Klarna is launching high-yield savings accounts in the United States with an annual percentage yield starting at 3.28%. The accounts are FDIC-insured through a partnership with WebBank and are designed to let existing Klarna spending customers hold sav…
Shoppers are starting to ask AI assistants what to buy, not just how to spell a word or what to cook for dinner. A new study suggests that when they do, most online stores are nowhere in the answer. The research, from AI commerce company Recomaze, ran …
JPMorgan Chase is hiring Nomura Holdings’ international head of artificial intelligence strategy, according to Bloomberg, as the largest US bank by assets accelerates its recruitment of AI specialists. Singapore-based Tahir Zafar, who joined Nomura in …
Two years ago, Ramp was a $7.65 billion corporate card company. On Wednesday, it announced a $750 million Series F that values it at $44 billion, a nearly six-fold increase that makes it one of the most valuable private fintech companies in the world. …
Vlad Yatsenko was Revolut’s first employee. He joined before CEO Nik Storonsky had even launched the company. Storonsky later gave him the title of co-founder, not because he had co-founded the business in the conventional sense, but because, as Storon…
Apple is preparing a new iPhone feature that lets users photograph a restaurant receipt, assign individual items to different people, and automatically generate payment requests through Apple Cash. The tool will calculate each person’s share of the bil…
Tencent has announced that PayPal users will be able to make cashless payments in China by scanning QR codes through WeChat Pay’s merchant network. The integration, which will be available to US-based PayPal users first with more markets to follow, con…
Talkdesk has launched proactive AI agents designed specifically for retail and financial services, moving the company from a platform that handles inbound customer queries to one that initiates outbound engagement autonomously. The new agents sit withi…
Capchase, a New York-based vendor financing platform for enterprise technology companies, has raised more than $200 million in new funding to scale its embedded lending infrastructure globally. The round, a mix of debt warehouse facilities and equity…
Amazon Web Services has launched a product that lets retailers build their own AI-powered shopping assistants using the same technology that powers Amazon’s Alexa for Shopping. The AWS Agentic Shopping Assistant packages architecture guidance, starter …