News - page 104

Fintech & Ecommerce

MultiSafepay Integrates With Antom by Ant International

As a wholly-owned subsidiary of Ant International, MultiSafepay will integrate with Antom to promote accessible payment solutions and digitalization services to SMEs across Europe.

Science & Technology

French Antitrust Regulator Reportedly Targets Nvidia

The media reports that charges will be filed in France against the US developer of chips Nvidia for violating antitrust laws.

Fintech & Ecommerce

Revolut CEO Demonstrates Optimism About UK Bank License Approval

The head of Revolut, a financial technology industry giant based in the United Kingdom, Nikolay Storonsky, said he was optimistic about the prospects that this company would receive a banking license from the UK authorities.

Fintech & Ecommerce

Basware Announces Integration With Amazon Business

Basware, a provider of solutions designed for accounts payable automation and procurement, announced integration with Amazon Business.

Fintech & Ecommerce

Physical Cards Drive Passwordless Future

Adam Lowe, chief product and innovation officer at metal premium card issuer CompoSecure, whose digital security platform Arculus streamlines digital authentication processes and secures digital assets while talking to the media, said that the traditional physical card can become a hands-free conduit for seamless trading.

Fintech & Ecommerce

RBI Joins Project Nexus for Seamless Cross-Border Payments

RBI joins BIS cross-border payment initiative Project Nexus to facilitate instantaneous retail payments among ASEAN countries.

Blockchain & Crypto

Circle Achieves MiCA Compliance for USDC and EURC Stablecoins

Circle has become the first stablecoin issuer to receive a French license for USDC and EURC to debut in the Union under one of the world’s most comprehensive regulatory regimes for digital assets – MiCA.

Fintech & Ecommerce

State Bank of India Rolls Out Web-Based Invoice Financing Solution

The State Bank of India has launched a web-based invoice financing solution for microbusinesses and small and medium-sized businesses.

Fintech & Ecommerce

Robinhood Acquires AI-Driven Platform Pluto

Robinhood Markets Inc. has agreed to acquire Pluto Capital Inc., the artificial intelligence research platform.

Finance & Economics

South Korea’s Export Grows Amid Record Chip Sales

In June, an increase in South Korea’s export activity was recorded.

Finance & Economics

China’s Factory Activity Rises

In China, last month, an increase in the factory activity of local companies belonging to the private sector was recorded.

Science & Technology

Google & BlackRock to Develop New Solar Capacity in Taiwan

The 1-gigawatt pipeline of a new solar facility in Taiwan, co-developed by Google and BlackRock, can boost energy capacity and cut carbon emissions amid the artificial intelligence boom.

Finance & Economics

BlackRock to Acquire Preqin Data Group for $3.2B

UK data firm Preqin will enhance BlackRock Aladdin tech business by combining data, research, and investment processes for fund managers.

Science & Technology

SK Hynix to Invest $75 Billion in Chips

SK Hynix Inc., the semiconductor unit of South Korea’s SK Group, intends to invest 103 trillion won ($74.8 billion) in the chip area by 2028.

Science & Technology

Meta Faces EU Charges Over ‘Pay or Consent’ Policy

EU regulators believe Meta may leave its users no other viable option but to allow tracking their personal data for advertising purposes with its ‘pay or consent’ policy.

Finance & Economics

China’s Central Bank to Borrow Treasury Bonds From Primary Market

On Monday, July 1, the People’s Bank of China announced its intention to borrow treasury bonds from some traders in the primary market shortly.