Neobank Bunq Sets Course for US Banking License
European neobank Bunq is on the road to getting a banking license in the United States.
The company filed for a broker-dealer license, part of a two-stage strategy to enter the American market, accord...
Jamie Dimon Urges Immediate US Engagement With China Over Tariffs
J.P. Morgan Chase CEO Jamie Dimon said the President Donald Trump administration should quickly initiate negotiations with China and United States allies to end the uncertainty around tariffs.
The unc...
Binance Resumes Services After AWS Outage Disrupts Withdrawals
Cryptocurrency exchanges Binance and KuCoin temporarily suspended withdrawals Tuesday (April 15) morning.
As CoinDesk reported, the issue stemmed from the companies’ data center provider, Amazon We...
OpenAI Debuts Cheaper GPT-4.1 Models to Attract Enterprise Clients
OpenAI has launched its newest artificial intelligence (AI) model lineup that is less expensive than older models and also outperforms them, as competition for enterprise customers heats up.
The new m...
Bank of America CEO: ‘Consumers are Still Solidly in the Game’
Consumers are still spending, Bank of America’s earnings showed Tuesday (April 15), despite the volatility of what CEO Brian Moynihan termed a “changing economy.”
The supplementals revealed t...
PayPal Launches X-Border Payment Collaboration With TerraPay
PayPal and TerraPay are teaming to promote cross-border payments in the Middle East and Africa (MENA).
The partnership, announced Tuesday (April 15), is designed to speed cross-border money movem...
Tariffs ‘Matter of Life and Death’ for Chinese Exporters to US
Chinese exporters are struggling in the face of steep new U.S. tariffs, Reuters reported Tuesday (April 15) based on interviews at the Canton Fair, China’s largest trade expo.
Candice Li, marketing ...
