Cross River to enable P2P payments, banking services for X Money
The banking-as-a-service provider will power X Money’s peer-to-peer payments, FDIC-insured accounts and Visa debit cards as the platform expands its financial services.
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Key Retail Business Models
When you explore key retail business models, consider your strengths and resources. Brick-and-mortar stores provide direct interaction but come with higher costs. eCommerce opens global doors but lacks personal touch. Hybrid models can blend both, using strategies like click-and-collect to enhance customer experience. As you weigh your options, think about how technology and community engagement…
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Prosecutors Dig into Simad Holding Fraud
The Department of Justice launched a grand jury investigation into Simad Holdings and its controlling shareholders, Michael and David Shabsels, according to a filing on the Tel Aviv Stock Exchange. The U.S. Attorney’s Office for the Eastern District of New York is conducting the investigation. As part of the probe, Simad received a request to…
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Myriad Genetics Works With AWS to Make AI for Faster Document Handling
Myriad Genetics processes an estimated 1.5 million diagnostic tests annually, including screening for hereditary cancer and prenatal conditions, tumor profiling, and assessments of how genes may affect the body’s response to mental health medications. It can take months for the Salt Lake City-based molecular diagnostic testing company to process all the paperwork necessary to get…
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SEC Proposes Registered Offering Reform, House Representatives Voice Support For The Change
The Securities and Exchange Commission (SEC) proposed Registered Offering Reform this past May. The rule change has been receiving comments with a deadline of today. The goal is to make it easier for public firms, especially smaller ones, to raise money through a registered offering. A key aspect of the proposal is eliminating state review for…
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A Netflix Company Retreat Sparked a Lawsuit. Experts Say the Real Damage May Be Just Beginning
At the offsite, employees were reportedly encouraged to share personal experiences. Then, one employee lost his job.
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He brought AI to Wall Street in 1994 — but won’t trust ChatGPT with his money
Vasant Dhar built one of the first AI-driven hedge funds. Here’s what he wants investors to know about the technology.
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Intel Just Secured a Huge Customer for Its Foundry Business
Computer company Intel (INTC -0.89%) has been soaring in value over the past year amid excitement and potential for its foundry business. Recently, the company signed a large customer: Fortinet, which will use Intel to develop advanced security chips. While it’s not the first customer for the foundry business, it is the first named one….
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Brookfield Properties Changes Name To BGRE In Global Rebrand
Brookfield Properties, one of the world’s largest real estate owners, has changed its name to BGRE as part of its global expansion efforts. Brookfield Place in New York City The rebrand, which takes place effective immediately, “enables the platform to define its market-facing approach,” according to a press release. It won’t impact the business’s operations or…
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Got married? Your EPF nomination is no longer valid after marriage | Personal Finance
Getting married changes more than your marital status. It can also invalidate the Employees’ Provident Fund (EPF) nomination you made before marriage, potentially creating complications for your family if you fail to update it. Under the Employees’ Provident Funds Scheme, 2026, any EPF nomination made before marriage automatically becomes invalid….
