News - page 107

Science & Technology

Altman Calls On China to Help Shape AI Safety Guidelines

Sam Altman, Chief Executive Officer of OpenAI, said that China should become one of the main participants in the discussion on the development of artificial intelligence and the strategy of applying advanced technologies in the space of human life.

Science & Technology

Sunak Keeps Up Push to Make UK Leader in AI Regulation

British Prime Minister Rishi Sunak on Monday, June 12, according to information available to the media, will make a statement, which will be a continuation of his consistent public campaign aimed at promoting the claim that the United Kingdom should become a leader in regulating of the development and dissemination of artificial intelligence.

Fintech & Ecommerce

HSBC Launches Startup and Tech-Focused Innovation Banking Unit

HSBC rebrands and expands previously acquired SVB UK as the HSBC Innovation Banking unit to provide banking services to the startup, investor, and broader tech community

Blockchain & Crypto

Nigerian SEC Targets Binance Following the US Suite

Binance is facing legal troubles in Nigeria a few days after the US SEC took legal action against the world’s largest cryptocurrency exchange

Blockchain & Crypto

a16z Crypto Expands to UK

A “predictable business environment” is one of the main factors behind a16z crypto decision to expand to the UK

Science & Technology

OpenAI CEO Calls For Global Cooperation to Regulate AI

Sam Altman, CEO of OpenAI, during a visit to South Korea on Friday, June 9, called for coordinated international regulation of the process of development and dissemination of generative artificial intelligence.

Fintech & Ecommerce

Nike Renews Relationships With Retailers in Shift From D2C Focus

Nike products will be available again in the warehouses of designer shoes.

Society & Lifestyle

Meta to Appeal Kenya’s Court Decision

Meta plans to appeal the Kenyan court’s decision, according to which the company received the status of an employer of moderators of content published on the platforms of the technology giant in sub-Saharan Africa.

Fintech & Ecommerce

SoFi Debuts Student Loan Tool

SoFi presented a financial instrument through which consumers can repay student loans and at the same time save money for retirement.

Fintech & Ecommerce

American Express and Plaid Streamline Onboarding for FinTech Apps

American Express and Plaid have established cooperation in order to optimize and simplify the process of using fintech applications.

Finance & Economics

UK Tribunal Halts Proposed Class-Action Lawsuits Against Mastercard and Visa

In the UK, lawsuits against Mastercard and Visa have been suspended.

Fintech & Ecommerce

B2B BNPL Provider Hokodo Acquires European Payments License

The B2B service provider Buy Now, Pay Later (BNPL) Hokodo has acquired a license, the presence of which grants the right to operate in all European financial markets.

Society & Lifestyle

Mark Zuckerberg Shares AI Products to Reassure Workers of Strategy

The chief executive officer of Meta Platforms, Mark Zuckerberg, tried to reassure the company’s employees about the prospects for implementing the current development strategy of the technology giant, which provides for the concentration of significant forces and resources on activities related to the introduction of artificial intelligence.

Fintech & Ecommerce

Plaid Adds ID Verification Across Platforms

Enhanced verification features from Plaid enables previously verified users to sign up for additional digital finance apps without proving their ID over and over again

Fintech & Ecommerce

BNY Mellon Partners With MoCaFi on Payments to the Unbanked

The new service from BNY Mellon Partners and MoCaFi is designed for federal, state and local governments and corporations looking to reach those who are unbanked or underbanked

Blockchain & Crypto

Stakes Get Higher in SEC vs Ripple Case

As SEC is suing more and more high-profile crypto exchanges, all eyes are on the long-lasting Ripple case again