FinTech Roundup: Chime’s IPO, Funding Rounds and Acquisitions Cap a Busy Week
FinTech Roundup: Chime’s IPO, Funding Rounds and Acquisitions Cap a Busy Week
May 16, 2025  |  Fintech Investments

May is only half over and has already proven to be a month full of FinTech activity, ranging from high-profile initial public offerings (IPOs) to...

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Richemont Aims to Avoid Price Backlash Seen in Luxury Sector
Richemont Aims to Avoid Price Backlash Seen in Luxury Sector
May 16, 2025  |  Retail

Luxury group Richemont will reportedly continue to limit its price increases, even in the face of new U.S. tariffs. Get the Full Story Complete the form to unlock...

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Revisions to GENIUS Act Could Impact US Stablecoin Market
Revisions to GENIUS Act Could Impact US Stablecoin Market
May 16, 2025  |  Cryptocurrency

It can feel as though every week there’s a new stablecoin announcement from a traditional financial player. Get the Full Story Complete the form to...

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This Week in AI: CPOs Say AI Still Needs a Human Touch
This Week in AI: CPOs Say AI Still Needs a Human Touch
May 16, 2025  |  Artificial Intelligence

This week in artificial intelligence, chief product officers said AI needs human oversight, even for routine, automated tasks like fraud detection. Meanwhile, AI was partly...

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Microsoft’s Nadella: AI Agents Serve as ‘Chiefs of Staff’
Microsoft’s Nadella: AI Agents Serve as ‘Chiefs of Staff’
May 16, 2025  |  artificial intelligence

Microsoft has reportedly learned that the ability of artificial intelligence to complete tasks that people find boring is the strongest selling point of the technology....

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Global Crime Rings Exploit Meta Platforms, Triggering Bank-Fraud Spike
Global Crime Rings Exploit Meta Platforms, Triggering Bank-Fraud Spike
May 16, 2025  |  Fraud Attack

Criminals are “flooding” Facebook and Instagram with bogus ads and marketplace listings, fueling what The Wall Street Journal calls an “epidemic of scams” that is...

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US In-Store Mobile Wallet Use Sees 4.3% Increase Since 2022
US In-Store Mobile Wallet Use Sees 4.3% Increase Since 2022
May 16, 2025  |  Mobile Wallets

While U.S. consumers are rapidly embracing mobile wallets for peer-to-peer payments, their adoption for in-store transactions still lags behind many international counterparts, highlighting a dichotomy...

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FinTech IPO Index Gains 4.4% as Toast and dLocal Get a Boost on Earnings
FinTech IPO Index Gains 4.4% as Toast and dLocal Get a Boost on Earnings
May 16, 2025  |  Fintech Investments

Moving into mid-May, the FinTech IPO Index’s 4.4% increase was powered by a string of earnings reports, with digital payments growth seen across Latin America...

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Meta Delays ‘Behemoth’ AI Model; Business Impact May Be Muted
Meta Delays ‘Behemoth’ AI Model; Business Impact May Be Muted
May 15, 2025  |  artificial intelligence

Meta reportedly is postponing the release of the largest version of its open-source Llama 4 artificial intelligence (AI) model from summer to fall at the...

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