News - page 192

Shaping Tomorrow’s Banking Landscape: 12th Edition Connected Banking Summit
Fintech & Ecommerce

Shaping Tomorrow’s Banking Landscape: 12th Edition Connected Banking Summit

On May 23rd, 2024, the Maslow Hotel in Johannesburg set the stage for a groundbreaking gathering as the 12th Edition Connected Banking Summit – Southern Africa Innovation & Excellence Awards 2024 convened over 300 global executives, experts, and leaders from the banking and financial services industry. This year’s summit, themed “Empowering Tomorrow’s Banking Digital Landscape: […]

Startup xAI Raises $6 Billion
Science & Technology

Startup xAI Raises $6 Billion

Startup xAI, which operates in the artificial intelligence industry, raised $6 billion in investment funds.

Mastercard and African Development Bank Group Collaborate to Provide Digital Identities
Fintech & Ecommerce

Mastercard and African Development Bank Group Collaborate to Provide Digital Identities

Mastercard and the African Development Bank Group have formed an alliance to provide access to critical services to 100 million people and businesses in Africa.

Marathon Digital to Enhance Kenya’s Energy Sector Transformation
Blockchain & Crypto

Marathon Digital to Enhance Kenya’s Energy Sector Transformation

Bitcoin mining giant Marathon Digital Holdings will support energy utilization and optimize renewable energy projects across Kenya

Google to Invest $350 Million in Flipkart
Fintech & Ecommerce

Google to Invest $350 Million in Flipkart

Google will acquire a minority stake in Walmart-backed Flipkart.

SEC Greenlights More Ethereum ETFs
Blockchain & Crypto

SEC Greenlights More Ethereum ETFs

The price of Ethereum has hardly shown any changes even though the United States Securities and Exchange Commission (SEC) has approved the accelerated launch of Ether exchange-traded funds (ETFs).

Walmart Launches Gamified Marketplace
Fintech & Ecommerce

Walmart Launches Gamified Marketplace

Walmart and Amazon are long-time competitors that strive to gain young customers, from time to time offering solutions designed to improve their positions in this market struggle.

Spreedly Launches Partnership With NuORDER
Fintech & Ecommerce

Spreedly Launches Partnership With NuORDER

The open payments platform Spreedly announced the beginning of an expansioned partnership with B2B commerce company NuORDER by Lightspeed.

Cryptocurrency Exchange Gate.HK Faces Regulatory Pressure
Blockchain & Crypto

Cryptocurrency Exchange Gate.HK Faces Regulatory Pressure

Hong Kong-based cryptocurrency exchange Gate.HK has closed down due to non-compliance with local licensing requirements, which will take effect on June 1.

Amazon Reportedly Ramps Up Logistics Expansion
Fintech & Ecommerce

Amazon Reportedly Ramps Up Logistics Expansion

Media reports that Amazon is currently stepping up efforts to expand logistics to improve its competitive position in the market, where companies such as Walmart, Shein, and Temu are also present.

Worldcoin to Stop Iris-Scanning Operations in Hong Kong
Blockchain & Crypto

Worldcoin to Stop Iris-Scanning Operations in Hong Kong

Worldcoin, a digital identity scanning startup co-founded by OpenAI CEO Sam Altman, has been notified about the need to stop its operations in Hong Kong.

Nvidia Continues to Benefit From AI
Science & Technology

Nvidia Continues to Benefit From AI

Nvidia last Wednesday, May 22, released information about the financial results of its activities in the last quarter, which proved that this company continues to be one of the main beneficiaries of the so-called artificial intelligence boom.

Lenovo Reports Quarterly Earnings
Science & Technology

Lenovo Reports Quarterly Earnings

For the third quarter in a row, Lenovo has published information on financial performance that exceeds preliminary expectations.

Xiaomi’s Sales Demonstrate Growth
Science & Technology

Xiaomi’s Sales Demonstrate Growth

The financial results of Chinese Xiaomi for the first quarter of the current year exceeded preliminary expectations, as the process of gradual recovery of the global economy became a factor that created favorable circumstances for the business of this manufacturer of electronic appliances.

Key Political Representatives to Join Open Banking Expo Canada 2024
Finance & Economics

Key Political Representatives to Join Open Banking Expo Canada 2024

Toronto, May 22, 2024 – Open Banking Expo Canada is proud to announce the participation of prominent political figures and key policy representatives in its upcoming event on June 11 in Toronto. This year’s conference is poised to host over 600 executives from the Open Banking, Open Finance, and the payments ecosystem at the Metro […]

UK Inflation Slows
Finance & Economics

UK Inflation Slows

In the United Kingdom, the inflation rate in April was the lowest in almost three years.