October 19, 2023
Airwallex to Acquire Mexico Payments Company MexPago
Airwallex, a global payments and financial platform for businesses, has announced a deal to acquire MexPago, a Mexico-based payment service provider. This acquisition marks Airwallex’s entry into the Latin American market,...
October 17, 2023
Nearly 50% of European Firms Rely on Overdrafts From Corporate...
Accessing working capital solutions is crucial for growth corporates — often referred to as middle market firms — around the world. However, the choices available to companies vary depending on...
October 16, 2023
High-Profile Broker Commission Antitrust Suit Commences in Kansas City
A significant legal battle involving the real estate industry kicked off in Kansas City on Monday as the trial for one of two high-profile broker commission lawsuits commenced. The trial...
October 16, 2023
FDA Creates New Committee to Shape Healthcare Amid AI Surge
Smart regulation is crucial to capturing the potential of future-fit innovations, like artificial intelligence (AI). The importance of walking a fine line between discovery and safety is increasingly compounded when...
October 15, 2023
SEC Head: AI Will Trigger Financial Crisis If Left Unchecked
America’s top financial regulator says artificial intelligence (AI) will cause a financial crisis if left unchecked. In an interview with the Financial Times on Sunday (Oct. 15), Securities and Exchange Commission Chairman Gary Gensler...
October 13, 2023
Fiserv Strengthens Distribution Network in Brazil With Skytef Acquisition
Global payments and financial technology company Fiserv has acquired Skytef, the primary distributor of Software Express payment solution SiTef. This strategic move aims to strengthen Fiserv’s distribution network in Brazil and offer a broader...
October 09, 2023
Venture Capital Firm Kaszek Raises $1 Billion for Latin American...
Latin America’s largest venture capital (VC) outfit has reportedly raised $1 billion this year. The Brazilian firm Kaszek is waiting for new deal opportunities to present themselves, and for more mature companies...
October 09, 2023
US Redlines EU’s AI Act as Nations Strive to Balance...
Governments around the world are racing to regulate artificial intelligence (AI) and its groundbreaking innovations. But the technology’s hyper rapid pace of advancement — which some observers say is already...
October 09, 2023
EU and Japan Take Similar Views on Artificial Intelligence
When it comes to artificial intelligence (AI), Europe and Japan are reportedly of like minds. “I see a lot of convergence in how we look at AI and generative AI,”...
