News - page 191

Basware Announces Integration With Amazon Business
Fintech & Ecommerce

Basware Announces Integration With Amazon Business

Basware, a provider of solutions designed for accounts payable automation and procurement, announced integration with Amazon Business.

Physical Cards Drive Passwordless Future
Fintech & Ecommerce

Physical Cards Drive Passwordless Future

Adam Lowe, chief product and innovation officer at metal premium card issuer CompoSecure, whose digital security platform Arculus streamlines digital authentication processes and secures digital assets while talking to the media, said that the traditional physical card can become a hands-free conduit for seamless trading.

RBI Joins Project Nexus for Seamless Cross-Border Payments
Fintech & Ecommerce

RBI Joins Project Nexus for Seamless Cross-Border Payments

RBI joins BIS cross-border payment initiative Project Nexus to facilitate instantaneous retail payments among ASEAN countries.

Circle Achieves MiCA Compliance for USDC and EURC Stablecoins
Blockchain & Crypto

Circle Achieves MiCA Compliance for USDC and EURC Stablecoins

Circle has become the first stablecoin issuer to receive a French license for USDC and EURC to debut in the Union under one of the world’s most comprehensive regulatory regimes for digital assets – MiCA.

State Bank of India Rolls Out Web-Based Invoice Financing Solution
Fintech & Ecommerce

State Bank of India Rolls Out Web-Based Invoice Financing Solution

The State Bank of India has launched a web-based invoice financing solution for microbusinesses and small and medium-sized businesses.

Robinhood Acquires AI-Driven Platform Pluto
Fintech & Ecommerce

Robinhood Acquires AI-Driven Platform Pluto

Robinhood Markets Inc. has agreed to acquire Pluto Capital Inc., the artificial intelligence research platform.

South Korea’s Export Grows Amid Record Chip Sales
Finance & Economics

South Korea’s Export Grows Amid Record Chip Sales

In June, an increase in South Korea’s export activity was recorded.

China’s Factory Activity Rises
Finance & Economics

China’s Factory Activity Rises

In China, last month, an increase in the factory activity of local companies belonging to the private sector was recorded.

Google & BlackRock to Develop New Solar Capacity in Taiwan
Science & Technology

Google & BlackRock to Develop New Solar Capacity in Taiwan

The 1-gigawatt pipeline of a new solar facility in Taiwan, co-developed by Google and BlackRock, can boost energy capacity and cut carbon emissions amid the artificial intelligence boom.

BlackRock to Acquire Preqin Data Group for $3.2B
Finance & Economics

BlackRock to Acquire Preqin Data Group for $3.2B

UK data firm Preqin will enhance BlackRock Aladdin tech business by combining data, research, and investment processes for fund managers.

SK Hynix to Invest $75 Billion in Chips
Science & Technology

SK Hynix to Invest $75 Billion in Chips

SK Hynix Inc., the semiconductor unit of South Korea’s SK Group, intends to invest 103 trillion won ($74.8 billion) in the chip area by 2028.

Meta Faces EU Charges Over ‘Pay or Consent’ Policy
Science & Technology

Meta Faces EU Charges Over ‘Pay or Consent’ Policy

EU regulators believe Meta may leave its users no other viable option but to allow tracking their personal data for advertising purposes with its ‘pay or consent’ policy.

China’s Central Bank to Borrow Treasury Bonds From Primary Market
Finance & Economics

China’s Central Bank to Borrow Treasury Bonds From Primary Market

On Monday, July 1, the People’s Bank of China announced its intention to borrow treasury bonds from some traders in the primary market shortly.

Samsara Eco Raises $65M Funding Round to Expand Its Plastic-Eating Enzymes
Science & Technology

Samsara Eco Raises $65M Funding Round to Expand Its Plastic-Eating Enzymes

Samsara Eco proprietary technology uses enzymes to disaggregate plastic waste into raw materials, which can eventually be transformed into the foundation for new products.

Innotron to Invest $2.4 Billion in New Chip Plant
Science & Technology

Innotron to Invest $2.4 Billion in New Chip Plant

The controlling company of the largest Chinese chip manufacturer ChangXin Memory Technologies (CXMT) Inc. invests at least 17.1 billion yuan ($2.4 billion) in an advanced packaging plant in Shanghai that can be used to make AI memory.

Baidu Launches Upgraded AI Model
Science & Technology

Baidu Launches Upgraded AI Model

Chinese Internet search giant Baidu on Friday, June 28, presented a new version of its Ernie 4.0 Turbo artificial intelligence model.