December, 2024

December, 2024

CFPB: High Interest Rates Drove ‘Significant Decline’ in Mortgage Lending in 2023
Residential mortgage lending activities showed a “significant decline” in 2023, the Consumer Financial Protection Bureau said Friday (Dec. 13). The drop was caused in part by high interest rates, ...

AI Shopping Bots Race to Fill Online Carts
Silicon Valley is unleashing artificial intelligence agents that can surf online stores, swipe digital credit cards and buy goods without a human lifting a finger — forcing eCommerce players to grap...

Meta Says Foundation Model Gives Virtual Embodied Agents Human-Like Movements
Meta has unveiled a foundation model for controlling the behavior of virtual embodied humanoid agents, saying it will enhance the Metaverse. The new Meta Motivo enables these agents to learn human-li...

Flexible Working Capital Solutions Top Holiday Wish List for B2B Firms
B2B firms have two items at the top of their wish list this holiday season: more liquidity, and greater operational efficiency. These dual priorities reflect the pressure to navigate uncertain economi...

France’s AMF Encourages Financial Institutions to Improve Transparency of Taxonomy Reporting
Faced with “dense” and complex information, the AMF in France is encouraging financial institutions to continue their efforts to “improve the transparency of their Taxonomy reporting.” In a re...

One Card Raises $25.5M in Funding from QED Investors, BTV, Others
Pune-headquartered FPL Technologies, which operates credit card issuance and virtual payments platform One Card, has reportedly acquired about $25.5 million in new funding via an investment round that...

Stablecoins Are Becoming Vital Part of Web3 and Broader Financial Ecosystem – Report
Many more people are now wondering whether stablecoins (or digital tokens backed with fiat currencies 1-to-1 like the US dollar) truly open “remarkable conditions” to enable business onchain? Acco...

Marqeta to Power Slope Commercial BNPL Card
This week, Marqeta (NASDAQ:MQ), a global, modern card issuing platform that enables embedded finance solutions welcomed BNPL provider Slope. Via Marqeta, the Slope Card facilitates commercial BNPL opt...

Anchorage Digital Expands Custody for Tokens on Aptos Blockchain Including BUIDL, Ondo USDY
Anchorage Digital, the custodian for crypto innovators and investors, is announcing expanded support for tokens on the Aptos blockchain, including custody of BlackRock USD Institutional Digital Liquid...

Peak Design denies snitching on Luigi Mangione
Everyday Backpack V1 | Image: Peak Design When the first grainy images of the UnitedHealthcare shooting suspect emerged, some viewers noticed a seemingly small detail: he looked like ...

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