April 18, 2024
Equifax Says 85% of Its New Models Built With AI
Consumer credit bureau Equifax said artificial intelligence (AI) is playing an increasing role in its operations. In announcing the company’s quarterly earnings Thursday (April 18), management noted that 70% of the new models...
April 18, 2024
CFPB Flags Gaming Data Practices, but Younger Consumers Comfortable Sharing...
The Consumer Financial Protection Bureau (CFPB) recently issued a report listing regulatory concerns around how gaming and virtual reality companies facilitate transactions and collect sensitive data. As “Banking in Video Games...
April 18, 2024
Marqeta and Rain Team to Offer Earned Wage Access Debit...
Marqeta is expanding its earned wage access program with assistance from financial wellness provider Rain. The card-issuing platform announced its collaboration with Rain Thursday (April 18), with Marqeta powering the Rain Card,...
April 18, 2024
Revolut Invests $100 Million in Mexico as Remittances Jump
Revolut has reportedly made a $100 million-plus bet on Mexico’s remittance market. Speaking with Reuters Wednesday (April 17), Revolut Mexico CEO Juan Miguel Guerra said the bulk of that investment...
April 18, 2024
Mastercard Brings Commercial Cards to Digital Wallets
Continuing the industry’s migration of business payments and expense management to digital platforms, Mastercard announced today (April 18) that it is bringing its commercial cards to mobile wallets. The move comes in...
April 18, 2024
GenAI Bridges Small Business Lending Gap
An unavoidable truth in business is that it frequently takes money to make money. And in today’s world, where small and medium-sized businesses (SMBs) often find themselves struggling to secure...
April 17, 2024
Recurly Adds New Dashboards to Subscription Management Platform
Subscription management firm Recurly has added new dashboard reports to its platform. The reports have built-in benchmarks based on trends of more than 60 million subscribers on Recurly. They bring benchmarking data...
April 17, 2024
Possible Funding Thaw May Bring New Life to FinTech IPO...
Call it the thaw after the FinTech funding winter. Maybe. And for the FinTech IPO Index, there may be some reason for cheer — perhaps this year. Because if private...
April 16, 2024
Ibotta Increases IPO Goal to $551 Million
Cash-back rewards platform Ibotta has upped the size of its planned public listing. Last week, the Walmart-backed company said it aimed to raise $472 million through an initial public offering (IPO). On Tuesday (April 16),...
