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Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
February 06, 2024  |  Digital Banking

Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company. “I think that will happen eventually,” CEO David Vélez told the Financial Times (FT)...

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JPMorgan Chase to Add 500 Branches, Renovate 1,700 Existing Locations
JPMorgan Chase to Add 500 Branches, Renovate 1,700 Existing Locations
February 06, 2024  |  Banking

J.P. Morgan Chase, one of the largest banks in the United States, reportedly plans to open more than 500 new bank branches over the next...

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Ripple Ordered to Produce Crypto Sale Info for SEC
Ripple Ordered to Produce Crypto Sale Info for SEC
February 06, 2024  |  Cryptocurrency

Blockchain company Ripple has been ordered to share financial statements about cryptocurrency sales with regulators. That ruling came from a New York judge, and requires Ripple to share...

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Cybera and Chainalysis Partner to Help Organizations Prevent Financial Cybercrime
Cybera and Chainalysis Partner to Help Organizations Prevent Financial Cybercrime
February 05, 2024  |  Security & Fraud

Cybera, a provider of advanced reporting and prevention tools, has launched a strategic integration with Chainalysis, a blockchain data platform, to equip government agencies and compliance...

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Report: Reddit Achieved Profitability in Q4, Could Soon Unveil IPO
Report: Reddit Achieved Profitability in Q4, Could Soon Unveil IPO
February 05, 2024  |  IPO

Reddit is reportedly preparing for a potential initial public offering (IPO) in the United States. The social media company and its advisers are expected to unveil...

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Banks Report Tighter Standards, Lower Demand for Lending in Q4
Banks Report Tighter Standards, Lower Demand for Lending in Q4
February 05, 2024  |  Banking

Banks tightened their standards on loans to both businesses and households in the fourth quarter. They also saw lower demand for lending during that period,...

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Freightos Expands Reach With Virgin Atlantic Cargo Partnership
Freightos Expands Reach With Virgin Atlantic Cargo Partnership
February 05, 2024  |  Supply Chain

Freight industry booking platform Freightos has launched a partnership with Virgin Atlantic Cargo. The collaboration, announced Monday (Feb. 5), combines Virgin’s “extensive” network with the digital reach of...

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National Bank of Romania Warns Consumers About Deepfake Videos
National Bank of Romania Warns Consumers About Deepfake Videos
February 05, 2024  |  Security & Fraud

Romania’s central bank governor, Mugur Isarescu, found himself unwittingly associated with false financial recommendations after being targeted by a deepfake video. The video, which utilized...

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Reunit Launches Volume-Based Rewards for Omnichain Crypto Wallet
Reunit Launches Volume-Based Rewards for Omnichain Crypto Wallet
February 05, 2024  |  Cryptocurrency

Omnichain cryptocurrency wallet Reunit Wallet has debuted a volume-based reward program. The program, announced Monday (Feb. 5), is designed to stimulate trading activity on its platform and attract new...

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