Synctera, the banking-as-a-service platform that connects fintech programs to sponsor banks, has raised 24.5 million dollars. Multiplier Capital, Fin Capital, 1st and Main Growth Partners, Diagram and NAventures took part. The company has now raised 126.7 million dollars in total. The round is small by 2021 standards. What makes it worth reading is the reason Synctera gives … [Read more...] about Synctera Raises 24.5 Million Dollars as Banks Come Back to BaaS After the Compliance Crackdown
First Tokenized US Stock Trade Under the SEC Innovation Exemption Settles on Canton for 30,296 Dollars
The first trades of a tokenized US stock under the SEC's new innovation exemption went through on November 4. Four purchases, 14,460 shares of Canton Strategic Holdings, which trades on Nasdaq as CNTN, for a total of $30,296. Small money. The plumbing is the news. The exemption, issued September 17, lets qualifying venues run automated liquidity pools for tokenized shares … [Read more...] about First Tokenized US Stock Trade Under the SEC Innovation Exemption Settles on Canton for 30,296 Dollars
Lyft Launches Lyft Go at 9.99 Dollars With DashPass Included as Q3 Rides Hit a Record 274 Million
Lyft reported its third quarter on November 5 and launched a new membership the same day. The membership is the more interesting of the two. Lyft Go costs $9.99 a month or $96 a year, exactly what Uber One costs. It includes DoorDash's DashPass and pays 8% of the base fare back in Lyft credits, capped at $40 a month, which a rider hits at $500 of fares. Credits work on Lyft … [Read more...] about Lyft Launches Lyft Go at 9.99 Dollars With DashPass Included as Q3 Rides Hit a Record 274 Million
Visa Paid $5.1 Billion in Client Incentives in Its Fiscal Fourth Quarter, Growing 21 Percent Against 13 Percent Revenue Growth
Visa reported its fiscal fourth quarter on October 27, and the headline numbers were the kind the company likes to print. Net revenue was $12.1 billion, up 13%. Non-GAAP earnings per share were $3.48, up 17%. For the full year ended September 30, net revenue came to $45.9 billion, up 15%, which chief executive Ryan McInerney called the strongest growth in more than 15 years … [Read more...] about Visa Paid $5.1 Billion in Client Incentives in Its Fiscal Fourth Quarter, Growing 21 Percent Against 13 Percent Revenue Growth
Tokening, Selectivity, and EByte Address Small Failures That Disrupt Business Workflows
A publishing assistant edits the wrong record. An importer produces a total that changes only when particular transactions occur together. A file-editing tool writes something that looks structurally correct but fails in the application meant to open it. Recent work on Tokening, Selectivity and EByte addresses these smaller operational problems, where the business consequence … [Read more...] about Tokening, Selectivity, and EByte Address Small Failures That Disrupt Business Workflows
American Express Raises 2026 Guidance and Cuts About 3,500 Jobs as Spending Growth Slows
American Express reported its third quarter on October 23, raised its full-year earnings guidance and, in the same breath, said it would cut about 5% of its workforce. CEO Stephen Squeri put the number at roughly 3,500 people out of about 78,000. It is the company's first large round of cuts in about a decade. The last big one, in 2013, took out 5,400 jobs. Shares fell about … [Read more...] about American Express Raises 2026 Guidance and Cuts About 3,500 Jobs as Spending Growth Slows
AI Comes for the Cash-Flow Spreadsheet
A business can report a profit and still struggle to pay its bills if customers pay late and expenses arrive early. That is the practical territory FIS is targeting with its Agentic Insights Suite, announced October 12. The product is designed for finance teams managing cash, collections, liquidity and risk across information scattered among different systems. It is a more … [Read more...] about AI Comes for the Cash-Flow Spreadsheet
Press Release Digest, September 17-18, 2026
AI infrastructure & semiconductors CoreWeave had three separate releases: a proposed $3.0 billion convertible senior notes offering, a new at-the-market equity offering program, and a note that it's still signing new compute capacity deals at higher prices. Three fundraising-adjacent releases in one week from a GPU cloud name is worth a look given semiconductor and AI … [Read more...] about Press Release Digest, September 17-18, 2026
Why I’m Enrolling in an API Course
I’m enrolling in an API course because I want to move beyond simply using APIs and develop a much deeper understanding of how they actually work. I’ve worked with websites, technology, and online services for years, but APIs are becoming such a fundamental part of modern applications that I want to be much more comfortable building with them myself. What I’m looking for is … [Read more...] about Why I’m Enrolling in an API Course
SanDisk (SNDK) Buyback: The $4.5 Billion Already Spent Sits Above Today’s Share Price
The headline from SanDisk's fiscal fourth quarter was a $14 billion repurchase authorization, lifting the total remaining limit to $15.5 billion. The number that carries more information is $4.5 billion, which is what the company actually spent buying its own stock during the quarter. That figure represents 89% of the $5.035 billion in adjusted free cash flow generated in the … [Read more...] about SanDisk (SNDK) Buyback: The $4.5 Billion Already Spent Sits Above Today’s Share Price