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Empower Signs Deal to Acquire Petal, Completes Purchase of Cashalo
Empower Signs Deal to Acquire Petal, Completes Purchase of Cashalo
April 09, 2024  |  Acquisitions

Empower Finance plans to acquire Petal and has completed its acquisition of Cashalo. These acquisitions will expand Empower’s credit offerings to new markets in the United States and Southeast...

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DataVisor and Mitek Team to Stem Rising Tide of Check Fraud
DataVisor and Mitek Team to Stem Rising Tide of Check Fraud
April 09, 2024  |  Fraud Prevention

Fraud and risk platform DataVisor says it has launched a partnership with identity verification provider Mitek. The collaboration gives financial institutions (FIs) a single-platform check fraud protection service, the...

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EU Leaders Seek Reforms to Attract Private Capital
EU Leaders Seek Reforms to Attract Private Capital
April 09, 2024  |  International

European Union (EU) leaders reportedly aim to harmonize the member nations’ bankruptcy and corporate tax laws. The leaders will call for this and other changes during...

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Best Buy Teams With Google on AI-Powered Virtual Assistant
Best Buy Teams With Google on AI-Powered Virtual Assistant
April 09, 2024  |  Partnerships

Best Buy teamed with Google and Accenture on new artificial intelligence-powered offerings for customers. The electronics retailer will begin letting customers get help from an AI-powered virtual assistant, which can...

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Microsoft to Invest $2.9 Billion for AI Projects in Japan
Microsoft to Invest $2.9 Billion for AI Projects in Japan
April 09, 2024  |  Artificial Intelligence

Microsoft will invest $2.9 billion for artificial intelligence projects in Japan. The investment will go toward expanding Microsoft’s cloud and AI infrastructure in the country,...

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Google Introduces Enterprise-Focused AI Updates
Google Introduces Enterprise-Focused AI Updates
April 09, 2024  |  Google

Google has debuted several updates for its artificial intelligence (AI) suite for cloud computing clients. “Today, we are announcing that organizations can ground models in Google Search, giving...

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Keytom Launches Digital Asset-Focused Neobank
Keytom Launches Digital Asset-Focused Neobank
April 09, 2024  |  Cryptocurrency

Keytom, a neobank centered around digital assets, has announced its launch. The Dubai-based company said its goal is to introduce “a new era of financial...

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Discover and Google Cloud Develop GenAI Tools for Contact Centers
Discover and Google Cloud Develop GenAI Tools for Contact Centers
April 09, 2024  |  artificial intelligence

Discover Financial Services has collaborated with Google Cloud to provide generative artificial intelligence (AI) tools to Discover’s contact center agents. The rollout of the GenAI...

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Mastercard Realigns Organizational Structure, Adds ‘Data and AI’ Group
Mastercard Realigns Organizational Structure, Adds ‘Data and AI’ Group
April 09, 2024  |  Mastercard

Mastercard realigned its organizational structure to support its strategic priorities and position itself for “the next era of growth.” The realignment centers on three teams: Core...

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