News - page 115

Science & Technology

OpenAI Launches Grant Program, Expands iOS App

OpenAI is ready to fund the development of proofs-of-concept that could establish democratic processes for overseeing AI, while its iOS app version expands to 45 more countries

Fintech & Ecommerce

Pesto Raises $11 Million and Launches Asset-Backed Credit Card

Pesto reported raising $11 million in financing and launching an asset-backed credit card.

Fintech & Ecommerce

Indonesia’s Latest Unicorn Is Aquatech Startup: What Does It Do?

eFishery is building an aquatech ecosystem where fish and shrimp farmers in Indonesia could easily scale up their businesses, providing farmers with access to financing and an online feed marketplace

Blockchain & Crypto

Japan Tightens Crypto Rules

Already having one of the strictest cryptocurrency regulations in the world, Japan is going to introduce even stricter measures against money laundering in the crypto industry starting from 1 June 2023

Fintech & Ecommerce

Lazada Enhances Online Shopping With ChatGPT

One of the largest e-commerce operators in Southeast Asia – Lazada – introduced a ChatGPT-powered chatbot called LazzieChat to help users optimize their shopping experience

Finance & Economics

Germany Falls Into Recession

Germany has slipped into recession amid a decline in consumer spending after last year’s shock in energy prices.

Fintech & Ecommerce

Barclays Bank Invests £3 Million in Trade Ledger

Barclays Bank has directed investments of 3 million pounds to the development of Trade Ledger.

Finance & Economics

Moonfire Raises $115 Million for AI-Centric Early-Stage Startups

Moonfire Ventures announced that it managed to attract investment funds for $115 million, which will be used to financially support startups in the field of artificial intelligence that are at the early development stage.

Fintech & Ecommerce

HSBC Hong Kong Debuts POS Financing for B2B Sales

The Hong Kong division of the banking giant HSBC has announced the launch of a B2B transaction financing tool.

Finance & Economics

Citigroup Plans IPO for Mexican Banking Unit Banamex

Citigroup announced its decision to take public its retail banking services division Banamex, which is based in Mexico.

Fintech & Ecommerce

Tyme Raises $77.8 Million to Grow South Africa, Philippines Operations

Digital banking group Tyme announced the attraction of investment funds for $77.8 million following the results of the Series C financing round.

Fintech & Ecommerce

Amazon One Helps Verify Your Age: How Useful is That?

Amazon One users can now pay for alcohol with their palms without showing their IDs to prove their age

Fintech & Ecommerce

Klarna Lets Customers Opt Out of Credit

The BNPL giant believes that customers should be given the option to decide when using the credit makes sense for them and opt out if that doesn’t benefit their financial health

Science & Technology

Fourth US State Adds Support for Apple Digital ID

Apple users in another US state can now create and store digital versions of their driving licence or state ID documents in Wallet

Fintech & Ecommerce

Biometric Payment Cards Launch in Kuwait

The customers of Kuwait International Bank (KIB) can now benefit from the convenience and ease of use of a contactless payment card supplemented with the security of biometric authentication

Finance & Economics

Citizens Bank to Pay $9 Million Fine Over Credit Card Billing Errors

The Consumer Financial Protection Bureau (CFPB) and Citizens Financial Group were able to reach an agreement on the CFPB complaint.