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American Express Taps Point.me to Facilitate Using Points for Flights
American Express Taps Point.me to Facilitate Using Points for Flights
March 11, 2024  |  Travel Payments

American Express has partnered with point.me to make it easier for cardholders to find and book flights with their rewards points. Point.me, a points and travel reward...

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Musk: Grok Will Become Open-Source AI Model
Musk: Grok Will Become Open-Source AI Model
March 11, 2024  |  Artificial Intelligence

Elon Musk said his artificial intelligence (AI) company xAI will introduce an open-source model. “This week, xAI will open source Grok,” Musk wrote on X (formerly Twitter)...

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Thomson Reuters Has $8 Billion in ‘Financial Firepower’ for AI Investment
Thomson Reuters Has $8 Billion in ‘Financial Firepower’ for AI Investment
March 11, 2024  |  artificial intelligence

Thomson Reuters has reportedly amassed $8 billion to invest in the artificial intelligence (AI) space. In an interview with the Financial Times Monday (March 11), CEO Steve...

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Swedish Court Fines Klarna $733,324 for Flaws in Privacy Notice
Swedish Court Fines Klarna $733,324 for Flaws in Privacy Notice
March 11, 2024  |  Regulation

Klarna has reportedly been fined 7.5 million Swedish crowns ($733,324) after a Swedish court ruled that the company violated the European Union’s (EU) General Data...

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Commonwealth Bank CEO: Apple Needs ‘More Scrutiny in Australia’
Commonwealth Bank CEO: Apple Needs ‘More Scrutiny in Australia’
March 11, 2024  |  Apple

The head of Australia’s Commonwealth Bank says Apple’s in-country payments operations need greater oversight. “They should be subjected to a lot more scrutiny in Australia,” said Matt Comyn, whose comments at a...

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Nexi Picks Mastercard for European Open Banking Partnership
Nexi Picks Mastercard for European Open Banking Partnership
March 11, 2024  |  Partnerships

Nexi has chosen Mastercard to help it support open banking account-based payments throughout Europe. “Through this partnership, Mastercard Open Banking will facilitate e-commerce payments across Nexi’s gateways serving merchants across...

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Eye Security Raises $39 Million Led by JPMorgan as EU Ransomware Attacks Jump
Eye Security Raises $39 Million Led by JPMorgan as EU Ransomware Attacks Jump
March 10, 2024  |  Cybersecurity

Dutch cybersecurity firm Eye Security has reportedly raised $39 million to expand throughout Europe. The company’s funding round was led by JPMorgan Chase’s growth investment arm, The...

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Author Lawsuit Accuses Nvidia of Copyright Infringement
Author Lawsuit Accuses Nvidia of Copyright Infringement
March 10, 2024  |  artificial intelligence

Nvidia is the latest AI-centric company to become the target of a copyright lawsuit. The firm, whose chips help power artificial intelligence (AI) applications, has been...

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White House Wants UnitedHealth to Expedite Payments Following Hack
White House Wants UnitedHealth to Expedite Payments Following Hack
March 10, 2024  |  Healthcare

The White House wants UnitedHealth Group to speed payments to healthcare providers following a recent cyberattack. In an open letter published Sunday (March 10), the U.S. Department of...

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