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Report: Hacker Group Demands Reddit Reverse Plans to Charge Fees
Report: Hacker Group Demands Reddit Reverse Plans to Charge Fees
June 20, 2023  |  Security & Fraud

A hacker group has reportedly raised the stakes after getting no response from Reddit. The group known as BlackCat is now not only demanding a $4.5...

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Snapchat CEO: AI Can Improve Targeted Ads
Snapchat CEO: AI Can Improve Targeted Ads
June 20, 2023  |  Artificial Intelligence

Snapchat CEO Evan Spiegel said the company’s embrace of artificial intelligence (AI) can up its advertising game. Spiegel spoke about the progress of the social media platform’s My AI...

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Two Former Wirecard Executives Sentenced to Prison in Singapore
Two Former Wirecard Executives Sentenced to Prison in Singapore
June 20, 2023  |  Security & Fraud

Two former Wirecard executives have been sentenced to prison in Singapore. James Wardhana, who was the international finance process manager of Wirecard Asia, and Chai...

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Gemini Expands in Singapore as It Looks to Asia for Crypto’s ‘Next Wave’
Gemini Expands in Singapore as It Looks to Asia for Crypto’s ‘Next Wave’
June 20, 2023  |  Cryptocurrency

Gemini says the future of cryptocurrency lies in the Asia-Pacific (APAC) region. The crypto exchange announced Monday (June 19) it plans to increase its headcount...

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Apparel Firm VF Corp Taps Logitech CEO to Take the Reins
Apparel Firm VF Corp Taps Logitech CEO to Take the Reins
June 20, 2023  |  Personnel

Apparel and footwear company VF Corp has named Logitech CEO Bracken Darrell as its next president and chief executive officer. “We conducted an extensive search...

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Pathward and Propel Partner to Provide Credit to Underserved Consumers
Pathward and Propel Partner to Provide Credit to Underserved Consumers
June 20, 2023  |  Partnerships

Pathward is adding a new line of credit for consumers who have limited access to credit. The national bank has partnered with Propel, a FinTech that will service the...

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Froda Launches Embedded Lending Solution for Small Businesses in Denmark
Froda Launches Embedded Lending Solution for Small Businesses in Denmark
June 20, 2023  |  SMBs

Swedish FinTech Froda has launched a card-based embedded lending solution in Denmark. Developed in partnership with digital challenger bank Lunar and Visa, this offering was successfully tested in Denmark during the spring...

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PayPal Selling $43 Billion in EU BNPL Loans to KKR
PayPal Selling $43 Billion in EU BNPL Loans to KKR
June 20, 2023  |  BNPL

PayPal is selling more than $43 billion worth of its European buy now, pay later (BNPL) loans. The payments company announced Tuesday (June 20) it...

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Expend Integrates Visa Business Card Transactions Into Expense Management Platform
Expend Integrates Visa Business Card Transactions Into Expense Management Platform
June 20, 2023  |  Spend Management

London-based Expend has integrated Visa Business Card transactions into its spend and expense management platform. With this new Expend Card Connect feature, Visa Business Card debit and...

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