Category: Fintech

[ad_1] Amex’s Culture of Innovation: Career Growth & Development Insights  FinTech Magazine [ad_2] Source link

[ad_1] From Fido-friendly taxis to doggy ice cream, brands are stepping up their pet offerings to meet consumers’ demand to give their fur babies human-grade luxury. Take Lyft, which announced Monday (Aug. 26) the launch of Pet rides, matching riders with a driver who is okay with pets for a $4 fee. “At Lyft, we…

[ad_1] Crypto.com has introduced a global service that lets users in over 90 countries to more easily manage their cryptocurrency transactions. The Global Retail Services initiative, accessible through the Crypto.com App, streamlines deposit and withdrawal capabilities, significantly improving the efficiency of users’ cryptocurrency transactions. Global Retail Services will initially roll out in the United Arab…

[ad_1] Goldman Sachs reportedly plans to lay off between 3% and 4% of its workforce — amounting to about 1,300 to 1,800 people — as part of its annual review process. The layoffs have already started, will continue through the fall and are expected to be made across the bank’s divisions, the Wall Street Journal…

[ad_1] OpenAI is reportedly considering changing its corporate structure to make that structure simpler and more attractive to financial backers. The artificial intelligence (AI) company currently issues investors equity from its for-profit subsidiary, which is governed by its non-profit board whose “principal beneficiary is humanity, not OpenAI investors,” the Financial Times (FT) reported Friday (Aug. 30). One…

[ad_1] Despite Peloton’s rebranding effort launched in May 2023, executives acknowledged in the latest earnings call that the company’s expanded offerings and new identity have yet to fully resonate with consumers. During last week’s fourth-quarter earnings call, Interim Co-CEO Karen Boone addressed this topic. “I’d say there are still a lot of people who think…

[ad_1] Community Bank & Trust selected ValidiFI to help verify bank account ownership and possession for prospective borrowers. Community Bank & Trust will leverage ValidiFI’s vAuth to verify bank account status and account ownership and possession for its Tax Refund Advance loan program. ValidiFI was acquired by alternative bank and payment data firm Ribbit…

[ad_1] As the retail sector faces a complex mix of opportunities and challenges, Gap and Lululemon are charting distinct courses in their recent earnings reports. While Gap focuses on revitalizing its core brands during ongoing operational hurdles, Lululemon is capitalizing on international growth and stellar performance in athleisure. Gap’s Brand Refresh Under CEO Richard Dickson,…

[ad_1] Magic raised $320 million from a group of investors that includes former Google CEO Eric Schmidt to build an artificial intelligence coworker for AI research and code generation, the company said in a Thursday (Aug. 29) blog post. The investment brings the total amount the company has raised to $465 million, according to the…

[ad_1] Wirex has launched its mainnet, making its decentralized payment method, Wirex Pay, live and ready to use. This blockchain-based payment method allows users to make transactions using cryptocurrencies at more than 80 million merchants in more than 200 countries, the company said in a Wednesday (Aug. 28) press release. “With the mainnet now live, Wirex Pay…