NatWest to Let UK Merchants Accept Contactless Payments on Android Smartphones
NatWest Bank announced the launch of a software solution for retail outlets (SoftPOS).
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Microsoft Executive Calls For Faster AI Regulation
Brad Smith, president and vice chairman of Microsoft (MSFT), said that the US government should intensify its activities aimed at creating and subsequently implementing measures to regulate the development and dissemination of artificial intelligence.
AFS and Visa to Launch Prepaid B2B Cards in Bahrain and Oman
Arab Financial Services (AFS) announced its SME Partner Programme in collaboration with Visa to launch prepaid cards for businesses in Bahrain and Oman
SoftBank Teams Up With Nvidia to Create Advanced AI Data Centres in Japan
Nvidia and SoftBank are collaborating on a pioneering platform for generative AI and 5G/6G applications which SoftBank plans to roll out across new, advanced AI data centres across Japan
Paysend & Ontop Collaborate on Instant Salary Payments
The collaboration between Paysend and Ontop allows customers and employers to make instant salary payments directly to the local bank cards of remote workers and contractors worldwide
Reserve Bank of Australia Tests CBDC Use Cases in Pilot
In Australia, the Reserve Bank, in collaboration with the Digital Finance Cooperative Research Centre (DFCRC), demonstrated the potential use cases and economic benefits of the central bank’s digital currency (CBDC).
Klarna Halves Losses
Klarna is on the way to restoring its financial performance to an acceptable level.
Neutronpay and Bitnob to Improve Cross-Border Payments Between Asia and Africa
The partnership aims to use the potential of both companies for creating new routes and payment options for bilateral cross-border trade between Vietnam and Africa using the Lightning Network
Credit Suisse Loses Singapore Case Against Georgian Billionaire Ivanishvili
A Singapore court has ordered a unit of Credit Suisse Group AG to pay billionaire Bidzina Ivanishvili $926 million.
Nymbus Lands $70 Million to Help Banks Digitally Transform
Nymbus startup announced the attraction of investment funds in the amount of $70 million following the results of the Series D financing round.
TikTok Tests AI-Powered Chatbot
TikTok is currently testing a chatbot based on artificial intelligence, through which users will be able to search and discover the content they need.
Crypto Startup Co-Founded by Sam Altman Raises $115 Million
The startup Tools for Humanity, which operates in the field of cryptocurrencies, has raised investment funds in order to implement a project to provide a digital identity card to every inhabitant of the Earth.
Sastrify Raises $32 Million to Tackle SaaS Sprawl
The Sastrify procurement platform reported that following the results of the Series B financing round, it managed to raise investment funds in the amount of $32 million.
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
Pesto Raises $11 Million and Launches Asset-Backed Credit Card
Pesto reported raising $11 million in financing and launching an asset-backed credit card.
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
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