Santander, Spain’s largest bank, is set to expand its corporate banking presence in the United States. Speaking Thursday (Nov. 9) at the Reuters NEXT conference in New York, Banco Santander Executive Chair Ana Botin said the bank’s strategy will focus on renewable finance, auto lending and wealth...
Ahold Delhaize is looking to bring pickup orders in-house in the United States, even as it reverses course on direct delivery fulfillment. The multinational grocery giant shared on a call with analysts Wednesday (Nov. 8) discussing its third-quarter earnings results how it is reconfiguring its...
FinTechs remain in a tight spot, as far as fundraising goes. The third quarter of this year saw investment in private FinTechs fall 46% compared to the same period in 2022, the Wall Street Journal reported Thursday (Nov. 9), citing data from CB Insights. The number of...
Artificial intelligence (AI) is set to revolutionize the entertainment industry, particularly in the creation of animated films, according to industry veteran Jeffrey Katzenberg. Speaking Thursday (Nov. 9) at the Bloomberg New Economy Forum, Katzenberg predicted that AI would drastically reduce the cost and time required...
With Generation Z disproportionately relying on online platforms to pick where they order food, Krispy Kreme is investing in digital to grow penetration with young consumers. The sweet treats brand, which has 2,100 shops and more than 13,000 points of access around the world, shared...
European banks are investing more in fee-generating operations while waiting for interest rates to fall. The European Central Bank is slowing the pace of interest rate hikes, leading to greater competition for deposits and forcing lenders to increase what they pay to entice savers, Bloomberg...
With the advent of artificial intelligence (AI), software got a major upgrade. Given the rapid and continued innovation around AI, the major upgrade is only going to continue, particularly as chatbots are increasingly being transformed into a new breed of semi-autonomous systems that can do...
FourKites added a new Inbound Visibility solution to its supply chain visibility platform. The solution aims to enhance end-to-end, shipment– and order-level insights across suppliers, offering customers a predictive and accurate way to manage inbound orders and shipments across various modes of transportation, FourKites said...
Nestled in Bloomington, Minnesota, Mall of America takes the shopping center concept to a whole new level. It is an expansive retail and entertainment complex that provides consumers with a distinct experience compared to traditional malls. Known for its size, diverse attractions, and innovative retail...