January, 2025

January, 2025

Report: Ally Cutting Jobs and Ending Mortgage Originations
Ally Financial is reportedly cutting staff, ending mortgage originations and rethinking its credit card business. The company will lay off less than 5% of its workforce, Bloomberg News reported Wednes...

Doxo Debuts ‘All-in-One’ Solution to Streamline Consumer Bill Pay
Bill payment service doxo launched a solution to make paying bills easier for consumers. DoxoBILLS, available in the United States via mobile and desktop, allows consumers to manage their household bi...

FTC Finalizes $7 Million Settlement With H&R Block
The FTC says it has finalized a $7 million settlement with H&R Block. The Federal Trade Commission (FTC) announced the settlement Wednesday (Jan. 8) as part of a larger agreement with the tax prepa...

Albertsons Doubles Down on Digital, Eyes Growth Despite Merger Setback
Under CEO Vivek Sankaran, Albertsons has invested heavily in digital transformation, customer engagement, and operational efficiency. Even after the halt of the proposed merger with Kroger, the compan...

DOJ Warns Against AI Washing as Ex-MoviePass CEO Pleads Guilty
The former chief executive of MoviePass’ parent company has admitted to defrauding the company’s investors. Ted Farnsworth, 62, pleaded guilty to one count each of securities fraud and conspiracy ...

Poshmark Partners With Loop to Resell Non-Returnable Items
Online fashion resale market Poshmark launched a partnership with returns-focused commerce platform Loop. According to a Wednesday (Jan. 8) press release, the collaboration is designed to offer an alt...

UK Economy May Rebound Modestly in 2025 but Geopolitical Issues Loom Large – Report
As the UK looks ahead to more growth in 2025, the year may potentially bring renewed challenges from a relatively higher pace of inflation, increased trade frictions, and a “heightened state of econ...

Australia: Birchal Co-Founder Matt Vitale Steps Down From CEO Position
Birchal, Australia’s leading investment crowdfunding platform, has lost a co-founder and CEO. Matt Vitale has announced his decision to exit his role at the platform. Vitale said in the blog post th...

StartEngine Reports $143 Million in Online Capital Formation for 2024
StartEngine, a full-stack securities crowdfunding platform, reports that it enabled $143 million across 243 offerings during 2024. StartEngine, both a Funding Portal and Broker-Dealer, allows firms to...

Tokeny Partners with Ditobanx in El Salvador
El Salvador has not only experienced a dramatic reduction in crime due to successful policies enacted by the current government, but the Latin American country has also embraced digital asset innovati...

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B&T Television

January