Amazon Tests Audio Summaries of Products for Shopping
Shoppers tired of doing online research on products they’re interested in buying could soon just listen to a robust CliffsNotes-type summary.
Amazon started testing short-form audio product summarie...
Money Movement in Focus as Bank De Novo Activity Accelerates
In recent months, nonbanks have been applying for banking charters.
Against a backdrop where de novo activity has been muted through the past several years, regulators have been moving to ease the ban...
Online Grocer FreshDirect to Open First Physical Pop-Up Store
FreshDirect, which has been an online grocer since 2002, is set to open its first physical retail location.
The company’s FreshDirect on Main will be a pop-up store on Main Street in Southampton, Ne...
Monarch Money Raises $75 Million to Grow Financial Wellness Platform
Monarch Money has raised $75 million in a Series B funding round to continue growing its financial wellness platform.
The company will use the new capital to add to its team and expand the breadth of ...
Why America’s Biggest Banks Want to Reinvent the Stablecoin
After years of skepticism, traditional finance is not just dipping a toe into crypto. It may just be preparing to swim.
That’s what is being implied by the news Thursday (May 22) that several of the...
Report: European Commission Looking Into Visa and Mastercard Fees
The European Commission is reportedly looking into fees charged by Visa and Mastercard in a move that could lead to a formal probe.
The competition regulator sent requests for information to market pa...