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CFPB Says Student Loan Servicers May Be Violating Consumer Protection Laws
CFPB Says Student Loan Servicers May Be Violating Consumer Protection Laws
January 05, 2024  |  CFPB

Borrowers are facing challenges as they resume federal student loan payments after a pause that began during the pandemic. They are encountering long hold times...

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ZilBank.com Launches X-Border Transaction Service for South Korean Entrepreneurs
ZilBank.com Launches X-Border Transaction Service for South Korean Entrepreneurs
January 05, 2024  |  Cross-border Payments

B2B payment platform ZilBank.com launched an initiative aimed at empowering South Korean entrepreneurs and freelancers by enabling seamless payments to the United States. The program seeks to promote...

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Continental and Aurora Finalize Autonomous Trucking System Design
Continental and Aurora Finalize Autonomous Trucking System Design
January 05, 2024  |  Transportation

Mobility technology firm Continental and self-driving technology company Aurora Innovation have finalized the design of a scalable autonomous trucking system and plan to start production...

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PhonePe Names TerraPay Veteran Ritesh Pai as CEO — International Payments
PhonePe Names TerraPay Veteran Ritesh Pai as CEO — International Payments
January 05, 2024  |  Personnel

India-based digital payments company PhonePe has appointed TerraPay veteran Ritesh Pai as CEO — International Payments, saying he will lead the company’s global expansion plans....

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Government and Healthcare Sectors Lead December Job Gains
Government and Healthcare Sectors Lead December Job Gains
January 05, 2024  |  Economy

The U.S. economy added 216,000 jobs in December, with the government and healthcare sectors posting the biggest gains. The number of jobs added during the...

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Cryptocurrency Exchanges Implement Measures to Meet UK Regulations
Cryptocurrency Exchanges Implement Measures to Meet UK Regulations
January 05, 2024  |  Cryptocurrency

Cryptocurrency exchanges Coinbase, Crypto.com and Gemini have implemented risk assessments and finance tests for their users in the United Kingdom.  These measures are a response to new regulations set by...

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Sony Ventures Appoints New CEO, Creates Role of Chairman 
Sony Ventures Appoints New CEO, Creates Role of Chairman 
January 05, 2024  |  Personnel

Sony Ventures, the dedicated investment team of Sony Group, has appointed 27-year Sony Group veteran Kazuhito Hadano as its new CEO, effective Jan. 1.  Gen Tsuchikawa, the previous...

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ECB Drafts First Chapters of Digital Euro Rulebook
ECB Drafts First Chapters of Digital Euro Rulebook
January 05, 2024  |  CBDC

The European Central Bank (ECB) Rulebook Development Group (RDG) has drafted the first chapters of a digital euro rulebook. This first draft follows the legislative...

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MobiKwik Files for $84 Million IPO
MobiKwik Files for $84 Million IPO
January 05, 2024  |  IPO

Indian digital payments firm MobiKwik has filed for an initial public offering (IPO) worth up to 7 billion rupees ($84 million).  This move comes after the company’s...

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