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FIS Adds Consumer Auto Finance Capabilities to Asset Finance Platform
FinTech company FIS has added U.S. consumer auto finance capabilities to its FIS Asset Finance platform. These new capabilities join the wide spectrum of commercial, retail and wholesale fi...
FDIC Sues Capital One in Dispute Over Special Assessment for 2023 Bank Failures
Another lawsuit has reportedly been filed in a dispute between the Federal Deposit Insurance Corporation (FDIC) and Capital One over how much the bank should pay to help bail out depositors of two fin...
Meta Chief Revenue Officer to Leave and Start Own Company
Meta Chief Revenue Officer John Hegeman said Tuesday (Nov. 18) that he is leaving the firm after 17 years to start his own company. Announcing the move in a post on Facebook, Hegeman said h...
Kraken Secures $800 Million Capital Led by Jane Street and Citadel Securities at $20 Billion Valuation
Kraken closed an $800 million funding round on Tuesday with a $200 million investment from Citadel Securities, valuing the crypto exchange at $20 billion. This marks one of crypto’s largest capital ...
Predictive Analytics, Not Inventory, Becomes Front Line for Supply Chain Resilience
Traditional planning is broken. Forecasts that once held for quarters now expire in days.  The supply chain world is waking up to the fact that operational resilience depends not only on p...
AI Is Enabling Digital Transformation of Finance and Key Business Processes : Analysis
Artificial intelligence (AI) is now becoming a key driver in accounting and is also said to be noticeably changing processes. Over half of companies (53 percent) currently use AI in this area or are �...
Nvidia and Microsoft Pledge Up to $15 Billion to Anthropic
Microsoft says it is joining Nvidia in a multibillion-dollar partnership with artificial intelligence (AI) startup Anthropic. Under this collaboration, Anthropic will scale its Claude AI mo...
DOJ Memo Says It Won’t Prosecute US Troops No Matter How Illegal Trump’s Boat Strike Program Is
Not content to simply deport as many South American migrants from this country as possible, the Trump administration leaned into its lies about the latent threat to national security the mere existenc...
Amazon AI Assistant Rufus Sees 149% Jump In Users
Amazon is introducing new features for its AI shopping assistant amid triple-digit user growth. The updates to the company’s Rufus, announced Tuesday (Nov. 18), include enhancements to...
Klarna Sees Future as Neobank as Growth Accelerates
Klarna’s third-quarter earnings update Tuesday (Nov. 18), its first earnings report as a publicly listed company, detailed a strategic transformation that seeks to push the brand beyond payments and...
Newswire > Tag: finance
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