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Revolut opened a waitlist for what it called its first “ultra-premium” business card.
Dubbed Titan, the card is designed for high-growth companies, the London-based FinTech’s Revolut Business arm said in a Thursday (Dec. 4) press release provided to PYMNTS. It combines spend management and travel and lifestyle benefits into a single solution.
“Modern businesses face a dual challenge [...
Meta executives are reportedly considering cutting as much as 30% of the budget of the company’s metaverse group amid a shift of resources toward artificial intelligence.
The proposed cuts are part of Meta’s annual budget planning for 2026, and they could lead to layoffs as soon as January, Bloomberg reported Thursday (Dec. 4), citing unnamed sources.
Mark Zuckerberg, CEO of Meta, has...
Blockchain technology company Digital Asset received an investment from BNY, iCapital, Nasdaq and S...
Dollar General’s omnichannel push into the rural United States continues, with a strategy that emphasizes digital engagement, delivery and a boost to its brick-and-mortar footprint.
Sales in the third quarter were $10.6 billion, a 4.6% gain from last year, according to a Thursday (Dec. 4) earnings press release.
Guidance projected that net sales would grow by 4.7% to 4.9% in 2025, and...
Citadel Securities wants American regulators to exercise caution when it comes to decentralized finance (DeFi).
Writing to the U.S. Securities and Exchange Commission (SEC) earlier this week as the agency considers how to apply securities laws to cryptocurrency platforms, the company argued that some systems dealing in tokenized U.S. equities could seem similar to regulated market...
Trade tariffs are only as effective as the oversight backing them.
The tariff-heavy environment is fueling a surge in creative and illicit duty-evasion strategies.
Last month, for example, the owner of an Indonesian jewelry company, USB Gold, and two employees were charged with taking part in a $1.2 billion scheme to evade over $86 million in duties on jewelry imports into the United...
Visa blocked 280% more suspected fraud attempts on Black Friday in the United Kingdom this year compared to last year and 140% more across Europe.
Compared to the previous Friday (Nov. 21), the company blocked 63% more suspected fraud in the U.K. and 40% more across Europe, it said in a Thursday (Dec. 4) press release emailed to PYMNTS.
“Black Friday still remains a prime time for...
Amazon is reportedly preparing to cut ties with the U.S. Postal Service.
The move would make Amazon the country’s most ubiquitous delivery service and present a blow to the Postal Service’s financial health, The Washington Post reported Thursday (Dec. 4).
Amazon’s expansion of its own delivery service would cost the Postal Service its top customer, as the tech giant is providing $6...
Germany’s financial regulator is reportedly warning banks of risks from unclear ties between artificial intelligence companies.
“We’re currently observing the development of both vertical and horizontal connections which are hard to see into from the outside,” Nikolas Speer, the head of banking supervision at BaFin, said at a conference on IT resilience Thursday (Dec. 4), per a...
Identity platform Trulioo has joined Google’s Agent Payments Protocol (AP2) initiative, which creates a common language for how artificial intelligence agents can initiate and complete transactions on behalf of users.
Trulioo will bring to the AP2 initiative its expertise in identity verification and trust infrastructure and will show how its Digital Agent Passport (DAP) can be used...