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Discover Financial Services Weighs Sale of Student-Loan Business
Discover Financial Services Weighs Sale of Student-Loan Business
September 15, 2023  |  Acquisitions

Discover Financial Services is reportedly exploring the possibility of selling its student-loan business as part of its ongoing efforts to streamline operations following a series of...

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Spanish Startup Revel Raises $125 Million for Car Subscription Platform
Spanish Startup Revel Raises $125 Million for Car Subscription Platform
September 15, 2023  |  Investments

Spanish digital car subscription service provider Revel has reportedly raised 115 million euros (about $123 million) in a funding round. The money, which includes a...

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WhatsApp Head Denies Report That Messaging Service Is Considering Ads
WhatsApp Head Denies Report That Messaging Service Is Considering Ads
September 15, 2023  |  Meta

The head of WhatApp has denied a media report that the messaging service may introduce ads. “This @FT story is false. We aren’t doing this,” Will...

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Report: Casino Hacks Likely Caused by Malware-Driven Theft of Employee Credentials
Report: Casino Hacks Likely Caused by Malware-Driven Theft of Employee Credentials
September 15, 2023  |  Cybersecurity

The recent cyberattacks on Caesars Entertainment and on MGM Resorts reportedly may have been launched with stolen login credentials. A cybersecurity company based in London, DynaRisk, discovered that the login credentials of...

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Citigroup Layoffs Focus on Support, Technology Staff
Citigroup Layoffs Focus on Support, Technology Staff
September 15, 2023  |  Banking

Citigroup has reportedly begun the layoff process after announcing a management overhaul on Wednesday (Sept. 13). Support staff in compliance and risk management at the bank...

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Goldman Sachs Creates Unit for Wealthy Clients to Invest in Sports Teams
Goldman Sachs Creates Unit for Wealthy Clients to Invest in Sports Teams
September 15, 2023  |  Banking

Goldman Sachs has reportedly created a “sports franchise” unit within its investment banking division. The new unit aims to provide wealthy clients with the opportunity...

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Instacart Increases IPO Price Range and Targets up to $9.9 Billion Valuation
Instacart Increases IPO Price Range and Targets up to $9.9 Billion Valuation
September 15, 2023  |  IPO

Instacart is reportedly looking to raise $660 million in its upcoming initial public offering (IPO). The grocery-delivery company decided to increase the price range for...

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Chase Payment Solutions Partners With Gusto to Add Payroll
Chase Payment Solutions Partners With Gusto to Add Payroll
September 15, 2023  |  Payroll

Chase Payment Solutions will be offering payroll solutions to its business payments customers via a new partnership with payroll and HR software company Gusto. By combining payments,...

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Family Dollar to Add Redesigned Wallet and Intelligent Search to App
Family Dollar to Add Redesigned Wallet and Intelligent Search to App
September 15, 2023  |  Retail

Family Dollar is set to launch a new mobile app in October that aims to enhance the shopping experience for its customers. The app will...

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