News - page 165

Fintech & Ecommerce

EBL Launches Biometric Metal Card

Eastern Bank PLC. (EBL), headquartered in Dhaka, the capital of Bangladesh, plans to issue the world’s first biometric metal IDEX Pay card.

Fintech & Ecommerce

Soum Raises $18 Million

The re-commerce platform Soum has announced that it has managed to raise $18 million to expand its operations in the Middle East and North Africa.

Science & Technology

McKinsey Predicts Domination of GenAI in Business Landscape

McKinsey and Company predicts that generative artificial intelligence will continue to occupy a dominant position in the business environment next year.

Finance & Economics

China Stops Exports of Some Rare-Earth Processing Technologies

The Chinese authorities decided to stop the export of several rare earth technologies.

Science & Technology

Anthropic Plans to Raise $750 Million

The media reports that the startup Anthropic, which operates in the sphere of artificial intelligence, is currently negotiating a $750 million funding raise.

Science & Technology

Apple Reportedly to Launch Vision Pro Mixed-Reality Headset by February

The media reports that Apple plans to release its Vision Pro mixed reality headset by February.

Fintech & Ecommerce

Walmart Upgrades Self-Checkout With BNPL from Affirm

Affirm’s flexible pay-over-time BNPL options are now available in self-checkout kiosks at over 4,500 Walmart stores in the United States.

Fintech & Ecommerce

Bunq Unveils GenAI-Platform

Dutch neobank launches a Generative AI-driven platform to replace the outdated search function on its banking app.

Science & Technology

UK Supreme Court Says About Impossibility of Call AI as Inventor

The Supreme Court of the United Kingdom ruled that, from a legal point of view, it is not possible to designate artificial intelligence as an inventor to ensure patent rights.

Finance & Economics

RBI Warns Risk of India Economic Growth Falter

The report of the Reserve Bank of India (RBI), which was released on Wednesday, December 20, contains a statement that the economic system of this South Asian country will continue to demonstrate dynamic growth at a healthy pace, but the fact of the negative impact of high inflation on consumer demand creates a risk factor […]

Finance & Economics

Bank of Japan Holds Off From Policy Normalization Moves

The Bank of Japan maintained its moderate stance following the results of its last monetary policy meeting this year, although markets are signaling growing confidence that the financial regulator is gradually approaching the normalization of its activity strategy.

Finance & Economics

China Leaves Lending Benchmark Rates Unchanged

In China, local financial authorities on Wednesday, December 20, decided to keep benchmark lending rates at a monthly level, which corresponds to preliminary market expectations and is a predictable action that does not go beyond the most likely scenarios.

Fintech & Ecommerce

Meta Launches Partnership With India’s ONDC

Meta announced the beginning of cooperation with the Indian Open Network for Digital Commerce (ONDC).

Fintech & Ecommerce

Uber for Business Adds Integrations With Expense Management Providers

Uber for Business has integrated with Brex and Ramp cost management service providers.

Blockchain & Crypto

Alchemy Pay Partners With Worldpay to Enhance On & Off-Ramp Payments

Alchemy Pay has entered into a strategic partnership with Worldpay acquirer to enhance its fiat-crypto payment gateway with credit and debit card functionality.

Science & Technology

OpenAI Adopts Preparedness Framework to Mitigate AI Risks

The Preparedness Framework by OpenAI aims to track, evaluate, and forecast risks posed by increasingly powerful AI models to enhance a systemic approach to protection.