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Amount Introduces Small Business Lending Suite
Amount Introduces Small Business Lending Suite
September 24, 2024  |  SMBs

Digital origination/decisioning company Amount has debuted a small-business-focused lending suite for banks and credit unions. The new SMB (small- to medium-sized business) Suite, announced Tuesday...

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Lawmakers Probe Whether SEC Guidance on Digital Assets ‘Undermined’ Banking Regulators
Lawmakers Probe Whether SEC Guidance on Digital Assets ‘Undermined’ Banking Regulators
September 24, 2024  |  Regulation

Four lawmakers sent letters to the heads of financial regulators, asking for information about the development of the Securities and Exchange Commission’s (SEC) Staff Accounting...

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Google, Sabre Debut Personalized Travel Tools; Local Destinations Launch AI Assistants
Google, Sabre Debut Personalized Travel Tools; Local Destinations Launch AI Assistants
September 24, 2024  |  Artificial Intelligence

The travel sector is experiencing a shift as artificial intelligence redefines everything from global booking platforms to local tourism initiatives. Google and Sabre’s AI innovations...

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Volkswagen Begins Rollout of GenAI-Powered Virtual Assistant for Vehicle Owners
Volkswagen Begins Rollout of GenAI-Powered Virtual Assistant for Vehicle Owners
September 24, 2024  |  artificial intelligence

Volkswagen of America partnered with Google Cloud to integrate a generative artificial intelligence (AI)-powered virtual assistant into its myVW mobile app for vehicle owners. The...

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TikTok Pulling Plug on Streaming Music Service
TikTok Pulling Plug on Streaming Music Service
September 24, 2024  |  Social Commerce

TikTok says its streaming music service won’t be around for much longer. “We are sorry to inform you that TikTok Music will be closing on...

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B2B Marketplaces Cash in on Fast, Flexible and Future-Forward Payments
B2B Marketplaces Cash in on Fast, Flexible and Future-Forward Payments
September 24, 2024  |  B2B Payments

Online marketplaces are all about innovation. And in the B2B procurement space, that innovation is increasingly starting and ending with better and more seamless payments....

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Overdraft Revenue Dwindles: Tech Solutions Emerge Amid Regulatory Headwinds
Overdraft Revenue Dwindles: Tech Solutions Emerge Amid Regulatory Headwinds
September 24, 2024  |  Banking

Last year, overdraft fees charged by banks — representing a revenue stream tied to account use — slipped by 24% to $5.8 billion. The industry...

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Caroline Ellison Gets 2 Years in Prison for Role in FTX Collapse
Caroline Ellison Gets 2 Years in Prison for Role in FTX Collapse
September 24, 2024  |  Legal

Caroline Ellison, the former executive who played a role in the collapse of the FTX crypto exchange and later became the star witness in the...

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HSBC: Tech Sector Should Help Refund APP Fraud Victims
HSBC: Tech Sector Should Help Refund APP Fraud Victims
September 24, 2024  |  Security & Fraud

British banking giant HSBC wants the tech industry’s help with new fraud reimbursement rules. The bank said the regulations expected to go into effect next...

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