News - page 133

Fintech & Ecommerce

Bank of America Launches Massive Update to Its Mobile App

Bank of America has launched a massive update to its mobile app that integrates banking, investing, and retiring on one unified online platform.

Fintech & Ecommerce

Fintech Akulaku Secures HSBC Financing

Online lending platform Akulaku, which operates in Southeast Asia and is backed by Alibaba, secured $100 million in debt financing from HSBC, based in London.

Science & Technology

Apple Reportedly Discusses Using of Baidu AI in Chinese iPhones

The media reports that Apple Inc. is currently negotiating the use of generative artificial intelligence systems of the Chinese company Baidu Inc. in the iPhone and its other devices.

Fintech & Ecommerce

Parcha Introduces AI-Powered Solution to Automate Compliance Reviews for Banks and Fintechs

AI-focused tech startup Parcha has launched its first innovative AI solution suite for automating manual compliance review in customer onboarding starting with KYB and KYC.

Science & Technology

Huawei Tests Brute-Force Method for Manufacturing Advanced Chips

Huawei Technologies Co. and its chip manufacturing partner, about which there is no information, except for being based in China, have filed patent applications for a method of making microcircuits, which is low-tech but has potential in terms of such a parameter as efficiency.

Fintech & Ecommerce

Mastercard Reveals Fresh Remittance Insights

The new Mastercard report focuses on key trends and opportunities to digitize remittance transfers in Latin America and the Caribbean where cross-border money transfers grow by 10% annually.

Science & Technology

Microsoft Presents First Surface PCs

Microsoft is releasing its first Surface PCs with a dedicated Copilot button on the keyboard, which provides users with quick access to the chatbot.

Science & Technology

AI Startup Cohere Reportedly Targets $5 Billion Valuation

The media reports that the Canadian startup Cohere which specializes in carrying out activities in the artificial intelligence industry, is currently actively negotiating the raising of investment funds for $500 million.

Science & Technology

Nvidia Unveils Humanoid Robot Project

Nvidia begins the history of its presence in the humanoid robotics area.

Science & Technology

US Sues Apple

The United States Department of Justice and 16 attorneys general sued Apple Inc.

Finance & Economics

Swiss National Bank Unexpectedly Cuts Its Key Interest Rate

The Swiss National Bank (SNB) has made an unexpected decision to cut its key interest rate by 25 basis points.

Finance & Economics

UBS Reportedly Plans to Shut Thousands of Smaller Credit Suisse Asia Accounts

The media, citing insiders, report that UBS Group AG intends to shut down Credit Suisse accounts with a small value, the number of which currently stands at several thousand.

Blockchain & Crypto

Ledger to Launch iPod-Inspired Crypto Wallet

Crypto wallet maker Ledger has announced its intention to launch its hardware crypto wallet called Ledger Stax, which was designed by iPod inventor Tony Fadell.

Science & Technology

High Tech Firm VDL to Build Plant in Vietnam

Dutch high-tech company VDL on Wednesday, March 20, announced its intention to build a new factory for the production of components for making chips in Vietnam.

Finance & Economics

Expert of Goldman Sachs Says About State of US Economy

Jan Hatzius, the chief economist at Goldman Sachs, said during a conversation with media representatives that the soft landing, which was perceived as something like a fantastic scenario for the Federal Reserve System, is still on track.

Science & Technology

Apple CEO Arrives in Shanghai

The Chief Executive Officer of Apple Inc. Tim Cook on Wednesday, March 20, posted a video indicating that he arrived in Shanghai, where the opening ceremony of the new store of the technology giant will take place on Thursday, March 21.