News - page 116

Fintech & Ecommerce

Bank of England Urges UK Payment Companies to Upgrade Operational Resilience

Sasha Mills, executive director of Financial Market Infrastructure (FMI) at the Bank of England, said that much more needs to be done in the context of increasing cyberattack preparedness for companies that provide payment transaction services in the United Kingdom.

Science & Technology

AWS Launches New GenAI-Powered Assistants

Amazon Web Services (AWS) on Tuesday, April 30, announced the universal availability of its virtual assistants based on generative artificial intelligence, which are designed to solve business-related tasks and software development.

Science & Technology

Huawei Reports Quarterly Earnings

Huawei Technologies on Tuesday, April 30, released information on the financial performance of its activities in the first quarter of the current year.

Science & Technology

Microsoft to Invest $1.7 Billion in Indonesia

On Tuesday, April 30, Microsoft announced its intention to invest $1.7 billion in Indonesia over the next four years.

Science & Technology

Samsung Reports Jump in Profit

Samsung Electronics on Tuesday, April 30, released information on its financial results for the first quarter of the current year, which showed significant growth, largely due to an increase in prices for memory chips amid increased optimism about the prospects for the development and scaling of the artificial intelligence industry.

Fintech & Ecommerce

NatWest Issues First IP-Backed Loan to Sci-Net

The new High Growth IP Loan that Sci-Net secured from NatWest has been developed in cooperation with specialist IP evaluation company Inngot to help unlock the funding gap for high-growth firms.

Blockchain & Crypto

Hong Kong Crypto ETFs Begin Trading

Spot Bitcoin and Ethereum exchange-traded funds (ETFs), the first crypto ETFs in Asia, have officially gone live in the Hong Kong stock market today.

Fintech & Ecommerce

Amazon Says Prime Delivery Speed Increases

Amazon has reported that its Prime deliveries are showing record-high speeds.

Science & Technology

Meta to Launch Bonus Program for Creators on Threads

A time-limited bonus program will be launched on the Threads social network, which is part of the ownership structure of the Meta technology giant.

Fintech & Ecommerce

Norrsken22 Bets on Africa’s Fintech Boom

African technology companies and startups are becoming increasingly attractive to international investors, which is why ignoring them falls into the category of inappropriate and short-sighted decisions.

Science & Technology

Apple and OpenAI Reportedly Reopen iPhone AI Talks

The media reports that Apple has resumed negotiations with OpenAI on the integration of artificial intelligence functions into the iPhone.

Science & Technology

Ethiopian Eco Startup Kubik Gets Fresh Funding for Pan-African Growth

Kubik is turning plastic waste into eco-friendly interlocking building materials like bricks, columns, beams and jambs.

Finance & Economics

Global Situation Provides Advantages to Mexico’s Manufacturing Sector

Centuries-old historical experience, in the vast, but perhaps not infinite space of which human life dissolves, at best leaving behind a trace, over time, with a high degree of probability, significantly fading or completely disappearing under the pressure of new times, indicates that changes in global processes are a kind of phenomenon that creates winners […]

Fintech & Ecommerce

IFC Invests $7M in Philippine Fintech Salmon

IFC has joined a $25 million Series A extension round for the Philippine fintech firm Salmon Group Ltd to enable consumer fintech to develop new credit products and boost access to banking among the underserved.

Blockchain & Crypto

Ukraine Is the Fourth Most Crypto Friendly Nation Worldwide

Ukraine is behind only Argentina, the U.S. and Colombia in the global crypto adoption ranking based on the CryptoCasinos research.

Science & Technology

Snap Says Augmented Reality Drives User Engagement

Snap, which owns the popular Snapchat virtual platform, believes that augmented reality will be one of the most significant advances in the area of computing ever seen in the world.