News - page 11

Fintech & Ecommerce

Financial Institutions Increasingly Use Alternative Credit Data to Assess Consumer Creditworthiness

LexisNexis Risk Solutions research reveals that as traditional credit data provides less visibility into consumer risk, financial institutions worldwide increasingly leverage alternative data in the consumer lending process.

Finance & Economics

Colombia Cuts Key Rate

The central bank of Colombia has ignored calls to intensify the process of cutting interest rates.

Science & Technology

US to Invest $825 Million in New York Semiconductor R&D Facility

The administration of the President of the United States Joe Biden on Thursday, October 31, announced investments in the amount of $825 million in the implementation of a project of a new semiconductor research and development facility in Albany, New York.

Science & Technology

Microsoft Reports Earnings

Microsoft last Wednesday, October 30, released information about its earnings for the first fiscal quarter.

Science & Technology

OpenAI Launches ChatGPT Search

OpenAI on Thursday, October 31, launched a search feature in its chatbot called ChatGPT.

Finance & Economics

Key Fed Inflation Rate Hits 2.1%

In the United States, inflation showed moderate growth in September and approached the Federal Reserve’s target of 2%.

Fintech & Ecommerce

Halloween Sales to Drop and Become Spread Out in 2024

Halloween consumer shopping patterns are changing, with holiday sales expected to fall by $600 million from the record-high figures of 2023.

Fintech & Ecommerce

Worldpay to Offer Klarna as Default Payment Option

Klarna will become a default payment method for Worldpay’s global merchant network, expanding customer access to Klarna’s flexible payment services directly through Worldpay’s platform.

Fintech & Ecommerce

Mastercard Launches AI-Powered Digital Assistant Tool

Mastercard’s new in-house AI capabilities include a chat-based assistant, source management, and learning improvements with human feedback.

Fintech & Ecommerce

Airwallex Reportedly Plans to Raise $200 Million

Media reports indicate that Airwallex, a payments platform, is currently in talks to raise $200 million in investment funds.

Science & Technology

Booking.com Expands AI-Powered Features

Booking.com, a digital travel platform, expands its features, which are powered by artificial intelligence.

Science & Technology

Siemens to Buy Altair

Siemens will buy Altair Engineering, a company specializing in software development.

Finance & Economics

Euro-Area Economy Growth Beats Expectations

In the eurozone, economic growth was recorded in the third quarter of the current year, the pace of which exceeded preliminary expectations for the dynamic of the corresponding indicator.

Finance & Economics

US Economy Demonstrates Solid Growth

In the third quarter of the current year, the United States economy maintained strong growth rates.

Blockchain & Crypto

Visa Direct to Enable Real-Time Account Funding for Coinbase Customers

Coinbase integration of Visa Direct real-time payment service allows eligible Visa debit cardholders to instantly deposit funds into their Coinbase accounts, enhancing the speed and flexibility of transactions.

Science & Technology

Indonesia Bans iPhone 16

Sales of the latest generation of the iPhone smartphone from the US technology giant Apple have been banned in Indonesia.