Jump has raised 11 million euros (about $12.2 million) to grow its platform that provides French freelancers with some of the benefits associated with traditional jobs. These benefits include French CDI employment contracts, social protection, company health insurance and savings plans, Breega, which led the...
Priority has introduced enhancements to the Passport product within its banking and treasury solutions platform. Among the changes announced by the unified commerce company Monday (Sept. 23) is an offering called Cash Builder, an FDIC-insured savings account that lets customers passively earn money on idle funds. “Passport Cash...
Bank of America (BofA) plans to open dozens of branches over the next two years. Nearly 40 of those openings will happen this year, according to a Monday (Sept. 23) press release. The goal is to add more than 165 “financial centers” in 63 markets...
Apollo Global Management reportedly offered to invest up to $5 billion in chipmaker Intel. Intel executives are considering the proposal, Bloomberg reported Monday (Sept. 23), citing unnamed sources. The size of the potential investment could change, or the talks could come to nothing, according to...
Edge AI computing brings the brain of artificial intelligence (AI) directly to your devices, making them smarter, faster and more private. From self-driving cars navigating city streets to smartphones instantly translating foreign languages, AI is increasingly moving out of centralized data centers and onto the...
Citi’s plan to expand in China has reportedly hit a regulatory bump in America. The trouble stems from a penalty levied by the Federal Reserve against the banking giant over its data management and risk controls, Bloomberg News reported Monday (Sept. 23), citing sources familiar with the matter. According to...
Two of the European Union’s top regulators are stepping down from their posts. And as Wired reported Saturday (Sept. 22), experts say it’s too soon to tell what their replacements may bring. Last week brought the resignation of EU Commissioner Thierry Breton, a longtime, outspoken...
American banks banked $1 trillion thanks to a recent stretch of high interest rates. That’s according to a report Sunday (Sept. 22) by the Financial Times (FT), which cited its own analysis of Federal Deposit Insurance Corp. (FDIC) data. That analysis found that banks got...
If you felt odd about the Christmas retail push starting as soon as Thanksgiving was over, you might want to avoid New York City’s Upper West Side this weekend. Anthropologie is ringing in the holiday season extra early this year, with its Holiday House, showcasing...
