News - page 159

Identity Startup Socure to Acquire Effectiv
Science & Technology

Identity Startup Socure to Acquire Effectiv

Socure Inc., an identity verification service provider whose functional solutions are used by companies such as Chime Financial Inc. and Robinhood Markets Inc., has agreed to acquire Effectiv, a fraud prevention platform.

Klarna Launches UK Gift Card Store
Fintech & Ecommerce

Klarna Launches UK Gift Card Store

Klarna has announced the opening of the Gift Card Store, which was developed in partnership with a global branded payments provider Blackhawk Network.

Nvidia Expands Its Activity in India
Science & Technology

Nvidia Expands Its Activity in India

Nvidia on Thursday, October 24, announced many new partnerships with major Indian companies and launched a Hindi language model.

Bank of Canada Cuts Interest Rates
Finance & Economics

Bank of Canada Cuts Interest Rates

The Bank of Canada has accelerated the pace of the interest rates cutting.

MoneyLion Launches Financial Products Marketplace
Fintech & Ecommerce

MoneyLion Launches Financial Products Marketplace

MoneyLion has launched a new marketplace that allows consumers to search, apply for, and make transactions on third-party financial products, including loans, credit cards, and savings accounts.

Startup Hugging Face Seeks to Cut AI Costs
Science & Technology

Startup Hugging Face Seeks to Cut AI Costs

The Hugging Face startup on Wednesday, October 23, announced that it is releasing a new open-source software offering with Amazon.com, Alphabet’s Google, and others.

Morgan Stanley Expands OpenAI-Powered Chatbot Tools to Wall Street Division
Fintech & Ecommerce

Morgan Stanley Expands OpenAI-Powered Chatbot Tools to Wall Street Division

Morgan Stanley is expanding the practice of using artificial intelligence tools powered by OpenAI technology in its investment banking and trading unit.

Deutsche Bank Shares Decline Amid Its Earnings
Finance & Economics

Deutsche Bank Shares Decline Amid Its Earnings

On Wednesday, October 23, the value of Deutsche Bank shares was on a downward trajectory, as the return of this financial institution to profit in the third quarter of the current year did not turn out to be something that impresses or could potentially impress.

IMF Warns of Increasing Risks for Global Growth
Finance & Economics

IMF Warns of Increasing Risks for Global Growth

Experts from the International Monetary Fund (IMF) have revised down their forecast for the dynamic of global economic growth next year.

Amazon Reportedly to Shut Down Speedy Brick-and-Mortar Delivery Service
Fintech & Ecommerce

Amazon Reportedly to Shut Down Speedy Brick-and-Mortar Delivery Service

The media released information according to which Amazon is shutting down a service that offers same-day delivery from mall and brick-and-mortar retailers.

Perplexity AI Reportedly Aims to Raise $500 Million
Science & Technology

Perplexity AI Reportedly Aims to Raise $500 Million

Media reports that artificial intelligence search company Perplexity AI plans to raise investment funds for about $500 million as part of a new round of financing.

Stripe Plans to Acquire Platform Bridge
Blockchain & Crypto

Stripe Plans to Acquire Platform Bridge

Stripe intends to acquire the stablecoin payments platform Bridge.

Ukrainian Monobank Launched BNPL Marketplace
Fintech & Ecommerce

Ukrainian Monobank Launched BNPL Marketplace

Ukrainian neobank Monobank has introduced a new marketplace service for gadgets and electronics with BNPL payment options available for every item.

Santander Scales Geography of Platform Openbank
Fintech & Ecommerce

Santander Scales Geography of Platform Openbank

The Openbank digital banking platform, which is part of the Santander virtual ecosystem, has officially become available to consumers living in the United States.

Bank of America Allows Companies to Lock in FX Rates
Finance & Economics

Bank of America Allows Companies to Lock in FX Rates

Bank of America began to allow companies to lock in foreign exchange (FX) rates for up to one year.

BNY and Mizuho Bank to Provide Trade Services in Asia
Finance & Economics

BNY and Mizuho Bank to Provide Trade Services in Asia

The Bank of New York Mellon Corp. (BNY) and Mizuho Bank cooperate to provide trade services to corporate clients in Asia.