Новости за 05.02.2024

Open banking is set to change the world. But viewed through the lens of what’s happened so far, and through the lens of the United Kingdom’s experience, the road to transformation in payments and financial services appears long and bumpy. Differing Approaches And, as ever, the debate continues over the best way to implement open […]

For Mamoon Hamid and Ilya Fushman, hearing investment pitches means hearing about AI. The two venture capital (VC) veterans talked about the funding landscape and their firm Kleiner Perkins in a Saturday (Feb. 3) TechCrunch interview in which artificial intelligence (AI) was a central focus. “From a percentage standpoint, I’d say more than 80%,” Hamid said when asked how many AI […]

How much energy does cryptocurrency mining consume in the U.S.? A recent analysis by the Energy Information Agency (EIA) estimates that large-scale cryptocurrency operations consume more than 2% of the country’s electricity.  And as Ars Technica noted in a report on Friday (Feb. 2), that’s around the equivalent of adding another state to the country’s power […]

Snapchat parent Snap has reportedly laid off workers with more job cuts to come. The social media platform cut several dozen staff members last week, Business Insider reported Saturday (Feb. 3), citing sources familiar with the company. One of these sources said Snap is expected to make more cuts this week before the company reports its earnings. PYMNTS has reached […]

Iran reportedly used two of Great Britain’s largest banks to get around sanctions. Santander UK and Lloyds provided accounts to front companies owned by sanctioned Iranian petrochemical companies, the Financial Times reported Sunday (Feb. 4), citing documents seen by the paper’s journalists. According to the report, the state-run Petrochemical Commercial Company (PCC) was part of a network accused by […]

Last year, Taylor Swift accounted for 2% of the music industry’s entire sales. But as the megastar prepares to make history — in the running to become the first artist ever to win the Album of the Year Grammy four times — her success marks an exception in the music industry, not the rule, the Financial […]

Connecticut reportedly plans to cancel $650 million in medical debt for its residents. This relief will impact around 250,000 people and will make Connecticut the first state in the country to undertake such an effort, CNN reported Friday (Feb. 2).  The goal is to free residents from “the cloud” over their heads and give them more freedom […]

Ripple says it’s planning to expand its payments business in the U.S. Right now, 90% of the blockchain company’s business is based outside the U.S., Ripple senior director and head of product marketing, W. Oliver Segovia, said on LinkedIn last week. “After being relatively quiet for the past 3 years in the US for Ripple Payments, […]

So far, 2024 has been something of a mixed bag for high-profile IPOs. The initial public offering (IPO) market flagged in 2022 and 2023, and Wall Street had hoped this year would offer a turnaround. But as Bloomberg News reported Sunday (Feb. 4), two of this year’s three biggest public listings have underperformed. First there’s […]

Apple’s plans to pay more for songs produced with higher-quality audio are causing discord among some artists. That’s according to a report Friday (Feb. 2) by the Financial Times (FT), which says that independent record labels argue that this shift will mean more money for high profile stars and less for other artists. At issue is […]

India’s banking regulator has reportedly found thousands of Paytm Payments Bank accounts created without proper identification. The Reserve Bank of India (RBI) has turned this information over to the country’s financial crime-fighting agency, Reuters reported Saturday (Feb. 3), citing sources familiar with the matter. According to the sources, the RBI is worried that some of the accounts in […]