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Volkswagen Expects Slower Growth Amid Macroeconomic Challenges
Volkswagen Expects Slower Growth Amid Macroeconomic Challenges
March 01, 2024  |  Earnings

Volkswagen Group expects its sales revenue growth to slow in 2024. The automaker said in a Friday (March 1) press release that it expects sales...

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Carvana Revises Lending Rules Amid Industry-Wide Rise in Delinquencies
Carvana Revises Lending Rules Amid Industry-Wide Rise in Delinquencies
March 01, 2024  |  Loans

Online car retailer Carvana is tightening its lending standards in response to higher delinquency rates. The company is requiring higher down payments from customers and...

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Report: Meta Rejects Partnership With Google on Virtual Reality Headsets
Report: Meta Rejects Partnership With Google on Virtual Reality Headsets
March 01, 2024  |  Big Tech

Meta reportedly turned down Google parent company Alphabet’s suggestion that the companies partner on virtual reality (VR), augmented reality (AR) and mixed reality (MR) headsets. Alphabet had suggested that...

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Paytm Ends Some Inter-Company Agreements With Paytm Payments Bank
Paytm Ends Some Inter-Company Agreements With Paytm Payments Bank
March 01, 2024  |  Regulation

Indian digital payments provider Paytm has announced that it will be cutting back on its business ties with its banking affiliate, Paytm Payments Bank. The...

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NYCB Announces Leadership Changes, Delays Annual Report
NYCB Announces Leadership Changes, Delays Annual Report
March 01, 2024  |  Banking

New York Community Bancorp (NYCB) has announced leadership changes in the CEO role and a board position. These changes came on the same day the...

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Barclays Veteran Marc Page to Join Metro Bank as CFO
Barclays Veteran Marc Page to Join Metro Bank as CFO
February 29, 2024  |  Personnel

Metro Bank has appointed Barclays veteran Marc Page as chief financial officer. Page will join the U.K. bank and its board Sept. 2, subject to regulatory approval, Metro Bank said...

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Frontsteps Adds Edenred Pay Invoice Processing to Community Management Platform
Frontsteps Adds Edenred Pay Invoice Processing to Community Management Platform
February 29, 2024  |  Partnerships

Edenred Pay and Frontsteps teamed to enhance the invoice approval experience and streamline the processing and payment of vendor invoices for community management companies. The partnership was announced by Edenred...

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Microsoft Updates Copilot to Bring AI to Finance Teams
Microsoft Updates Copilot to Bring AI to Finance Teams
February 29, 2024  |  artificial intelligence

Microsoft has debuted a new offering for finance teams via its Copilot AI assistant. Copilot for Finance, announced Thursday (Feb. 29), joins the company’s Copilot for Sales and...

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CFPB Says Financial Product Comparison-Shopping Tools Must Present Unbiased Results
CFPB Says Financial Product Comparison-Shopping Tools Must Present Unbiased Results
February 29, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is working to crack down on companies that operate comparison-shopping tools for financial products and manipulate the results. The CFPB issued...

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