News - page 110

Fintech & Ecommerce

Walmart Looks to Generative AI as Grocers Tap Self-Service

At a time when grocers are coming up with the most effective results of using a self-service strategy while simultaneously eliminating the shortcomings of this format, Walmart is actively paying attention to artificial intelligence to make its digital tools smarter and increase their effectiveness.

Fintech & Ecommerce

eBay and Techstars Launch Accelerator Program for Innovations in eCommerce

eBay and Techstars, as part of the implementation of the cooperation program, intend to launch an acceleration initiative for companies that carry out their activities in the field of e-commerce and are at an early stage of existence.

Society & Lifestyle

Starling Bank Enables ‘Hide References’ to Aid Economic Abuse Victims

Starling Bank launched an unprecedented feature that enables abuse victims to switch off intimidating and offensive payment references that can accompany bank transfers

Finance & Economics

European Tech Startup Funding to Drop 39%: Forecast & Implications

European tech startups are witnessing another tough year, the funding is steadily falling, largely due to a retreat from US investors

Blockchain & Crypto

El Salvador to Use Volcano Energy for $1B Bitcoin Mining Park

The small country of El Salvador is home to 30 volcanoes, 20 of which are potentially active. This “volcano energy” will not go to waste, being harnessed for an ambitious $1B Bitcoin mining project

Blockchain & Crypto

Americans Are Sceptic About CBDC: Survey

A recent survey found that twice as many Americans are against (34%) the Federal Reserve offering a CBDC compared to those who favour centralized cryptocurrencies (16%)

Blockchain & Crypto

SEC Sues Binance: Charges Revealed

Through thirteen charges on 136 pages, SEC alleges that Binance and its CEO Changpeng Zhao “engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law”

Finance & Economics

Apple Sets for Record High Ahead of Mixed-Reality Headset Launch

The value of Apple shares on Monday trading shows record high values on the eve of one of the most significant events in the history of the company associated with the launch of new technological generation products.

Fintech & Ecommerce

Helium Health Gets $30 Million

The African startup Helium Health announced the attraction of investment funds in the amount of $30 million following the results of the Series B financing round.

Fintech & Ecommerce

BIS Successfully Tests Quantum-Safe Financial Communications

The BIS Innovation Hub Eurosystem Centre in partnership with European banks has successfully set up a quantum-safe communication channel that shields financial data

Fintech & Ecommerce

Robinhood Customers Shift to High-Yield Deposits Amid Banking Turmoil

Robinhood Markets reports that its customers are switching to high-yield deposits.

Science & Technology

Telecoms and Amazon Dismiss Notion of Joint Wireless Effort

American telecommunications giants have refuted plans to establish partnerships with Amazon in order to provide cheap wireless communications to Prime users.

Blockchain & Crypto

Atomic Wallet Users Lose for $35 Million Worth of Bitcoin, Ether, Tether and Other Tokens

Atomic Wallet reported on Monday, June 5, that less than 1% of its users who are active on a monthly basis suffered financial damage as a result of a hacker attack recorded last weekend.

Blockchain & Crypto

JPMorgan Turns to Blockchain for Dollar Trades in India Hub

JPMorgan Chase, together with several Indian banks, will launch a project aimed at creating a blockchain-based platform.

Finance & Economics

UBS to Complete Credit Suisse Takeover by June 12

UBS expects to finalize its takeover of Credit Suisse as early as June 12, emerging from this rescue deal as a giant Swiss bank with a balance sheet of $1.6 trillion

Blockchain & Crypto

US Bill Proposes to Change SEC Role in Crypto Regulation

House Republicans have unveiled legislation that addresses the role of regulators such as the SEC in the crypto industry, aiming to maintain the balance between consumer protection and encouraging responsible innovation