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Lawmakers Say EU Regulations Unfairly Target US Tech Companies
Lawmakers Say EU Regulations Unfairly Target US Tech Companies
December 18, 2023  |  Regulation

A bipartisan group of U.S. lawmakers reportedly wrote a letter to President Joe Biden expressing concerns that the European Union’s digital regulations unfairly target American...

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Revo Capital Launches $100 Million Effort for Turkish AI Firms
Revo Capital Launches $100 Million Effort for Turkish AI Firms
December 18, 2023  |  Investments

Turkey’s Revo Capital reportedly plans to raise $100 million for local AI-powered startups. The new fund will mark Revo’s inaugural investment in the gaming and energy sectors, Managing...

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Apple to Halt Sales of 2 Smartwatches Amid Patent Dispute
Apple to Halt Sales of 2 Smartwatches Amid Patent Dispute
December 18, 2023  |  Apple

Apple is set to halt sales of two models of its smartwatch in the coming days as the company prepares to comply with a U.S....

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Discover and Capital One Card Delinquencies Point to Pressures for Prime, Near-Prime Consumers
Discover and Capital One Card Delinquencies Point to Pressures for Prime, Near-Prime Consumers
December 18, 2023  |  Credit Cards

Card delinquencies and charge-offs offer evidence of the struggles of meeting current obligations. They can also be a harbinger of spending slowdowns in the future....

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Amazon Nails Down Partnership With Warhammer Creator
Amazon Nails Down Partnership With Warhammer Creator
December 18, 2023  |  Streaming

Amazon has agreed to develop movies and TV series based on the Warhammer 40,000 games. Games Workshop, the British company that makes the miniature tabletop game series, announced...

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Report: Goldman May See Pressure in Leaving Apple Partnership
Report: Goldman May See Pressure in Leaving Apple Partnership
December 18, 2023  |  Credit Cards

Goldman Sachs is reportedly facing an uphill climb in exiting its Apple Card partnership. The Wall Street giant is expected to face pressure from possible issuers to lower the value...

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CSI Acquires Hawthorn River to Improve Loan Processing
CSI Acquires Hawthorn River to Improve Loan Processing
December 18, 2023  |  Acquisitions

FinTech CSI has acquired banking software firm Hawthorn River to enhance the loan origination capabilities of CSI customers.  This acquisition will add Hawthorn River’s single-platform loan...

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A False Declined Payment Costs Merchants More Than a Sale
A False Declined Payment Costs Merchants More Than a Sale
December 18, 2023  |  eCommerce

A false decline is a legitimate card transaction that is ultimately denied, either by a bank or a merchant because it is mistakenly considered a...

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White Castle: QSR Voice AI Will See ‘Rapid Advance’ in 2024
White Castle: QSR Voice AI Will See ‘Rapid Advance’ in 2024
December 18, 2023  |  ResTech

In 2024, voice automation will continue to rapidly gain traction in the restaurant industry, boosting drive-thru efficiency and better meeting consumer demand for the channel,...

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