Rakuten Considers US IPO for Credit Card Business
Rakuten is reportedly considering an American initial public offering (IPO) for its credit card business.
The Japanese eCommerce/finance conglomerate began weighing the IPO last month, Reu...
Plaid Introduces Credit Risk Score Based on Real-Time Cash Flow Data
Plaid has introduced a credit risk score that it said provides lenders with an up-to-date view of borrower risk by using real-time cash flow data and unique account connection insights from the Plaid ...
The BNPL Story Everyone’s Getting Wrong
Easy loans are luring millions of Americans into a dangerous cycle of debt. Young people, particularly college students, are being seduced by easy credit and instant gratification, spending money they...
Scam Texts Yield Billion-Dollar Bonanza for Chinese Criminals
The world of text message scams marked an unwelcome milestone last month.
On a single day in September, Americans reported a record 330,000 scam messages related to unpaid toll fees. That�...
Amazon Cuts 15% of HR Jobs as AI Spending Continues
Amazon is reportedly planning a widespread series of job cuts in various corporate divisions.
Those cuts could include up to 15% of the tech giant’s human resources (HR) staff, Fortune re...
Honor’s Robot Phone concept features a fold-out camera arm
Have you ever wanted a DJI Osmo Pocket built into your phone?
Honor has announced what it’s calling the “Robot Phone,” a concept device with an AI-enabled, gimbal-mounted camera that unfol...