Fiserv shares tumble a record 46% after profit forecast slashed
Fiserv Inc. plunged by the most ever after the fintech slashed its outlook for full-year earnings and announced a broad ...
Tag: Bloomberg
Sequoia Capital invests in AI tool that could replace junior bankers
Sequoia Capital is making a bet on the future of Wall Street, leading an investment in Rogo Technologies Inc., a startup ...
Financial data network Plaid launches a consumer credit score
The financial-technology firm Plaid Inc. is launching a credit-score service to provide banks and fintechs more detailed and timely information ...
LendingTree founder, CEO Douglas Lebda dies in ATV accident
Douglas Lebda, the founder and chief executive officer of LendingTree Inc., died Sunday following an all-terrain vehicle accident. He was ...
AI’s growth leaves financial regulators struggling to catch up
Regulators are still at an “early stage” in their efforts to track the risks posed to the financial system by ...
JPMorgan’s Dimon says AI cost savings now match money spent
Jamie Dimon said JPMorgan Chase & Co. spends $2 billion a year on developing artificial intelligence technology, and saves about ...
Fintech Ramp launches fraud fighting, bill payment AI agents
Spend management platform Ramp Inc. is enlisting artificial intelligence agents to help eliminate a growing problem for corporate customers: invoice ...
AI is dominating 2025 VC investing, pulling in $192.7B
Venture capitalists poured $192.7 billion into AI startups so far this year — setting new global records and putting 2025 ...
PayPal-backed Pine Labs plans up to $700 Million IPO in October
Pine Labs Ltd., a digital payments provider in India, plans to raise as much as $700 million from an initial ...
Plaid to pay JPMorgan for customer data amid industry feud
Plaid Inc. agreed to pay JPMorgan Chase & Co. for its consumer data, the latest accord in a battle between ...
