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kennek Raises $12.5 Million for B2B Lending Platform 
kennek Raises $12.5 Million for B2B Lending Platform 
October 10, 2023  |  Investments

London-based FinTech kennek has raised $12.5 million in a seed funding round to grow its operating system for lenders serving the private debt market.  The firm will...

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Report: PayU Indian IPO Could Value Company at $7 Billion
Report: PayU Indian IPO Could Value Company at $7 Billion
October 10, 2023  |  IPO

Payments company PayU is reportedly planning to go public in India next year. As Reuters reported Tuesday (Oct. 10), PayU plans to seek regulatory approval in February for...

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GoDaddy Integrates Paze Into Online Checkouts for Small Businesses
GoDaddy Integrates Paze Into Online Checkouts for Small Businesses
October 10, 2023  |  Partnerships

Web hosting company GoDaddy has partnered with Paze, an online payment solution developed by Early Warning Services, to integrate Paze into GoDaddy’s Online Store and...

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United Community Credit Union Partners With PSCU to Enhance Card Offerings
United Community Credit Union Partners With PSCU to Enhance Card Offerings
October 10, 2023  |  Credit Unions

United Community Credit Union, which serves Galena Park Independent School District employees in Texas, teamed with credit union service organization (CUSO) PSCU to provide debit...

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Bankman-Fried Wants 2nd Crack at ‘Bad Legal Advice’ Defense
Bankman-Fried Wants 2nd Crack at ‘Bad Legal Advice’ Defense
October 10, 2023  |  Legal

Sam Bankman-Fried wants another shot at mounting a “bad legal counsel” defense. In a filing Monday (Oct. 9) evening, attorneys for the former FTX head have asked the court’s...

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Ex-Walmart CEO: Economic Headwinds Making Consumers ‘Wary’
Ex-Walmart CEO: Economic Headwinds Making Consumers ‘Wary’
October 10, 2023  |  Economy

Walmart’s former U.S. CEO says consumers are facing pressures they haven’t felt in years. Speaking to CNBC Monday (Oct. 9), Bill Simon listed a host of headwinds...

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California Bans Junk Fees, Anticipating Federal Efforts
California Bans Junk Fees, Anticipating Federal Efforts
October 09, 2023  |  Legal

California will ban junk fees beginning July 1, after the state’s governor signed a bill into law on Saturday (Oct. 7).  This move comes in...

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Slowing Loan Growth Expected to Squeeze Big US Banks’ Profits
Slowing Loan Growth Expected to Squeeze Big US Banks’ Profits
October 09, 2023  |  Banking

The big U.S. banks are reportedly facing a slowdown in lending growth due to rising interest rates, and it is expected to hurt their profits....

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PC Market Expected to Recover After 8 Quarters of Decline
PC Market Expected to Recover After 8 Quarters of Decline
October 09, 2023  |  Retail

The worldwide PC market experienced a decline of 9% in shipments in the third quarter of 2023, marking the eighth consecutive quarter of decline.  However,...

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