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China's Central Bank Tells Ant Group To Concentrate On Payments Business

PYMNTS

The regulations will mean that Ant, one of the most valuable startups in the world, will have to rein in its inroads into lucrative areas of business. Ant said it appreciated the bank's statements and would work toward complying, including putting together a timetable and plan of action, WSJ writes.

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At the Money: Meb Faber on Tax Aware ETFs

Barry Ritholtz

(December 4, 2024) Are you holding large, concentrated equity positions that have accrued big gains? Meb Faber, founder and chief investment officer of Cambria Investments, speaks about a new ETF that may be the solution to the challenge of concentrated equity positions. Perhaps they have some founder stock from a startup.

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Apple Buys AI Voice Assistant Startup To Make Siri Smarter

PYMNTS

Siri is getting an assistant by way of the artificial intelligence startup Voysis , which Apple acquired to improve natural language technology, according to a Bloomberg report on Friday (April 3). . Headquartered in Dublin, Voysis has been concentrating its efforts on enhancing digital assistants that are integrated with shopping apps.

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Why Breaking Even Might Be Your Biggest Business Mistake

CFO Plans

This narrow focus can lead to missed opportunities for innovation and expansion, as businesses concentrate on merely covering costs instead of exploring new revenue streams. However, an emphasis on just breaking even often means ignoring critical Business Growth Strategies.

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Snap Buys UK Tech Startup Ariel AI, Signaling Push Into AR

PYMNTS

Ariel AI had been concentrating on a type of AI called computer vision, which is used to develop augmented reality (AR) functionalities, CNBC reported. Snap told the outlet that the AR startup’s workforce became part of its computer vision personnel in London at the end of last year. Ariel AI had landed $1.1

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Open Banking FinTech Enfuce Fights Fraud With Featurespace

PYMNTS

26) that Enfuce — Finland’s largest FinTech startup — is implementing the Featurespace ARIC Risk Hub to protect its clients from cyberattacks. The startup also needed a scalable multi-tenancy process for bringing customizable controls at each level, right down to single organizations.

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1051: Building a Greener Future: A CFO’s Journey in Climate Tech | Derek Warnick, CFO, Electric Hydrogen

CFO Thought Leader

This passion led him to pursue an MBA at MIT Sloan, concentrating on clean energy finance. ” Read More After his MBA, he joined a commodities trading firm but soon took on the role of CFO at a small power development startup. . “I don’t think that the role of a CFO or a finance department should be an afterthought.”

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