Revolut Gets Long-Awaited UK Banking License
Revolut startup, which operates in the fintech industry, on Thursday, July 25, announced the receipt of a banking license in the United Kingdom.
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Mastercard Rolls Out AI to Combat Card Fraud
Mastercard has presented a new approach to identifying compromised payment cards, which involves using a combination of generative artificial intelligence and graph technology.
Vanta Raises $150 Million
Online security and compliance management platform Vanta on Wednesday, July 24, announced that it has managed to raise $150 million in investment funds as part of a new round of financing led by venture capital company Sequoia Capital.
Alphabet Profit Surges 29% in Q2 Despite AI Research Losses
Google’s parent company Alphabet saw significant profit growth notwithstanding the tremendous AI-related spending.
Santander Reports Q2 Earnings
Banco Santander SA has raised its revenue growth target in 2024.
Revolut Reportedly to Hit $45 Billion Valuation After Share Sale
The media reports that Revolut is currently preparing for a share sale that would value it at $45 billion.
9 Places From Dubai To Visit During The Holiday Weekend
Thanks to Dubai’s strategic location and vast network of flights, some cities can be accessed by travelers with ease, especially the ones who are planning a weekend getaway from Dubai.
Cybersecurity for Accountants: Protecting Financial Data in a Digital World
Accountants handle a great deal of confidential information, and without proper cybersecurity measures, the risks are significant. We’re here to explain everything a diligent accountant must do to keep data safe.
Visa Says About Effectiveness of AI in Combating Fraud
Visa said that as a result of its activities investing in artificial intelligence and other technologies, last year, through the use of advanced functional solutions to ensure financial security, it managed to block the process of making 80 million fraudulent transactions totaling $40 billion.
GoTo Launches Dira AI Fintech Voice Assistant
Dira by GoTo AI is the first ever AI-enabled fintech voice assistant in Bahasa Indonesia that can help users easily discover GoPay app features and perform various tasks faster.
Meta Launches Biggest Llama 3 AI Model
Meta Platforms on Tuesday, July 23, presented its biggest artificial intelligence model called Llama 3.
Amazon Reportedly Plans to Launch Paid Tier of Alexa
The media reports that Amazon plans to launch a paid tier of Alexa this month.
Brazil’s Central Bank Delays Launch of Recurring Payments Feature
The Central Bank of Brazil has decided to postpone the launch of the recurring payments feature to be added to the instant payment transaction system called Pix.
Amazon Calls for Global Rules for Responsible AI
Amazon has stated that there is a need for global alignment of responsible measures in the artificial intelligence industry.
The Business Show Asia Approaches Late August
The Business Show is the world’s leading event for entrepreneurs, business owners and start-ups. Running for 25 years, The Business Show takes place in locations across the globe including London, Los Angeles, Miami, and Singapore, and the team behind the event have plans to continually expand to reach more countries and markets. The Business Show […]
1 Swiss Launches AI-Driven Client Portfolios
Genève, Switzerland – 1 Swiss.com, a financial services provider, has introduced a new offering aimed at enhancing client investment strategies through advanced artificial intelligence technology.
