Move over, credit cards: Social-media stars are tapping magic wands to buy things
Tap-to-pay is getting a TikTok makeover as shoppers turn checking out into a personalized accessory.
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Trump family-backed crypto firm World Liberty gets conditional bank charter approval
Zach Witkoff, co-founder and CEO of World Liberty Financial and chairman of Alt5 Sigma Corp., right, and Eric Trump at the Nasdaq MarketSite in New York, Aug. 13, 2025. Adam Gray | Bloomberg | Getty Images A federal financial regulator has conditionally approved an application for a bank charter by an entity connected to World…
Wise Group shares tank after U.S. bank charter rejected. What’s next for the fintech.
Wise Group shares fell as much as 11% on Friday as the U.K.-headquartered, U.S.-listed fintech had its application for a national bank charter denied.
Grab Says AI Helps Company Move Items 30% Faster
Singapore-based ride-hailing/delivery platform Grab is touting its artificial intelligence (AI) use amid increasing revenues. “AI is now embedded in the Grab way of life, whether it’s in our products or the way we work,” Peter Oey, chief financial officer of the ride-hailing and delivery platform, told CNBC in an interview published Tuesday (Aug. 4). He said AI has helped Grab ship…
Diamond Podcast: Claro Advisors’ Ryan Belanger on Why AI Matters
Most firms view AI as another technology investment. Ryan Belanger sees it as a business strategy. Louis Diamond sits down with the founder and CEO of Claro Advisors to discuss why his $1.5 billion RIA acquired a fintech company, built an AI-native operating platform, and believes the firms that gain the biggest advantage won’t simply…
T. Rowe Price Acquires $19 Billion F/m Investments
Leading asset managers T. Rowe Price announced the acquisition of $19 billion F/m Investments in a press release Thursday afternoon. The deal brings F/m’s suite of leading fixed income strategies and ETFs into T. Rowe Price’s fund stable, reinforcing those areas in the latter’s list. The move is expected to increase T. Rowe’s fixed income…
LMXD, BedRock Land $250M at Former Innovation QNS Piece
Developers continue to pick up the pieces left behind when Innovation QNS fell apart. LMXD and BedRock Real Estate Partners secured a $250 million loan from New York Life Investment Management for the acquisition and construction of a project at 35-10 Steinway Street in Astoria, the Commercial Observer reported. The debt helped facilitate the $53…
