Brex Spend Platform Expands to Enable Corporate Event Management
Brex, a global spend platform, launched a group events feature within its Brex travel solution that enables businesses to create and manage corporate events for employees.
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Coinbase Launches Stand With Crypto Alliance
The crypto exchange Coinbase has launched Stand with Crypto initiative that unites global crypto advocates
Dubai to License AI and Web3 Startups in Subsidised Manner
Dubai International Financial Centre will be issuing artificial intelligence (AI) and Web3 licenses at a 90% subsidy
Mastercard Partners With MTN, Acquiring Minority Stake in Its Fintech Business
Africa’s largest mobile network operator MTN has sold a minority stake in its fintech arm to the payment giant Mastercard to support the acceleration and growth of the business’s payments and remittance services.
Ant Group Partners Central Retail Corporation to Launch Alipay+ in Thailand
The partnership aims to target Asian tourists travelling to Thailand and shopping at brands under Central Retail, providing them with convenient checkout methods via Alipay+ with their local mobile wallet
Amazon Launches New AI-Powered Feature
Amazon on Monday, August 14, announced the launch of a new feature based on artificial intelligence, which highlights the most important and significant parts of customer reviews of products purchased on the e-commerce giant’s platform.
SK Telecom Invests Additional $100M in Anthropic AI
In addition to the investment, South Korea’s telecom operator has entered into a partnership agreement with AI provider Anthropic to build a large language model (LLM) customized for telcos
AI Reduces Burden on Supply Chains
Shipping has become one of the areas of use of artificial intelligence, where advanced technology has become a valuable tool.
UAE to Establish Blockchain-Based National Carbon Credit System
The Ministry of Climate Change and Environment (MoCCAE), the Industrial Innovation Group LLC and Venom Foundation to jointly establish a national system for carbon credits using blockchain technology
Disney Introduces New Subscription Solutions
Experts say that changes in Disney’s policy regarding subscription decisions may signal that the company has decided to follow the path of Netflix.
Lender Better.com Plans SPAC Listing in August
Digital Mortgage Lender Better.com plans to become a public company by the end of August.
PayPal Launches New Crypto Feature: Select Users Are Soon to Test Cryptocurrencies Hub
To be eligible for the new Cryptocurrencies Hub, a PayPal user must have “a personal PayPal account and a Balance Account in good standing”
British High Commission in Fiji Form Partnership to Deliver Climate Finance Projects
The UK Government announced that the British High Commission (BHC) in Suva, Fiji, has established a partnership system under which climate finance projects will be implemented in the Pacific island States.
US Government Gives Green Light to First National Direct Air Capture (DAC) Projects
The Project Cypress by Battelle and clean technology developers Climeworks and Heirloom received Notification of Selection from the U.S. Department of Energy (DOE) for the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program
Researchers Develop AI System to Track Crypto Giveaway Scams
The AI system discovered over 95K scam lists between June 2022 and June 2023 that were created from 87,617 accounts on the X (former Twitter) social network
SEC Delays Its Verdict on Spot Bitcoin ETF
The US securities regulator extended the decision deadline on a joint spot bitcoin ETF application from ARK/21Shares and sought public comment
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