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JPMorgan Chase & Co
JPMorgan pursued Discover deal before Capital One’s $35bn offer
...payments network....
March 7, 2024
Law
Lynton Crosby’s CT Group accused of supplying forged records in court disputes
...CT Group has filed an application in New York court for records from electronic clearing and settlement platforms to try to and prove the alleged transactions in the Green case....
February 24, 2024
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
Artificial intelligence
Google and Universal Music negotiate deal over AI ‘deepfakes’
...Grimes, the electronic artist, has offered to let people use her voice in AI-generated songs and split the royalties....
August 8, 2023
LexCapital One Financial Corp
Capital One faces steep bill to shift from digital lender to tollkeeper Premium content
...Or they are enabling secure electronic transactions at light speed around the globe. But there is a clear sense that scale matters in payments and there will be big winners who take all....
February 20, 2024
Google LLC
Google to pay $700mn in antitrust settlement over Android app store
...Google will also allow developers to steer consumers outside its store to other payment methods....
December 19, 2023
US-China relations
Blinken to warn China over weapons-related exports to Russia
...Four top Chinese lenders selectively stopped accepting payments from Russia last month, according to Russian media reports, particularly in relation to transactions for critical electronic components....
April 20, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Unhedged
What Big Tech antitrust gets wrong Premium content
...Carriers big and small are hooked into the same system....
January 19, 2024
War in Ukraine
Ukraine adopts new mobilisation law to boost military
...An electronic registry will be set up, allowing recruitment centres to ditch their paper systems....
April 11, 2024
Google LLC
Google chief Sundar Pichai grilled on the stand in Epic’s app store lawsuit
...Wall Street analysts had previously put the company’s payments to Apple at $16bn-$20bn a year....
November 14, 2023
News in-depthGoogle LLC
Google’s Epic legal battle opens up on another front
...payment system, leaving them paying higher fees....
November 6, 2023
Rana Foroohar
Content creators fight back against AI
...That started to change a couple of years ago, when Australia, followed by Canada, forced tech platforms to negotiate payments with publishers....
January 8, 2024
Google LLC
Google loses antitrust lawsuit against Epic over its app store
...What distinguishes Google from Apple, which makes the iPhone, is that Google does not control the hardware that uses its operating system....
December 12, 2023
LexHedge funds
Multi-managers: Marshall’s pod blast highlights booming platforms Premium content
...As a hedge fund tycoon, Paul Marshall was not the obvious candidate to call out the payment of “incredible amounts” to hedge fund managers....
November 9, 2023
News in-depthMergers & Acquisitions
Dawn of the credit card war? Capital One takes on Visa and Mastercard
...In September, Discover agreed to improve its consumer compliance management system under a consent order from the FDIC....
February 22, 2024
InterviewEpic Games Inc
Epic Games chief concerned Google will ‘get away’ with app store charges
...“It was just really heartening to see that the justice system worked so well in the end.”...
December 16, 2023
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Markets InsightBarry Eichengreen
CBDCs still have not found their raison d'être
...One is by linking instant payments systems across countries....
December 5, 2023
War in Ukraine
Biden issues new sanctions against Russia in response to Navalny death
...Targets of the new US measures include the National Payment Card System Joint Stock Company, which underpins Russia’s Mir payment system....
February 23, 2024
US retail
Cyber Monday online shopping spree forecast to break record
...According to Mastercard SpendingPulse, which measures activity in stores and online across all forms of payment, US retail sales on Friday excluding automotive categories were up 2.5 per cent year on year...
November 27, 2023
Special ReportThe Future of Banking
Brazil counts success with Pix payments tool
...Globally, Pix ranks as the second most-used real-time electronic transfer system, only after India’s United Payments Interface, according to a report by ACI Worldwide....
September 18, 2023
Sovereign bonds
The world’s oldest living bond
...Further reading: — How bonds ate the financial system....
August 9, 2023
Post Office scandal
What was Fujitsu’s role in the Post Office scandal?
...Stephen Mason, a barrister and joint-editor of Electronic Evidence, said claims that these logs would cost tens of thousands of pounds to disclose suggested the system was of poor quality and design....
January 16, 2024
#techAsia
Japan’s chip supplier surprise and Vietnam’s educational returns Premium content
...I saw few foreign faces, and few shops, except international brands in big shopping malls, would accept Visa or Mastercard payment....
February 22, 2024
Autumn Statement
UK’s biggest companies excluded from business rates freeze
...Alex Baldock, chief executive of electronics retailer Currys, called the rates situation “unfair” and said the system required a complete overhaul....
November 22, 2023
News in-depthUK infrastructure
Rail chaos prompts fresh calls to nationalise England’s West Coast line
...Customers have also endured hours sitting on the floor because of overcrowding and double-booked seats, alongside frequently broken on-board services including hot water, air conditioning and card payment...
April 15, 2024
#techAsia
China’s iFlytek looks abroad, minidramas go viral Premium content
...It made a splash as the tech industry is looking for new ways for people to interact with electronics devices in the AI era....
March 7, 2024

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