Mobile bank Current launches a points rewards program for debit card users

Amid a crowded market of mobile banking services, which will soon also include Google, U.S. challenger bank Current is launching a new program that will offer points-based rewards to its checking account customers. The program will allow Current members to earn up to 15x points on everyday debit card purchases …...Read More

Amazon’s 16% bite of Deliveroo finally clears UK competition probe

It’s official: Days after Amazon CEO Jeff Bezos was peppered with awkward questions by US lawmakers concerned about the market power of his ecommerce empire, the UK’s competition regulator has confirmed it’s happy for the tech giant to take a 16% bite out of local on-demand food delivery app, Deliveroo. …...Read More

Microsoft showcases mobile gaming accessories designed to work with Xbox cloud gaming

Way back in the before times of October 2019, Microsoft announced that it would be expanding its Designed for Xbox stamp of approval to a line of mobile accessories. The play was pretty obvious: The company is trying to get serious about smartphone gaming through the backdoor approach of its …...Read More

Yotpo raises $75M for its e-commerce marketing cloud

“Marketing Cloud” has become an increasingly popular concept in the world of marketing technology — used by the likes of Salesforce, Adobe, Oracle and others to describe their digital toolsets for organizations to identify and connect with customers. Now, a startup that is building its own take on the idea …...Read More

UK commits to redesign visa streaming algorithm after challenge to ‘racist’ tool

The UK government is suspending the use of an algorithm used to stream visa applications after concerns were raised the technology bakes in unconscious bias and racism. The tool had been the target of a legal challenge. The Joint Council for the Welfare of Immigrants (JCWI) and campaigning law firm …...Read More

WhatsApp pilots new feature to fight misinformation: Search the web

WhatsApp, one of the most popular instant messaging platforms on the planet, has rolled out a new feature in select markets that makes it easier for users to verify whether the assertions made in messages they have received on the app are true. The Facebook -owned service has enabled users …...Read More

Twitter warns investors of possible fine from FTC consent order probe

Twitter has disclosed it’s facing a potential fine of more than a hundred million dollars as a result of a probe by the Federal Trade Commission (FTC) which believes the company violated a 2011 consent order by using data provided by users for a security purpose to target them with …...Read More

TaxScouts raises £5M Series A to expand to Europe, first stop Spain

TaxScouts, the U.K. tax preparation startup founded by TransferWise and MarketInvoice alumni, has raised £5 million in Series A funding for European expansion. Leading the round is Octopus Ventures, with previous investors SpeedInvest, Seedcamp and Finch Capital, following on. Also participating is Clocktower Technology Ventures, the U.S. venture capital firm …...Read More

Grab launches new consumer financial services, including micro-investments and loans

Grab announced today that its financial unit, which previously focused mainly on services for entrepreneurs and small businesses, is launching a slew of consumer products, including micro-investments, loans, health insurance and a pay-later program. Based in Singapore, Grab began in 2012 as a ride-hailing company before expanding into on-demand deliveries …...Read More

FCC invites public comment on Trump’s attempt to nerf Section 230

FCC Chairman Ajit Pai has decided to ask the public for its thoughts on an attempt initiated in Trump in May to water down certain protections that arguably led to the creation of the modern internet economy. The nakedly retaliatory order seems to be, legally speaking, laughable, and could be …...Read More