Brazil’s Itaú gets OCC’s conditional approval for US charter
Itaú, Latin America's largest bank, received conditional approval from the Office of the Comptroller of the Currency to establish a US national bank charter. The bank will operate through a single Miami branch, offering deposit accounts, mortgages, and credit cards to high- and ultra-high-net-worth individuals.
Read full story →Amazon Envisions Next-Generation Automated Stations to Process Packages 2.5 Times Faster
Amazon is developing automated delivery stations that process packages 2.5 times faster than current facilities using artificial intelligence and robotics. The initiative, called Project Tetromino internally, aims to automate various warehouse tasks.
Hawaii-Based American Savings Bank Files for IPO
American Savings Bank filed a registration statement on Form S-1 with the Office of the Comptroller of the Currency for a proposed initial public offering. The Hawaii-based community bank made the filing public on Monday, August 24.
Instacart’s AI Assistant Turns Chitchat Into Cha-Ching
Instacart's advertising revenue exceeded $1 billion in 2025, reaching nearly 100,000 stores across more than 2,200 retail banners. The company operates sponsored content formats designed to direct shoppers toward brands.