Citigroup Rolls Out AI Tools for Employees
Citigroup on Wednesday, December 4, began the process of rolling out new artificial intelligence tools for its employees.
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Walmart Marketplace Reports Record Black Friday-Cyber Monday Sales
Walmart reported that at the beginning of the holiday shopping season, third-party sellers enjoyed record sales volumes.
Banks Improve Their AML and KYC Practices
The era of digitalization as a global process continues and scales, gradually infiltrating more and more into various aspects of the existence of human civilization and spheres of activity, including the banking sector, many players of which, despite the possibilities of advanced technologies, continue to face old problems in areas anti-money laundering (AML) and Know […]
BlackRock to Acquire HPS Investment Partners, Enhancing Public and Private Market Integration
BlackRock is to strengthen its position in the growing private credit market with the acquisition of HPS Investment Partners, a global credit investment manager with $148 billion in client assets.
Wells Fargo Reportedly Sells San Francisco HQ
The media reported that Wells Fargo is selling its headquarters in San Francisco, as the leadership of this financial institution, which is the fourth largest by total assets in the United States banking system, heads east.
Deutsche Bank Brings Merchant Solutions to APAC
Deutsche Bank Merchant Solutions capabilities are officially available in Australia, India, Indonesia and South Korea. They provide the bank’s clients with a global payment acceptance platform with a diverse range of local payment methods.
MCB Bank & BPC to Enhance Security With AI-Driven SmartVista Solution
SmartVista Fraud Risk Management solution will safeguard MCB Bank financial transactions with advanced AI fraud detection capabilities, real-time transaction monitoring, behavioural profiling, and machine learning-based risk assessment.
Mesolitica Develops LLM for Malaysian GenAI Assistants on AWS
Mesolitica, a Malaysian startup focused on developing large language models (LLMs), has created a generative AI LLM designed for the Malaysian language, leveraging one of the world’s leading cloud platforms – AWS.
MARA to Leverage Advanced ASIC Recycling at New Wind Farm in Texas
Marathon Digital Holdings (MARA), a major Bitcoin mining company, acquired a 114-megawatt wind farm in Hansford County, Texas.
Stackfix Raises $3 Million
The startup Stackfix, which was founded by pioneers in the area of artificial intelligence, raised $3 million in seed funding.
Salesforce Reports Earnings
On Tuesday, December 3, the value of Salesforce shares increased by 9% after this company published information about its earnings for the third fiscal quarter and guidance for the next fiscal quarter, which exceeded analysts’ preliminary expectations.
Amazon Presents New Slate of AI Models
Amazon has announced a new slate of artificial intelligence platforms, known as foundation models, which, among other things, allow users to generate text materials, images, and videos.
La Banque Postale to Finance Energy Renovations With New Impact Card
La Banque Postale, collaborating with WWF France, has become the first traditional bank in France to introduce an impact credit card aimed at supporting energy renovations for sustainability-focused homeowners.
China Bans Export of Key Minerals to US
China has banned the export to the United States of items related to the minerals gallium, germanium, and antimony, which can be used for military purposes.
US Imposes New Restrictions China’s Chips
The United States on Monday, December 2, launched the third restrictive measures against China’s semiconductor industry in the last three years, reducing the scope of export opportunities to this Asian country.
TD Bank Joins Mastercard Priceless Planet Coalition to Boost Reforestation Efforts in Canada
TD Bank, in collaboration with Mastercard Priceless Planet Coalition, has introduced a standout initiative allowing MBNA cardholders to support reforestation efforts in Canada.
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