Baanx Raises $20 Million
The Baanx company, which specializes in cryptocurrency payments, raised financing for $20 million.
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Fyle Rolls Out Conversational AI
Fyle has launched a conversational artificial intelligence platform through which employees can send expense receipts and related details in text message format.
Visa and Western Union Form New Cross-Border Payment Agreement
Visa and Western Union have entered into a new agreement in the sphere of cross-border payment transactions.
Deutsche Börse Launches Regulated Spot Crypto Exchange
Crypto trading on the new Deutsche Börse Digital Exchange (DBDX) for crypto assets is now live.
Flipkart to Allow Transactions With UPI Instant Payments System
The Indian e-commerce marketplace Flipkart has launched a Unified Payments Interface (UPI) to expand its digital payment transaction offerings by adding an instant financial operations system popular in the South Asian country with an appropriate functional purpose.
Neobank Monzo Raises $430 Million
Digital bank Monzo, which is based in the United Kingdom, on Tuesday, March 5, announced that it had managed to raise new capital for $430 million from investors.
AMD Reportedly Hits Roadblock for China-Tailored Chip
Advanced Micro Devices (AMD) is currently striving to overcome the trade barriers that have been created by the United States around China.
JPMorgan to Cooperate With Cartes Bancaires CB
JPMorgan has become a principal member of the French payment network Cartes Bancaires CB.
Shares of NYCB Demonstrate Decline
The share price of New York Community Bank (NYCB) last Monday, March 4, showed a drop of 23%.
China Sets Economic Growth Target
The Chinese authorities have set a target for the growth of the country’s economic system for 2024.
Anthropic Launches New Models for Chatbot Claude
Anthropic, a startup that operates in the artificial intelligence industry, has released new software for its chatbot called Claude.
BIS Says About Success of Central Banks in Inflation Fight
The Bank for International Settlements (BIS) on Monday, March 4, said that financial regulators in many countries of the world are on the verge of victory in the struggle to resume control over the surge in inflation, which has become excessive and is transforming into a kind of autonomous trend.
Amazon’s Whole Foods Plans to Open New Small-Format Stores
An Amazon-owned grocery company will open new small-format stores that are focused on serving urban consumers making quick trips.
China’s Middle-Income Population Reportedly Hits 500 Million Mark
At the end of last week, Chinese state media published information according to which the number of citizens whose income is at a middle level in this country amounted to more than 500 million people.
Nvidia CEO Says About Prospects of Artificial General Intelligence
Nvidia CEO Jensen Huang believes that artificial intelligence, which logic of thinking is similar to the paradigm of the corresponding process implemented in the space of human consciousness, can be developed within the next five years.
JPMorgan Predicts Bitcoin Correction
JPMorgan analysts say that one of the most anticipated catalysts for further growth in the price of Bitcoin may eventually cause a decrease in the corresponding indicator.
