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Mastercard Partners With MTN, Acquiring Minority Stake in Its Fintech Business
Fintech & Ecommerce

Mastercard Partners With MTN, Acquiring Minority Stake in Its Fintech Business

Africa’s largest mobile network operator MTN has sold a minority stake in its fintech arm to the payment giant Mastercard to support the acceleration and growth of the business’s payments and remittance services.

Ant Group Partners Central Retail Corporation to Launch Alipay+ in Thailand
Fintech & Ecommerce

Ant Group Partners Central Retail Corporation to Launch Alipay+ in Thailand

The partnership aims to target Asian tourists travelling to Thailand and shopping at brands under Central Retail, providing them with convenient checkout methods via Alipay+ with their local mobile wallet

SK Telecom Invests Additional $100M in Anthropic AI
Science & Technology

SK Telecom Invests Additional $100M in Anthropic AI

In addition to the investment, South Korea’s telecom operator has entered into a partnership agreement with AI provider Anthropic to build a large language model (LLM) customized for telcos

UAE to Establish Blockchain-Based National Carbon Credit System
Blockchain & Crypto

UAE to Establish Blockchain-Based National Carbon Credit System

The Ministry of Climate Change and Environment (MoCCAE), the Industrial Innovation Group LLC and Venom Foundation to jointly establish a national system for carbon credits using blockchain technology

PayPal Launches New Crypto Feature: Select Users Are Soon to Test Cryptocurrencies Hub
Blockchain & Crypto

PayPal Launches New Crypto Feature: Select Users Are Soon to Test Cryptocurrencies Hub

To be eligible for the new Cryptocurrencies Hub, a PayPal user must have “a personal PayPal account and a Balance Account in good standing”

US Government Gives Green Light to First National Direct Air Capture (DAC) Projects
Science & Technology

US Government Gives Green Light to First National Direct Air Capture (DAC) Projects

The Project Cypress by Battelle and clean technology developers Climeworks and Heirloom received Notification of Selection from the U.S. Department of Energy (DOE) for the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program

Researchers Develop AI System to Track Crypto Giveaway Scams
Blockchain & Crypto

Researchers Develop AI System to Track Crypto Giveaway Scams

The AI system discovered over 95K scam lists between June 2022 and June 2023 that were created from 87,617 accounts on the X (former Twitter) social network

SEC Delays Its Verdict on Spot Bitcoin ETF
Blockchain & Crypto

SEC Delays Its Verdict on Spot Bitcoin ETF

The US securities regulator extended the decision deadline on a joint spot bitcoin ETF application from ARK/21Shares and sought public comment

Moove Raises $76 Million to Transform Financial Services for Mobile Gig Workers
Fintech & Ecommerce

Moove Raises $76 Million to Transform Financial Services for Mobile Gig Workers

The funding round led by Mubadala and BlackRock brought African-born, global mobility fintech Moove $76M to accelerate its expansion

Argentinian Regulator Investigates Worldcoin
Blockchain & Crypto

Argentinian Regulator Investigates Worldcoin

The Agency for Access to Public Information in Argentina adds to the list of government bodies globally investigating Worldcoin over privacy concerns

RBI Introduces Conversational Payments With AI Involved
Fintech & Ecommerce

RBI Introduces Conversational Payments With AI Involved

The Reserve Bank of India is using innovative fintech developments to strengthen the country’s UPI payment system with AI-powered “conversational” payments

Ukraine Drafts Digital Artefact Legislation
Blockchain & Crypto

Ukraine Drafts Digital Artefact Legislation

Digital artefacts and related content are to become new objects of civil rights in Ukraine, opening up new legal ways of money-making for Ukrainians

AWS to Support Early-Stage Startups
Society & Lifestyle

AWS to Support Early-Stage Startups

AWS Build is a new global program aimed to support entrepreneurs at early business stages to build, refine, and launch their innovative applications

Aptos & Microsoft Enhance Web3 With AI
Blockchain & Crypto

Aptos & Microsoft Enhance Web3 With AI

Aptos Labs is integrating Microsoft Azure OpenAI Service into its blockchain network to create new web3 builder resources

Coinbase to Open Its L2 Blockchain to Public
Blockchain & Crypto

Coinbase to Open Its L2 Blockchain to Public

Being already used for bridging, the Base mainnet is to open for everyone and all use cases on August 9

Airtel Africa and Mastercard Launch New Remittance Transfer Service
Fintech & Ecommerce

Airtel Africa and Mastercard Launch New Remittance Transfer Service

The new service can potentially benefit 100 million mobile phone users across the continent