News - page 193

Fintech & Ecommerce

N26 Integrates iDEAL Online Payment Standard

German online bank N26 enables the most popular online payment method in the Netherlands – iDEAL

Fintech & Ecommerce

QR Code Payments to Grow 590% in Southeast Asia by 2028: Research

A new study from Juniper Research has found the volume of QR code payments in the leading Southeast Asian market will increase from 13 billion in 2023 to 90 billion in 2028.

Science & Technology

Alibaba Cloud Launches New AI Models

Alibaba Cloud has developed two open-source artificial intelligence models that are able to recognize information contained not only in text materials but also in images.

Science & Technology

Morgan Stanley & Crowley to Advance Wind Energy Solutions in US

The new joint venture will strategically combine Crowley’s end-to-end maritime and logistics capabilities with Morgan Stanley Investment Management expertise to promote offshore wind energy solutions for the US.

Finance & Economics

SEC Accuses Wells Fargo of Overcharging Nearly 11,000 Investment Accounts With Advisory Fees

The Securities and Exchange Commission on Friday, August 25, reported that Wells Fargo has for many years used the practice of illegally overcharging almost 11,000 investment advisory accounts in the amount of about $27 million.

Science & Technology

Reddit Launches Rewards Program for Moderators

Reddit announced the launch of a moderator assistance program.

Science & Technology

Meta Shuts Down Messenger Lite

Meta has taken action to terminate Messenger Lite, an optimized configuration of Messenger with limited capabilities compared to the original version of the application.

Science & Technology

X Seeks To Lure Smaller Businesses to Advertise on Its Platform

The social network X, formerly known as Twitter, announced the launch of a commercial initiative that is designed to stimulate small businesses to place advertising materials about their products and services on this virtual platform.

Science & Technology

AI Startup Hugging Face Raises $235 Million

The Hugging Face startup, which operates in the area of artificial intelligence, announced that it managed to raise investment funds for $235 million following the results of the Series D funding round.

Finance & Economics

TD Bank Cooperates With Regulators on Anti-Money Laundering Issues

TD Bank announced cooperation with regulators and law enforcement agencies in the framework of the proceedings concerning the lender’s compliance with the provisions of the normative base defining the legal principles of combating money laundering.

Finance & Economics

Morgan Stanley Launches Financial Education App for Entertainers, Creators and Athletes

The new Money in the Making app was developed and designed by Morgan Stanley specifically for the next generation of athletes, entertainers, and sports and entertainment professionals embarking on their wealth management journeys.

Blockchain & Crypto

UK Lolly POS Terminals Now Support Bitcoin Lightning Payments

UK Customers now have the option to pay for their purchases using the Bitcoin Lightning network alongside conventional cash and card methods at all Lolly tills and kiosks

Fintech & Ecommerce

Orange to Sell Banking Business in Romania to Alpha Bank

Mobile network operator Orange is transferring its retail banking business in Romania – Orange Money – to Alpha Bank Romania

Science & Technology

UAE Partners With Mastercard to Accelerate AI Adoption

Mastercard has established a global centre for advanced AI and cyber technology in Dubai, UAE to realize the aspirations outlined in the UAE Strategy for Artificial Intelligence 2031.

Science & Technology

Meta Launches AI Coding Tool for Business and Personal Use

The new tool is a fine-tuned version of LLama2 trained specifically to generate and discuss computer code. Code Llama could be particularly useful for small fintechs traditionally underserved by big-tech AI providers

Science & Technology

Twilio Launches AI Tools

Twilio, a software company, presented new artificial intelligence tools for its customer interaction platform.