News - page 125

Blockchain & Crypto

Sam Bankman-Fried to Spend 25 Years in Federal Prison

Sam Bankman-Fried was sentenced to 25 years in federal prison.

Science & Technology

AI Startup Cohere to Raise Funds at $5 Billion Valuation

Startup Cohere Inc., which operates in the artificial intelligence industry, is currently in the late stages of discussing a new round of financing.

Finance & Economics

China Aims to Be Driving Force for World Economic Recovery

China is currently striving to become a powerful driving force in the process of recovery of the global economic system.

Science & Technology

Google and Pinterest Reportedly Test Ad Partnership in US

The media reports that Google and Pinterest are currently testing collaboration in the sphere of advertising.

Fintech & Ecommerce

Robinhood Launches Credit Card for Its Gold Members

Robinhood launched the credit card as part of a continuing effort to expand the sphere of financial services.

Finance & Economics

PBOC Chief Plans to Deepen Currency Ties With Asian Economies

People’s Bank of China Governor Pan Gongsheng said that the country will seek to intensify currency cooperation with other Asian economies to strengthen financial stability in the region.

Finance & Economics

Janet Yellen Says About Impact of China’s Industry Ramp-Up on World Economy

US Treasury Secretary Janet Yellen intends to put pressure on the Chinese authorities during her upcoming visit to this country since Beijing’s ramp-up of industrial capacity is a factor distorting the global economic system.

Fintech & Ecommerce

Western Union Connects Virtual Wallets to eSIM Mobile Service

The company eSIM Go has added Western Union digital wallets to its mobile data service.

Fintech & Ecommerce

Visa Rolls Out Risk Management Solutions for Non-Visa Transactions

On Wednesday, March 27, the payment industry giant Visa announced plans to implement artificial intelligence tools in three new apps as part of its fraud and risk management technology platform to protect merchants, issuers, and consumers.

Finance & Economics

Majority of Young U.S. Employed Adults Consider Small Business Formation: article from JustWorks

A recent survey described in detail in the small business Formation article from Justworks has found that 6 in 10 employed adults (59%) are interested in starting their own business or becoming an entrepreneur. However, to achieve these goals, they need to overcome their biggest barriers: not enough money (39%) or knowledge (29%) to start. 

Fintech & Ecommerce

Mastercard Partners WorldPay to Address Payment Fraud Issue

Chargebacks arising from payment fraud are surging and merchants are increasingly having troubles in dealing with transaction disputes – that’s where Mastercard and WorldPay step in.

Science & Technology

Apple Reportedly to Unveil AI Strategy in June

Apple Inc. plans to present its strategy in the area of artificial intelligence at the annual Worldwide Developers Conference, which will begin on June 10.

Finance & Economics

Expert Says About India’s Mistake in Economy

The former governor of the central bank of India, Raghuram Rajan, says that this South Asian country is making a mistake by giving excessive importance to expectations of economic growth since there are significant structural problems, the elimination of which is a prerequisite for realizing potential.

Finance & Economics

Mastercard and Visa Agree to $30 Billion Settlement

Visa and Mastercard, two of the world’s largest credit card networks, and banks that issue cards with these companies, have agreed to settle an antitrust case lasting almost 20 years initiated by merchants.

Fintech & Ecommerce

Amazon Expands Same-Day Prescription Drug Delivery

Amazon.com Inc. is expanding its same-day prescription medication delivery offer.

Blockchain & Crypto

SWIFT to Launch New Central Bank Digital Currency Platform

The SWIFT global banking messaging network has intentions of creating a new platform to connect multiple central bank digital currencies (CBDC) to the existing financial system.