Upstart Shows Record AI Automation in Unsecured Loans
Fully automated unsecured loans enabled by Upstart AI technology provide instant and automated approval with no waiting, no documents to upload and no phone calls
Nina Bobro
Japanese Fintech Soramitsu to Develop Asian Cross-Border Payments System Using CBDCs and Stablecoins
Cambodia’s central bank digital currency (CBDC), Bakong, will become the foundation for an expanding international payment system for Asian countries
OpenAI Launches Web Crawling Tool to Train Future AI Models
GPTBot web crawler will collect publicly available data from the world wide web to improve future ChatGPT models
Mastercard Teams With Ukrainian Fashion Brand to Help Injured Children
The new limited-edition jewelry capsule collection from the prominent Ukrainian designer Svitlana Bevza is available exclusively for Mastercard cardholders on priceless.com. The sales proceeds will finance prosthetics and rehabilitation programs for Ukrainian children injured in the course of the ongoing war
NerdWallet Partners upSWOT to Support SMBs
The pilot partnership combines the capabilities of upSWOT data-driven embedded finance tools and NerdWallet Small Business’ financial guidance to empower SMBs with comprehensive solutions
Zoom Clarifies How It Uses Customer Data to Train AI
After a public backlash against AI-related terms and user threats to leave Zoom, the video conferencing platform updated its terms of service
Rajmargyatra App Enables Toll Payments for Indian Highway Users
The National Highways Authority of India (NHAI) has introduced a new app to improve the highway user experience and facilitate FASTag toll payments and related services
CoinGecko Launches Crypto Index of Alleged Securities
The market cap of cryptocurrencies considered securities by the SEC has reached over $91.3 billion, according to CoinGecko
Revolut Partners With Game4Ukraine to Fund School Reconstruction
In honour of the partnership with Game4Ukraine, Revolut will also donate £20 to UNITED24 (a charity initiative of the President of Ukraine) for every customer who signs up to Revolut through the link in @revolutapp’s stories or donation landing page and spends with their card
Remedial Health Gets Fresh Funding From QED to Digitize Nigerian Pharmaceutical Sector
Remedial Health, a Nigerian startup bringing efficiency to the local pharmaceutical value chain has raised $12 million in Series A equity-debt funding to scale up operations
Rapyd Acquires PayU to Accelerate Expansion Plans
The $610 million acquisition deal enables Rapyd to continue its global expansion across emerging markets in Central and Eastern Europe and Latin America
IRS to Tax Crypto Staking Rewards
The Internal Revenue Service (IRS) has come up with taxation rules for those getting income from crypto staking
Worldcoin Wallet App Surpasses 1M Downloads
Worldcoin’s World App exceeds one million wallets, while 346,568 wallets are already holding Worldcoin (WLD) tokens
MAS to Eliminate Corporate Cheques in Singapore: Timeline Revealed
The Monetary Authority of Singapore (MAS) quotes the rising cost of cheque processing as the main reason for abolishing corporate cheques as a payment instrument altogether
Curve Finance Exploit Brings Losses of $47M
Hackers were able to steal over $47 million from several stable pools at Curve Finance – an exchange liquidity pool on Ethereum
EToro Launches Fintech Portfolio, Gets Spanish License
Crypto trading and investing platform eToro has introduced a portfolio offering long-term exposure to leading fintech companies, while also achieving an important legal milestone
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