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Mastercard launches GPT-like AI model to help banks detect fraud

by Edgar Davis
Mastercard launches GPT-like AI model to help banks detect fraud

BARCELONA, SPAIN – MARCH 01: A view of the MasterCard company logo on their stand during the Mobile World Congress on March 1, 2017 in Barcelona, Spain. (Photo by Joan …

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Shoppers deal with holiday debt

by Anas Siddiqui
Shoppers deal with holiday debt

Pedestrians walk by an advertisement for Klarna. Daniel Harvey Gonzalez | In Pictures via Getty Images When she started shopping for the holidays late last year, Kiki Andersen was struggling …

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Sheryl Sandberg says she’s leaving Meta’s board

by Walter Watson
Sheryl Sandberg says she’s leaving Meta’s board

Sheryl Sandberg, chief operating officer of Facebook Inc. David Paul Morris | Bloomberg | Getty Images Former Meta operating chief Sheryl Sandberg is leaving the company’s board of directors. “With …

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Coinbase, Gemini plan user risk assessments in UK ahead of new rules

by Walter Watson
Coinbase, Gemini plan user risk assessments in UK ahead of new rules

CEO of cryptocurrency platform Coinbase Brian Armstrong attends a reception at Buckingham Palace, in central London, on November 27, 2023 to mark the conclusion of the Global Investment Summit (GIS). …

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The 2023 stock winners investors should let ride, sell or hedge in the new year

by Walter Watson
The 2023 stock winners investors should let ride, sell or hedge in the new year

Two centuries ago one of the first economists, David Ricardo coined the still famous investment adage “Let your profits run (on).” Makes sense. All else equal, one would prefer to …

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Affirm’s stock quintupled this year, beating all tech peers

by Walter Watson
Affirm’s stock quintupled this year, beating all tech peers

Drew Angerer / Getty Images  A year ago, there was little holiday cheer at Affirm. The point-of-sale lender was confronting rising interest rates, recession fears and weakening consumer spending. Affirm …

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SumUp defies fintech funding slump with $307 million fundraise

by Edgar Davis
SumUp defies fintech funding slump with 7 million fundraise

SumUp Chief Financial Officer Hermione McKee said the fresh capital gives the company “more firepower to act on opportunities,” including acquisitions and new country launches. SumUp British payments startup SumUp, …

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PayPal shares slide after Amazon drops Venmo as payment option

by Walter Watson
PayPal shares slide after Amazon drops Venmo as payment option

The Venmo logo displayed on a smartphone. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Amazon notified users late Wednesday it will soon stop accepting Venmo as a …

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Klarna sets up UK holding company in move toward IPO

by Walter Watson
Klarna sets up UK holding company in move toward IPO

“Buy-now, pay-later” firm Klarna aims to return to profit by summer 2023. Jakub Porzycki | NurPhoto | Getty Images Buy now, pay later firm Klarna has established a holding company …

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These stocks reporting next week typically beat the Street and rally

by Walter Watson
These stocks reporting next week typically beat the Street and rally

Wall Street is bracing for another busy week of earnings as the reporting period reaches its halfway point — and certain stocks are likely to perform better on the back …

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