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American News - Page 29

Mastercard wins New York BitLicence for digital assets
Crypto

Mastercard wins New York BitLicence for digital assets

The approval gives Mastercard a regulated route into stablecoins and tokenised deposits as banks and fintechs test faster settlement systems.

By Karen Joy Bacudo • 4 min read • Fri, 29th May 2026
NEC & NYU value flood defences at USD $800 million
Housing

NEC & NYU value flood defences at USD $800 million

Avoided flood losses in Manhattan's Rockaway Peninsula could hit USD $800 million, strengthening the case for resilience spending.

By Sean Mitchell • 5 min read • Wed, 27th May 2026
Abundia buys RPD Technologies Americas to boost growth
Clean technologies

Abundia buys RPD Technologies Americas to boost growth

The deal gives Abundia an immediate revenue stream and in-house engineering expertise as it pushes to build waste-to-fuels plants more quickly.

By Sean Mitchell • 4 min read • Wed, 27th May 2026
Intuit cuts 17% workforce as it doubles down on AI
Digital Transformation

Intuit cuts 17% workforce as it doubles down on AI

Hundreds of workers will lose jobs as Intuit simplifies its structure and redirects spending towards AI and financial services growth.

By Karen Joy Bacudo • 4 min read • Wed, 27th May 2026
DevRev adds shared memory to enterprise Computer AI
Data Analytics

DevRev adds shared memory to enterprise Computer AI

New shared memory and multiplayer tools aim to cut context loss and make enterprise AI safer to use across teams and systems.

By Joseph Gabriel Lagonsin • 4 min read • Tue, 26th May 2026
Equifax & GBG expand fraud partnership to US market
Data Analytics

Equifax & GBG expand fraud partnership to US market

Businesses in the US will gain broader identity checks as Equifax data is added to GBG Go, while reciprocal tools will aid Equifax's fraud screening.

By Karen Joy Bacudo • 4 min read • Tue, 26th May 2026
Alkami webinar spotlights digital maturity in banking
Digital Transformation

Alkami webinar spotlights digital maturity in banking

Banks are under pressure to speed onboarding and tighten fraud controls as more institutions move AI from trials into daily business banking use.

By Karen Joy Bacudo • 4 min read • Fri, 22nd May 2026
Mercury raises USD $200 million in Series D led by TCV
Digital Transformation

Mercury raises USD $200 million in Series D led by TCV

Strong application growth and a push beyond startups helped Mercury secure new funding as it moves towards becoming a nationally regulated bank.

By Karen Joy Bacudo • 3 min read • Fri, 22nd May 2026
FVSBank partners with MANTL to speed account opening
Digital Transformation

FVSBank partners with MANTL to speed account opening

Customers at FVSBank will be able to open more deposit accounts online in minutes, as the bank unifies branch and digital onboarding.

By Karen Joy Bacudo • 4 min read • Fri, 22nd May 2026
Bank of America joins CLS cross currency swap service
Risk & Compliance

Bank of America joins CLS cross currency swap service

CLS's payment-versus-payment model could cut counterparty exposure and funding strain as major banks handle record FX swap volumes.

By Karen Joy Bacudo • 4 min read • Fri, 22nd May 2026
Zip US teams with InComm on gift cards in instalments
Fintech

Zip US teams with InComm on gift cards in instalments

Shoppers can now spread the cost of gift cards in Zip's app, as buy now, pay later usage keeps widening across the US.

By Karen Joy Bacudo • 4 min read • Thu, 21st May 2026
Relay secures USD $50 million to fuel small business growth
Fintech

Relay secures USD $50 million to fuel small business growth

The funding will help Relay expand among US small firms as it passes USD $1.3 billion in managed deposits and 150,000 customers.

By Karen Joy Bacudo • 3 min read • Thu, 21st May 2026
IMA launches micro-credentials for finance professionals
Data Analytics

IMA launches micro-credentials for finance professionals

Finance teams are under growing pressure to deliver sharper analysis, with new courses aimed at building AI and data skills fast.

By Karen Joy Bacudo • 4 min read • Thu, 21st May 2026
Primer raises USD $100 million to boost AI & US growth
Fintech

Primer raises USD $100 million to boost AI & US growth

The payments infrastructure firm plans to hire up to 50 people in the US as it channels fresh capital into AI tools and expansion.

By Karen Joy Bacudo • 4 min read • Wed, 20th May 2026
Workplace financial benefits boost retention, survey finds
Human Capital Management

Workplace financial benefits boost retention, survey finds

Financial stress is now hitting productivity and loyalty, with 91% of workers saying tailored benefits could sway them to change jobs.

By Karen Joy Bacudo • 4 min read • Wed, 20th May 2026
ChatGPT adds Plaid-linked personal finance preview
Data Protection

ChatGPT adds Plaid-linked personal finance preview

Users can now ask ChatGPT about their own spending and savings after OpenAI added a Plaid-linked finance preview for US Pro subscribers.

By Karen Joy Bacudo • 4 min read • Tue, 19th May 2026
Intuit adds AI tools to Enterprise Suite for mid-market
Data Analytics

Intuit adds AI tools to Enterprise Suite for mid-market

US mid-market firms get AI-driven finance, HR and construction tools in one platform, aimed at cutting manual work and improving visibility.

By Karen Joy Bacudo • 5 min read • Tue, 19th May 2026
RL Jones partners with Amberd.ai on tariff refunds
Software-as-a-Service

RL Jones partners with Amberd.ai on tariff refunds

The rollout aims to cut missed claims and speed filing as customs brokers juggle tariff data, deadlines and border delays across the US-Mexico corridor.

By Sofiah Nichole Salivio • 4 min read • Sat, 16th May 2026
RegScale raises USD $30 million in oversubscribed Series B
Software-as-a-Service

RegScale raises USD $30 million in oversubscribed Series B

The funding will help RegScale scale faster as federal and enterprise buyers demand quicker compliance checks and less manual audit work.

By Sean Mitchell • 4 min read • Sat, 16th May 2026