July 17, 2024
Anthropic and Menlo Ventures Launch $100 Million AI Startup Fund

Anthropic and Menlo Ventures have launched a $100 million fund for artificial intelligence (AI) startups. “We created this fund to fuel the next generation of AI startups through the powerful...

July 17, 2024
Monzo Debuts Digital Bank Accounts for Kids Under 16

 British digital bank Monzo is launching a free account for children under 16. The bank on Wednesday announced the waitlist for Monzo for Under 16s, designed to offer money management...

July 17, 2024
Shop Talk: Grubhub’s Grocery VP Says ‘We’ll Catch Up Very...

At a time when its competitors were announcing new grocery options by the hundreds, Grubhub appeared to be hanging back. Still, as it enters the fray, the aggregator sees a...

July 17, 2024
Matera Gets $100 Million to Expand Banking Software Footprint

Banking software provider Matera has landed a $100 million investment from growth investor Warburg Pincus.  The new funding, announced in a news release Wednesday (July 17), will help finance Matera’s...

July 17, 2024
HSBC Promotes CFO Georges Elhedery to Chief Exec

British multinational banking group HSBC has a new chief executive officer. Georges Elhedery, who became HSBC’s chief financial officer (CFO) last year, will move into the chief executive role (CEO)...

July 17, 2024
Klarna Reportedly Prepping for Possible 2025 US IPO

Klarna is reportedly weighing financial advisors for its U.S. initial public offering (IPO). Goldman Sachs, J.P. Morgan Chase and Morgan Stanley were the top contenders to advise the Swedish payments...

July 17, 2024
Insurance Industry $500 Billion Digital Shift Driven by Gen Z...

As the second half of 2024 unfolds, the insurance sector finds itself in the midst of a profound shift. How profound? According to at least one industry insider, the digital...

July 17, 2024
Study: Digital Wallets to Overtake Debit Cards for In-Store Payments...

Digital wallets have revolutionized the payment space in recent years. They provide an easy, contactless and secure way to make purchases and transfer money through the convenience of smartphones. The...

July 16, 2024
OpenAI’s Push for Human-Level AI Is Underway 

Reports of OpenAI’s leap toward human-level artificial intelligence (AI) have set the business world abuzz with visions of AI-powered commerce that could rewrite global trade rules — if the tech...