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JPMorgan: JPM Coin Handles $1 Billion in Daily Transactions
JPMorgan: JPM Coin Handles $1 Billion in Daily Transactions
October 26, 2023  |  Blockchain

J.P. Morgan said its digital token now handles $1 billion in daily transactions. “JPM Coin gets transacted on a daily basis mostly in U.S. dollars,...

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Uber and Waymo Launch Fully Autonomous Rides in Phoenix
Uber and Waymo Launch Fully Autonomous Rides in Phoenix
October 26, 2023  |  Ridesharing

Fully autonomous rides are now available to Uber customers in Phoenix via a partnership of the ride-hailing platform and Waymo. Starting Thursday (Oct. 26), Uber...

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FTX Seeks Answers on Sam Bankman-Fried’s Payment to AI Nonprofit
FTX Seeks Answers on Sam Bankman-Fried’s Payment to AI Nonprofit
October 26, 2023  |  Cryptocurrency

FTX wants answers about $6.5 million its founder gave to an artificial intelligence (AI) nonprofit. The bankrupt cryptocurrency firm’s new management said in a Wednesday...

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Return Fees Mean Lost Business for 1/3 of Companies
Return Fees Mean Lost Business for 1/3 of Companies
October 26, 2023  |  Retail

Online return fees appear to be both a blessing and a curse for retailers. While charging shoppers for sending back items has reduced returns, a report Thursday...

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NerdWallet Launches Secured Credit Card and Credit-Building Features
NerdWallet Launches Secured Credit Card and Credit-Building Features
October 26, 2023  |  Credit Cards

Financial guidance platform NerdWallet has launched its first credit card. The new NerdUp is a secured credit card that is designed to help consumers build and improve...

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Western Union Sees 3% Revenue Growth in Digital Business
Western Union Sees 3% Revenue Growth in Digital Business
October 25, 2023  |  Earnings

Western Union, a provider of cross-border money movement and payment services, has focused on digital conversion to enhance its services and improve customer experiences. The...

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LendingClub Promotes New Products to Offset Decline in Loan Originations
LendingClub Promotes New Products to Offset Decline in Loan Originations
October 25, 2023  |  Earnings

LendingClub saw loan originations continue to decline in the quarter ended Sept. 30 as bank investors remain cautious. In response, the firm is promoting new products...

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Experts Reconsider Banning Ransom Payments as Ransomware Attacks Surge
Experts Reconsider Banning Ransom Payments as Ransomware Attacks Surge
October 25, 2023  |  Cybersecurity

Ransomware attacks have surged this year, despite efforts to curb them. As a result, experts are now reconsidering the idea of banning ransom payments altogether,...

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UPS Expands Reverse Logistics Footprint With Acquisition of Happy Returns
UPS Expands Reverse Logistics Footprint With Acquisition of Happy Returns
October 25, 2023  |  Retail

UPS plans to acquire Happy Returns, a software and reverse logistics company, to expand its returns footprint and enhance its digital solutions. This deal aims to address...

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