Tag: finance | BizAndTech Newswire

finance

Spark (SPK) Hits Record High Before Suffering Sharp 25% Pullback—What’s Next?
SPK, the native token of the decentralized finance (DeFi) platform Spark, surged to a new all-time high yesterday. However, the rally was short-lived. In the hours following its peak, SPK has tumbl...

WEX Sees 25% Year-Over-Year Growth in Accounts Payable Automation
When economic uncertainty reigns, handling surprises takes an agile business strategy. [contact-form-7] That was the case with the B2B payments player WEX, which on Thursday (July 24) deliv...

OpenAI Set to Launch GPT-5 in August While Simplifying Offerings
OpenAI reportedly plans to launch its GPT-5 model in early August. [contact-form-7] That timing appears likely, though the company often shifts its planned release dates for a variety of rea...

The GENIUS Act Might Block Stablecoin Yield – Will DeFi Suffer or Surge?
While the GENIUS Act offers clear benefits, such as expanding global access to the US dollar through stablecoins, some of its restrictions paradoxically create new avenues for growth in other areas of...

Mastercard Debuts AI-Powered Design Studio for Card Issuers
Mastercard has introduced a platform to help issuers create and deploy card designs. [contact-form-7] The company’s AI Card Design Studio, announced Thursday (July 24), aims to offer Ma...

House Passes Crypto AML/CFT Bill and 11 Others
The Financial Technology Protection Act (H.R. 2384) was one of 12 financial services bills passed this week by the House of Representatives. [contact-form-7] The 12 bills came from the Hous...

Nuvei Debuts Tools to Boost Merchant Authorization Rates
Nuvei has introduced features aimed at improving its authorization rate for merchants in North America. [contact-form-7] The Canadian FinTech announced Thursday (July 24) it had added PIN...

What Businesses Should Ask When Choosing an AI Model
Business leaders evaluating artificial intelligence (AI) solutions should be cautious about assuming that larger generalist models such as OpenAI’s ChatGPT will always deliver better results than sp...

BitMine Immersion aims to stake 5% of Ethereum’s supply as holdings exceed $2 billion
BitMine Immersion Technologies (BMNR) has strengthened its position as Ethereum’s largest publicly traded holder, with its total ETH portfolio now valued at over $2 billion. In a disclosure on July ...

Bitmine Plans To Invest Over $2 Billion In Ethereum with Stock Sale
Bitmine is planning to substantially expand its Ethereum holdings, taking a treasury of $2 billion to $4.5 billion with a major stock sale. The firm conducted a sales agreement with Cantor Fitzgerald ...

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