Airbnb CEO Says About Potential of Gen AI
Airbnb, an online platform for hosting and searching for short-term rental of private housing around the world, considers artificial intelligence as a force that can transform the tourism industry.
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Shopify to Use AI to Give Merchants Competitive Advantage
Shopify, one of the main providers of software and services for sellers who carry out their activities in the virtual space, considers artificial intelligence as a tool for providing competitive advantages to those who interact with this company.
UK BNPL Use Shows Growth
In the UK, against the background of the cost of living crisis, the use of the Buy Now, Pay Later (BNPL) service has sharply increased.
Southeast Asia’s Digital Economy to Hit $218 Billion in 2023
In the Google, Temasek, and Bain & Company report there is a forecast that the total value of transactions in the space of the digital economy of Southeast Asia will reach $218 billion this year.
AU Small Finance Eyes Fincare Acquisition
The agreement between AU Small Finance Bank and Fincare Small Finance Bank presupposes a merger in a $530 mln all-stock deal.
What Are Smart Ration Cards and How do you Get One?
With the advancement of technology, food distribution among the poorest of the poor has become “smarter” with smart ration cards. What those are and how to use them in different regions of India – here is a handy guide for all those concerned.
7 Best Payment Gateway In Nigeria
The digital age has transformed the way businesses operate, especially when it comes to e-commerce and online transactions. In Nigeria, one of Africa’s most dynamic economies, this transformation is evident in the burgeoning e-commerce sector. With the increasing number of businesses offering their products and services online, the need for reliable and secure payment gateways has become […]
Two-Thirds of Businesses to Use Fewer PSPs
The new report shows that businesses worldwide are planning to cut their supplier list, with using fewer payment service providers (PSPs) considered to be the main way to reduce operational costs.
Nubank Customer Base in Latin America Surpasses 90 Million
Brazilian challenger Nubank has surpassed 90 million customers in Latin America across its operations in Brazil, Colombia, and Mexico.
Why Is the US Slow to Adopt Instant Payments?
One of the most progressive countries in the world, the US, oddly is lagging behind emerging economies when it comes to payment innovations. As the whole world is rushing to satisfy the public demand for real-time payments, the USA is taking its time to implement instant money transfers into the national financial system. Why is […]
Citi Uses Generative AI to Read New Capital Rules
Citigroup intends to provide more than 40,000 of its programmers with access to generative artificial intelligence amid Wall Street’s growing interest in advanced technology that is projected to surpass human mental abilities in the foreseeable future.
OCBC Bank Rolls Out Internal Generative AI Chatbot
A generative artificial intelligence (AI) chatbot will be available to OCBC’s 30,000 employees globally in November to assist them with writing, research and ideation.
SEPA to Migrate to ISO 20022 Next March
Sepa Credit Transfer, Sepa Instant Credit Transfer, Sepa Direct Debit Core, and SDD Business-to-Business are postponed to migrate to ISO 20022 in March 2024, instead of this November.
Truist Bank Collaborates With Trovata to Improve Liquidity Management
Truist Bank announced the beginning of a partnership with Trovata, which is a provider of banking application software interfaces (APIs) and corporate cash management services.
U.S. Bank Launches Avvance Installment Payment Tool
U.S. Bank announced the launch of a tool, the use of which provides businesses with the opportunity to offer consumer financing at points of sale.
Revolut Continues Its Attempts to Obtain British Banking License
Revolut continues its difficult path to obtaining a banking license in the United Kingdom.
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