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HFSC Chairman Patrick McHenry Reintroduces Legislation to Create Regulatory Sandboxes
HFSC Chairman Patrick McHenry Reintroduces Legislation to Create Regulatory Sandboxes
February 27, 2024  |  Regulation

The Financial Services Innovation Act will again be considered by the U.S. House of Representatives. Rep. Patrick McHenry, R-N.C., chairman of the House Financial Services Committee (HFSC), reintroduced the...

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Apple Cancels Car Plans, Shifts Employees to AI Division
Apple Cancels Car Plans, Shifts Employees to AI Division
February 27, 2024  |  artificial intelligence

Apple has reportedly told employees that it is canceling its effort to build an electric car and is shifting many members from the car team to...

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Nav, Gusto Team on Small Businesses Financing
Nav, Gusto Team on Small Businesses Financing
February 27, 2024  |  Partnerships

Nav and Gusto are partnering to help small businesses overcome cash flow obstacles.  The partnership aims to help small to medium-sized businesses (SMBs) find available funding, improving the...

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Mesh Payments Launches Integration of Spend Management With NetSuite OneWorld
Mesh Payments Launches Integration of Spend Management With NetSuite OneWorld
February 27, 2024  |  B2B Payments

Mesh Payments has announced the integration of its global card and spend management solution with NetSuite OneWorld, an enterprise resource planning (ERP) solution for multi-subsidiary...

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AI Startup Glean Valued at $2.2 Billion After Raising $200 Million
AI Startup Glean Valued at $2.2 Billion After Raising $200 Million
February 27, 2024  |  Investments

Artificial intelligence startup Glean said it entered unicorn territory. The company raised more than $200 million from investors that include Citigroup, Capital One Ventures, Databricks...

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FSB: Money Market Vulnerabilities Could Cause ‘Larger Contagion’
FSB: Money Market Vulnerabilities Could Cause ‘Larger Contagion’
February 27, 2024  |  Regulation

The Financial Stability Board said regulations governing money market funds must be stronger. The group’s Thematic Review on Money Market Fund (MMF) Reforms, published Tuesday...

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Treasury Management FinTech Embat Raises $15.96 Million to Expand Globally
Treasury Management FinTech Embat Raises $15.96 Million to Expand Globally
February 27, 2024  |  Investments

Embat, a FinTech company based in Madrid, Spain, has raised 14.7 million euros ($15.96 million) in a Series A round.  The company plans to use...

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Marriott Lets Members Redeem Points for Taylor Swift Concert Tickets
Marriott Lets Members Redeem Points for Taylor Swift Concert Tickets
February 27, 2024  |  Retail

Marriott International’s loyalty program, Marriott Bonvoy, is now enabling members to redeem points to see a concert on Taylor Swift’s The Eras Tour. Eligible members...

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Crypto Exchange Kraken Unveils Institutional Solution
Crypto Exchange Kraken Unveils Institutional Solution
February 27, 2024  |  Cryptocurrency

Cryptocurrency exchange Kraken is introducing a new solution for firms looking to gain exposure to the cryptocurrency. Dubbed Kraken Institutional, the new brand aims to...

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