Nigeria Adds NFC Function to Boost eNaira Adoption
The Nigerian central bank hopes that the addition of NFC technology will improve the adoption rates for the country’s CBDC – eNaira
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Capital One Publishes Results for Second Quarter of 2023
The American bank holding company Capital One has released financial results for the second quarter of 2023.
Apple Considers Removing Messaging Services from UK
The media reports that Apple has taken a position of radical rejection of updates to the Investigatory Powers Act, which was proposed by the British government.
US House Republicans Revise Crypto Oversight Bill
In an attempt to address the pressing need for adequate regulations in the rapidly evolving world of cryptocurrency and digital assets, US House Republicans unveiled a revised Financial Innovation and Technology for the 21st Century Act. The bill, introduced by the House Committees on Agriculture and Financial Services, aims to establish a comprehensive regulatory framework […]
OpenAI Supports Requiring Licenses for Advanced AI Systems
The memorandum on internal policy prepared by OpenAI indicates that this company supports the idea of mandatory licensing of the activities of firms that intend to develop advanced artificial intelligence systems.
JPMorgan Fund Bets Asia Chip Stocks
The $1.4 billion fund, which is currently managed by JPMorgan Asset Management, is betting on shares of Asian companies whose activities are related to the supply of chips and which are trying to catch up with their American counterparts.
TikTok Partners With Atome for Malaysia E-Commerce
TikTok’s e-commerce unit announced that it has reached an agreement on a partnership with the fintech platform Atome, which is part of the ownership structure of Advance Intelligence Group.
UK Regulator to Roll Out Isolated Environment for Testing Financial Apps
The Financial Conduct Authority of the United Kingdom (FCA) intends in the foreseeable future to provide companies with access to an isolated technological environment in which firms will be able to test the functioning of their digital products at an early stage of development.
Myanmar Shadow Government to Launch Neobank to Finance Fight Against Military Junta
The shadow government of Myanmar, the National Unity Government (NUG), plans to create a neobank, whose activities will be carried out on the Polygon platform.
Mizuho to Create Fund to Support Japanese Tech Startups
Mizuho Financial Group announced plans to create a debt fund that will focus on supporting Japanese startups operating in the technology sector.
Apple Reportedly Works On AI Tools
The media reports that Apple is currently actively developing artificial intelligence tools.
Netflix Reduces Availability of Ad-Free Plan
Netflix announced a restriction on the availability of the cheapest monthly tariff plan, which provides for the absence of advertising.
Citi Rolls Out Working Capital Loans
Citi announced its intention to meet the working capital needs of commercial clients as part of its activities.
Microsoft CEO Defends AI Pricetag
The CEO of Microsoft said that the decision of the technology giant to charge a fee of $30 per month for consumers’ access to artificial intelligence functions was fair and justified.
Societe Generale Unit Gets Crypto License
The blockchain unit of Societe Generale announced the receipt of a license, which was issued within the framework of the new cryptography rules in France.
Westpac Splits Consumer and Business Banking Unit
The combined Westpac business unit is going to be split into two, each with its own CEO
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