As U.S. credit card balances continue to march above $1 trillion, the number of newly delinquent credit card users now exceeds the pre-pandemic average and…
Moving clinical trials out of the hospital and into general practice
Clinical trials are, by necessity, subject to rigorous guidelines to protect human health. Proactive’s Phoebe Shields talks to Evrima founder and CEO…
CFPB proposes to treat digital wallets more like banks
Meta, Apple, Alphabet and other companies that offer digital wallets and payment apps would fall under U.S. Consumer Financial Protection Bureau supervision under a newly…
Can Citi’s instant-credit products gain ground with smaller shops?
After three decades of relying on large retailers like Macy’s to promote its private-label credit services, the bank is taking its point-of-sale financing to smaller…
Fed’s Goolsbee says ‘golden path’ of a huge drop in inflation without a recession is still possible
Chicago Fed President Austan Goolsbee said a soft landing is still on the table as the Fed seeks to combat inflation without hurting the economy significantly.
PayPal rival fintech Adyen faces investor confidence test
Five years after going public, with growth slowing and the stock trounced, losing 57% in just the last three months, investors are demanding a clear…
Digital payments firm Razorpay elevates Rahul Kothari as COO
In his new, expanded role, Kothari will work closely with company founder and chief executive Harshil Mathur to develop and implement strategies to improve its…
Mining 101: Open pits (mines of global scale)
The concept of an open-pit mine is both visually arresting and industrially significant. An open-pit mine, often referred to simply as an open pit, is…
Mining 101: All you need to know about recoveries
The term ‘recovery’ in process metallurgy is pivotal, signifying the proportion of valuable material obtained during the processing of an ore. It represents…
OpenAI’s DevDay heralds significant enhancements and reduced costs
During its first-ever developer conference, OpenAI has launched a suite of new models and developer tools, alongside notable reductions in pricing. Key…