Paytm shares climb after payments giant reports narrower loss
Shares of Paytm rose after India’s leading digital payments brand posted a narrower third-quarter loss with a surge in revenue. ...
Tag: Bloomberg
London payments firm moves $1B a month despite ‘red flags’
In the space of just five years, a little-known company on the outskirts of London has grown into a payments-industry ...
FIS’s job cuts reach 2,600 as fintech giant’s review continues
Fidelity National Information Services Inc. has so far eliminated 2,600 staffers as new Chief Executive Officer Stephanie Ferris continues her ...
Denial-of-service attacks rise, raising concerns for banks
Long considered a nuisance, distributed-denial-of-service attacks, or DDoS, are a growing problem for banks and other financial businesses, according to ...
JPMorgan is spending and talking the most on AI, index shows
JPMorgan Chase & Co. has a head start when it comes to developing and deploying artificial intelligence in banking, according ...
Microsoft resolves networking issues that caused cloud outages
Microsoft Corp. has resolved widespread problems with its online services, including Outlook and Teams, that it attributed to networking issues. ...
Microsoft Invests $10 Billion in ChatGPT Maker OpenAI
Microsoft Corp. is investing $10 billion in OpenAI, whose artificial intelligence tool ChatGPT has lit up the internet since its ...
JPMorgan, IFC lead $27M investment for Colombian fintech
JPMorgan Chase & Co. and International Finance Corp. are leading a $27 million round of investment in KLYM, a data-driven ...
Capital One cuts more than 1,100 tech jobs
Capital One Financial Corp. eliminated hundreds of technology positions this week, the result of the credit-card giant spending years investing ...
Microsoft joins wave of tech layoffs as slowdown spreads
Layoffs that began in 2022 are accelerating across much of the technology world. The tech industry is slashing jobs at a pace ...
