MoneyGram plans to launch a non-custodial digital wallet that will offer new ways to send and receive cross-border payments. The wallet is set to debut in the first quarter of 2024 and will allow users to seamlessly move from fiat currency to digital currency and back...
Artificial intelligence is evolving quickly, and global regulation is falling behind. The pace of the technology is moving so fast that each day policymakers delay action, they are, in effect, set back further than the day prior. It’s a concern for OpenAI Co-founder and CEO...
Following a recent meeting with Apple CEO Tim Cook, European Union (EU) Internal Market Commissioner Thierry Breton called on the tech giant to open up its ecosystem of hardware and software to rivals. Breton emphasized the need for Apple, along with other Big Tech companies, to comply with the Digital Markets Act...
As attractive as innovative new technologies appear, it’s important to remember they are just tools. And any tool, when in the wrong hands, can also be used for the wrong purposes. “Newer technologies are enabling fraudsters to have a lot more scale and automation when...
An estimated 1.7 million packages are stolen each day in the U.S. And that number spikes around eCommerce events and major holidays, representing billions of dollars lost to “porch pirates” each year. “They came up with the mailbox in 1858 because they needed to protect...
Berlin-based rapid-delivery company Jokr has reportedly secured $50 million in Series D funding to enhance its online grocery delivery services in Latin America. The funding round, led by Convivialité Ventures, valued the company at $800 million post-money, FinSMEs reported Sunday (Sept. 24). Lombard Odier and existing...
Jenny Craig has officially been reborn as a direct-to-consumer (D2C) brand. The company’s owner, Wellful, announced the relaunch Monday (Sept. 25), saying consumers can visit the Jenny Craig website and buy the company’s home-delivery plan. “Our strong weight loss industry expertise, coupled with our proven...
RazorpayX, the business banking platform of Razorpay, has expanded its Payroll Platform to cater to enterprises and large-sized businesses. Previously focused on startups and small and medium-sized businesses (SMBs), RazorpayX Payroll now offers advanced solutions for businesses of all sizes, ranging from two to more than...
The Securities and Exchange Commission (SEC) has taken legal action against Matthew Motil, the host of “The Cash Flow King” podcast, for allegedly defrauding investors in an $11 million Ponzi scheme. Motil is accused of raising funds from over 50 investors through the sale of promissory notes...
