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Santander Merges Openbank With Consumer Finance Unit
Santander’s digital consumer banking unit Openbank and its consumer finance business are merging. The banking giant announced the merger Wednesday (Oct. 15), saying it plans to eventually...

Mastercard Helps U.S. Bank Cardholders Manage Digital Subscriptions
Mastercard has teamed with U.S. Bank to help the bank’s cardholders manage digital subscriptions. The new solution created by the two companies and announced Wednesday (Oct. 15) lets card...

Instacart Adds New Business Features to its eCommerce Suite
Instacart has added new business features to its eCommerce solutions. These features were already available on the company’s app for Instacart Business customers, and are now being roll...

Amazon Increases Fulfillment Fees for Independent Sellers
Amazon is increasing its fulfillment fees for independent sellers on its eCommerce platform. Starting next year, Referral and Fulfillment by Amazon (FBA) fees will increase by an average of...

Bank of America Sees ‘Steady’ Consumer Credit as Charge-Offs Decline
Bank of America’s third-quarter earnings results, released Wednesday (Oct. 15), showed momentum in spending on cards, growth in client balances held at the financial institution, and strong credit q...

5x leveraged crypto ETFs are coming but should traders even touch them?
On Oct. 14, the SEC received a set of filings containing math that can destroy portfolios overnight. Volatility Shares, the issuer behind the first leveraged Bitcoin ETF, wants to launch a suite of 5x...

Salesforce is spending $15 billion to make San Francisco the capital of AI
Software giant Salesforce announced a $15 billion investment in San Francisco over the next five years. The funding is i...

OpenAI earns $13 billion a year while planning a trillion-dollar AI future
OpenAI is generating approximately $13 billion in annual revenue, largely from user subscriptions, while concurrently co...

Sora becomes a hit and a headache for OpenAI with 1M downloads
OpenAI’s text-to-video app Sora reached one million downloads in North America in under five days, a milestone achieve...

Underdog and St. Louis Blues team up for multiyear partnership
Underdog, an online daily fantasy sports platform, has teamed up with the St. Louis Blues in a new multiyear marketing p...