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Credibur emerged from stealth Wednesday (July 23) and announced it secured $2.2 million in pre-seed funding to launch its platform for debt facility management.
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The company is already launching with its first pilot customers, it said in a Wednesday press release.
Credibur’s platform targets alternative lenders and institutional investors, according to the release.
It...
Hasbro says it has magic to thank for muting the impact of tariffs this quarter.
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More to the point, Magic the Gathering, the collectible card game from the company’s Wizards of the Coast business, saw a 23% uptick in revenue, according to quarterly earnings released Wednesday (July 23).
Overall revenues were down 1%, with growth in the Wizards and digital gaming...
The White House on Wednesday (July 23) released a policy roadmap that outlines President Trump’s push to keep America in the lead in the global artificial intelligence (AI) race by focusing on deregulation, building AI infrastructure, expanding export controls and giving chatbots free speech.
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“America’s AI Action Plan” follows Trump’s executive order in January that...
EarnIn has launched a new technology that enables workers to access their earnings continuously, while they work.
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The new Live Pay technology will be available through the EarnIn Card and is now offered on an early access basis through the EarnIn Card waitlist, the earnings management company said in a Wednesday (July 23) press release.
The EarnIn Card allows users to...
Citigroup is reportedly increasing its research efforts into private companies.
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Heath Terry, a veteran of firms like Goldman Sachs, joined Citi to head coverage of the artificial intelligence industry and guide other analysts in researching private firms in other sectors, Bloomberg reported Wednesday (July 23).
The number of closely-held companies has risen while the...
Wise’s decision to shift its primary listing from London to America is drawing criticism.
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As Bloomberg News reported Wednesday (July 23), both proxy advisory firm Glass Lewis...
Corporate payments company Corpay plans to accelerate its entry into investment funds by acquiring Alpha Group International, a provider of B2B cross-border foreign exchange (FX) solutions to corporations and investment funds in the United Kingdom and Europe.
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Alpha’s board intends to recommend that Alpha shareholders vote in favor of the deal, and, subject to...
Fiserv’s management said Wednesday (July 23) that its flagship point of sale offering, Clover, is still on track to hit $3.5 billion in annual sales this year.
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But as the company trimmed guidance for 2025, and as Clover’s momentum appeared to slow in the second quarter, investors sent the shares down 20% in early trading.
Supplemental materials that accompanied the...
Consumers are increasingly using artificial intelligence chatbots to do their online searches, whittling away at traffic traditionally routed through search engines.
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The shift has implications for brands as they pivot to stay visible when chatbots present answers instead of links to their websites.
According to PYMNTS Intelligence, AI chatbot usage is led by Generation ...
TD Bank Group’s TD Merchant Solutions will use payments and financial technology from Fiserv, including the point-of-sale system Clover, for its merchant business in Canada.
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That move is part of a new multi-year strategic managed services program agreement signed by the two companies, they said in a Wednesday (July 23) press release.
In addition, the companies have...