI) is revolutionizing their operations, while acknowledging that most companies are still grappling with implementing an...
Springbrook Adds AI Tool for Invoicing to ERP Platform
Springbrook Software added an artificial intelligence tool for invoicing to its Cirrus enterprise resource planning (ERP) platform for local governments.
The new AI tool eliminates the burden of manua...
You Can’t Teach an Old Tech Stack New Payments Tricks
The tech stack is the engine that keeps businesses running, but for many financial services firms, it remains a labyrinth of outdated systems and cumbersome processes.
These traditional systems are in...
Skor Secures $6.2m to Scale Consumer Credit Solutions in Indonesia
Skor Technologies, the Indonesian parent company of credit-education platform Skorlife and the Skorcard digital-first credit card, has raised $6.2 million in a pre Series-A funding round led by Southe...
