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News

Citi Predicts Stablecoin Market to Hit $3.7 Trillion by 2030

Citi predicts that the financial volume of the stablecoins market could reach $3.7 trillion by the end of the current decade.

Fintech & Ecommerce

Stash to Add AI to Financial Guidance Platform

Stash has secured $146 million in a Series H funding round to deepen its investment in artificial intelligence for the company’s financial guidance platform.

Science & Technology

Google Says Gemma AI Model Surpasses 150 Million Downloads

Google reported that its Gemma open-source artificial intelligence model has been downloaded by users more than 150 million times.

Science & Technology

Perplexity AI Reportedly Plans to Launch Browser

The media published information according to which Perplexity AI, which is gradually becoming an increasingly powerful player in the global artificial intelligence industry, is currently in preliminary negotiations on raising investments worth $500 million at a valuation of $14 billion.

News

Dubai to Enable Crypto Payments for Government Services

Dubai Finance and Crypto.com partner to allow UAE citizens to pay for government services with crypto.

Fintech & Ecommerce

Adyen to Offer JCB Card-on-File Tokenization

Merchants who use Adyen platform will soon benefit from even more secure credit card transactions with JCB Card-on-File (COF) Tokenization technology.

Fintech & Ecommerce

How Open Banking Progresses With API-Based Commercial Variable Recurring Payments (CVRPs) 

E-commerce subscriptions are doubling every year, with Gen Z driving its snowballing popularity. Where there’s demand for subscriptions, there’s also a need for efficiency in recurring payments. CVRPs are getting significant interest share from merchants and payment service providers, making them a potential new stage in open banking progress.

News

Virtual Card Payments Go Mainstream in U.S.

Not only do Gen Z and millennials in the U.S. embrace virtual cards, but also older age cohorts resort to this innovative payment method if providers manage to raise proper awareness.

Fintech & Ecommerce

Byline Bank Expands Payments and Fintech Banking Group

Byline Bank on Monday, May 12, announced the expansion of the Payments and Fintech Banking division.

News

Saudi Arabia Launches New AI Company

Saudi Arabia has launched a company to invest across the artificial intelligence value chain.

News

Alipay Launches Voice Call to Boost Financial Security

Alipay has launched a voice call feature that allows consumers to double-check their real identity before making fund transfers.

Science & Technology

Relevance AI Raises $24 Million

Relevance AI has secured $24 million in Series B funding.

Fintech & Ecommerce

NymCard Launches Open Finance Services

NymCard, the leading embedded finance platform in the MENA region (Middle East and North Africa), has announced that it has been officially licensed to provide Open Finance services to consumers.

Fintech & Ecommerce

DeFi Technologies Receives Approval to List on Nasdaq

DeFi Technologies, which operates in the fintech industry and is a pioneer in the area of convergence of traditional capital markets with the decentralized finance sector, announced that it has received approval to list its common shares on the Nasdaq Capital Market.

News

Wirex Business Expands Corporate Stablecoin Payments to BASE

Wirex Business aims to make stablecoin payments mainstream in corporate settings, integrating them with both BASE and traditional enterprise-grade infrastructure.

Fintech & Ecommerce

From Cards to Direct Transfers: The A2A Payment Transformation in Europe and Beyond

The global payment landscape is rapidly changing driven by a seismic shift in popular transaction methods. A closer look at payment statistics reveals that account-to-account (A2A) transfers are ascending in importance. Its growing dominance among other payment types is especially evident in the European market.