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.
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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
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
Stripe intends to acquire the stablecoin payments platform Bridge.
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
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
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
The Bank of New York Mellon Corp. (BNY) and Mizuho Bank cooperate to provide trade services to corporate clients in Asia.
IBM Releases New AI Models for Businesses
IBM on Monday, October 21, presented the latest version of its artificial intelligence models aimed at businesses.
Chinese Banks Cut Lending Rates
In China, local financial institutions have cut their benchmark lending rates after the launch of the so-called easing strategy by the Asian country’s central bank last month.
Microsoft to Launch New Autonomous AI Agents
Microsoft will next month provide businesses with the opportunity to make their own autonomous artificial intelligence agents.
Mastercard Launches Move Commercial Payments for Near Real-Time Cross-Border Transactions
The newly introduced Mastercard Move Commercial Payments solution is designed to streamline operations, enhance liquidity management, lower counterparty risk, and offer comprehensive visibility for banks and their clients.
Thunes Enters Egypt Market
Thunes, a global cross-border payments network, received all required regulatory approvals to finally expand to Egypt.
Binance Reaches $100T in Cumulative Trading Volume
Binance remains the top cryptocurrency exchange globally by cumulative trading volume after surpassing the threshold of $100 trillion.
HubSpot Integration Enables Mollie to Reform CRM Payments
European PSP Mollie has integrated with the leading customer relationship management platform HubSpot to simplify payment processes within customer relationship management (CRM) systems.
Visa and Analytic Partners Join Efforts to Transform Commercial Analytics
Visa and Analytic Partners, a global analytics solution provider, entered a multi-year strategic partnership to address commercial challenges merchants and brands face with AI-driven data analytics.
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