Mastercard Partners WorldPay to Address Payment Fraud Issue
Chargebacks arising from payment fraud are surging and merchants are increasingly having troubles in dealing with transaction disputes – that’s where Mastercard and WorldPay step in.
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Apple Reportedly to Unveil AI Strategy in June
Apple Inc. plans to present its strategy in the area of artificial intelligence at the annual Worldwide Developers Conference, which will begin on June 10.
Expert Says About India’s Mistake in Economy
The former governor of the central bank of India, Raghuram Rajan, says that this South Asian country is making a mistake by giving excessive importance to expectations of economic growth since there are significant structural problems, the elimination of which is a prerequisite for realizing potential.
Mastercard and Visa Agree to $30 Billion Settlement
Visa and Mastercard, two of the world’s largest credit card networks, and banks that issue cards with these companies, have agreed to settle an antitrust case lasting almost 20 years initiated by merchants.
Amazon Expands Same-Day Prescription Drug Delivery
Amazon.com Inc. is expanding its same-day prescription medication delivery offer.
SWIFT to Launch New Central Bank Digital Currency Platform
The SWIFT global banking messaging network has intentions of creating a new platform to connect multiple central bank digital currencies (CBDC) to the existing financial system.
Federal Reserve Governor Lisa Cook Says About Importance of Cautious to Policy Easing
The governor of the Federal Reserve System, Lisa Cook, said that the central bank of the United States needs to take a cautious approach when deciding on monetary policy easing.
Apple Plans to Launch Vision Pro in China
Apple plans to launch sales of the Vision Pro headset in the Chinese market in the current year.
Experts Say About Significant Economic Potential of China’s Tech Sector
Experts Chang Shu and Eric Zhu suggest that in China, the local advanced technologies sector will become a platform for stimulating the growth of demand for goods and services, and by 2026 it may compete with the sphere of real estate in terms of the scale of impact on the state of the country’s economic […]
EU Starts Probe Into Meta, Apple and Alphabet
The European Union on Monday, March 25, announced the launch of an investigation into such technology giants as Apple, Alphabet, and Meta.
UK Retail Sales Demonstrate Positive Dynamic
In the United Kingdom, retail sales in the first two months of the current year turned out to be higher than preliminary expectations.
World Fund to Offer €300M to European Climate Tech Founders
German-based climate VC World Fund has raised a €300M fund to make substantial investments into European tech startups, developing technologies that can potentially decarbonise entire industries.
German Business Outlook Improves
In Germany, an improvement in business outlook was recorded, which turned out to be higher than preliminary expectations and gave rise to cautious hopes that the country’s economic system would leave the downturn zone, which turned it into a kind of outsider of the eurozone.
Amazon Taps Stripe to Power Just Walk Out Payments in Canada and Australia
Stripe has started powering payment transactions for retailers using Amazon’s Just Walk Out technology in Australia and Canada.
Bank of America Launches Massive Update to Its Mobile App
Bank of America has launched a massive update to its mobile app that integrates banking, investing, and retiring on one unified online platform.
Fintech Akulaku Secures HSBC Financing
Online lending platform Akulaku, which operates in Southeast Asia and is backed by Alibaba, secured $100 million in debt financing from HSBC, based in London.
