April 10, 2024
‘Handful’ of AI Firms Weighing Stock Market Listings
A New York Stock Exchange executive says multiple artificial intelligence (AI) startups are exploring going public. “I’d say that the majority of the companies that are truly pure-play, AI-focused are...
April 09, 2024
Capturing the $250 Trillion Cross-Border Payments Opportunity
With every innovation, the world gets a little bit smaller and interconnected. And with the news Monday (April 8) that Kyriba and Onyx, a J.P. Morgan business unit, are collaborating to better streamline cross-border payments, global...
April 09, 2024
Santander to Launch Openbank Digital Bank in US, Mexico
Santander will launch its digital bank, Openbank, in the United States and Mexico in the second half of 2024. Currently, Openbank serves 2 million customers in four European countries — Spain, Portugal,...
April 09, 2024
Kyriba Adds AI-Powered Cash Forecasting Feature to Platform for CFOs
Kyriba has added artificial intelligence (AI) features to its platform that helps chief financial officers, treasurers and IT leaders optimize their liquidity. The new AI functionality improves cash forecasting, bank...
April 09, 2024
Empower Signs Deal to Acquire Petal, Completes Purchase of Cashalo
Empower Finance plans to acquire Petal and has completed its acquisition of Cashalo. These acquisitions will expand Empower’s credit offerings to new markets in the United States and Southeast Asia, the company said in...
April 08, 2024
Standardization Key to Scaling Paperless Invoices Across Fragmented B2B Marketplace
No two businesses are exactly the same. In that sense, they join the rarified air of fingerprints and snowflakes. But nearly all businesses do share one thing in common: the...
April 08, 2024
JPMorgan’s Dimon Sees Banking System ‘Shrinking’ Relative to FinTechs and...
JPMorgan Chase CEO Jamie Dimon weighed in on all manner of subjects in his latest annual letter to shareholders — taking particular note of the changing competitive landscape in financial...
April 08, 2024
TerraPay Gets Payments License From Singapore’s Central Bank
Money transfer firm TerraPay received a major payment institution license in Singapore. The approval by the Monetary Authority of Singapore means that TerraPay is either licensed or approved in 30 markets around the world,...
April 08, 2024
Ripple CEO: Crypto Market Will Exceed $5 Trillion by Year’s...
Will this be the year that cryptocurrency’s market capitalization surpasses the $5 trillion mark? Ripple CEO Brad Garlinghouse seems to think so. Speaking to CNBC Sunday (April 7), Garlinghouse said he expects the value of...