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EU to Rule on Apple Music Streaming Case in Early 2024
EU to Rule on Apple Music Streaming Case in Early 2024
December 13, 2023  |  ANTITRUST

The European Union (EU) is reportedly preparing to take action against Apple over alleged anticompetitive practices in its App Store. The EU regulators are investigating...

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Google Rolls Out Gemini AI Updates for Developers
Google Rolls Out Gemini AI Updates for Developers
December 13, 2023  |  artificial intelligence

Google is offering its developer customers a series of enhanced artificial intelligence (AI) features. The tech giant on Wednesday (Dec. 13) debuted Gemini Pro for enterprises, which lets...

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Etsy Cuts 11% of Workforce as Sales Remain ‘Essentially Flat’
Etsy Cuts 11% of Workforce as Sales Remain ‘Essentially Flat’
December 13, 2023  |  Personnel

Etsy is laying off 225 employees — about 11% of its workforce — and restructuring its executive team. The move is meant to help the...

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PSCU Will Provide Credit Processing for Air Academy Credit Union
PSCU Will Provide Credit Processing for Air Academy Credit Union
December 13, 2023  |  Credit Unions

Credit union service organization PSCU has teamed with Air Academy Credit Union (AACU). The partnership will see PSCU offer AACU “comprehensive debit and credit card processing services and support,” PSCU said...

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MyFinity Partners With Convera to Increase Global Coverage
MyFinity Partners With Convera to Increase Global Coverage
December 13, 2023  |  Cross-border Payments

MiFinity has partnered with Convera to increase the country coverage of its PayAnyBank (PAB) service. The integration of Convera’s B2B cross-border payments capabilities into MiFinity’s PAB service furthers...

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Bain Sells $448 Million Share in Indian Lender Axis Bank
Bain Sells $448 Million Share in Indian Lender Axis Bank
December 13, 2023  |  Loans

Private equity firm Bain Capital has reportedly sold a $448 stake in India’s Axis Bank. The company made the block trade Wednesday (Dec. 13), Reuters reported, citing a term sheet...

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Airwallex and Woo Team to Simplify Cross-Border eCommerce
Airwallex and Woo Team to Simplify Cross-Border eCommerce
December 13, 2023  |  eCommerce

Payments platform Airwallex has launched a partnership with eCommerce platform Woo. The collaboration makes Airwallex an official payment extension of Woo, letting the platform’s 3.5 million stores accept cross-border payments...

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Goldman Sachs Expects Growing Interest in Blockchain-Based Assets
Goldman Sachs Expects Growing Interest in Blockchain-Based Assets
December 13, 2023  |  Blockchain

Goldman Sachs is reportedly anticipating a substantial increase in trading volumes of blockchain-based assets in the next one to two years. There is also growing...

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Spend Management Firm Pleo Names New CFO in Push for Profitability
Spend Management Firm Pleo Names New CFO in Push for Profitability
December 13, 2023  |  Personnel

Danish FinTech Pleo is reportedly expanding its executive team with a new chief financial officer. The naming of financial services veteran Soren Westh Lonning as...

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