News - page 199

Science & Technology

Stellar to Help Businesses Deploy AI

The Stellar company, which is based in Indianapolis, has officially declared its mission aimed at providing assistance to enterprises in achieving competitive advantages by introducing generative artificial intelligence, machine learning, and large language models into the structure of their activities.

Fintech & Ecommerce

Safaricom Launches Mobile Money Service in Ethiopia

Kenyan telecommunications company Safaricom has launched its M-Pesa mobile payment service in Ethiopia.

Fintech & Ecommerce

HDFC Bank and Marriott Bonvoy Launch Travel Card

Indian HDFC Bank announced the beginning of cooperation with Marriott Bonvoy, the Marriott International travel program, in order to launch a co-branded hotel credit card.

Science & Technology

SoftBank Plans Its Indian Startup Founders Trip to Silicon Valley

SoftBank Group plans to send its Indian startup founders to Silicon Valley in September, where they will get acquainted with the specifics of the field of artificial intelligence and the features of advanced technology.

Blockchain & Crypto

US Treasury and IRS Propose Crypto Tax Reporting Rules

The new crypto tax proposal from the US Treasury and IRS regulates the sale and exchange of digital assets by brokers, aiming “to close the tax gap, address the tax evasion risks posed by digital assets, and help ensure that everyone plays by the same set of rules.”

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.

Society & Lifestyle

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.

Society & Lifestyle

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.