News - page 22

Uber Taps AWS New Chips to Optimize Rides Matching With Millisecond Precision
Science & Technology

Uber Taps AWS New Chips to Optimize Rides Matching With Millisecond Precision

To boost the optimization of ride-sharing and on-demand delivery services, two segments where speed and matching accuracy matter dearly, Uber expands its continuous collaboration with Amazon’s AWS, testing new chip models for smarter AI predictions and handling demand spikes in real-time.

INXY Payments Raises $7M to Expand Its Global Crypto-to-Fiat Payments Platform
Blockchain & Crypto

INXY Payments Raises $7M to Expand Its Global Crypto-to-Fiat Payments Platform

INXY Payments has now raised a total of $7 million in funding across two rounds to expand its global payments platform, enabling merchants accepting altcoins and stablecoins from their clients without extra crypto cash-out worries.

Agentic Automation in Finance Summit 2026 Convenes Industry Leaders in Stockholm
Fintech & Ecommerce

Agentic Automation in Finance Summit 2026 Convenes Industry Leaders in Stockholm

The Agentic Automation in Finance Summit 2026 will take place on 15 September 2026 in Stockholm, Sweden, bringing together  senior leaders from across banking, fintech, insurance, and financial services. This marks the 9th European edition of the global  series, convening 25+ speakers and around 150 senior decision-makers from the Nordic and wider European financial ecosystem. 

Sri Lanka Bets on Fee-Free QR Payments to Move Past Cash Into the Digital Age
Fintech & Ecommerce

Sri Lanka Bets on Fee-Free QR Payments to Move Past Cash Into the Digital Age

Sri Lanka has doubled its effort to make QR payments part of its citizens’ everyday life, removing merchant fees on LankaQR transactions up to 5,000 rupees, trying to shift consumers and small vendors away from cash and into digital rails.

Online Trading Expo 2026 Sets Stage in Hong Kong to Redefine the Future of Fintech and Global Brokerage
Fintech & Ecommerce

Online Trading Expo 2026 Sets Stage in Hong Kong to Redefine the Future of Fintech and Global Brokerage

HONG KONG – As the global financial landscape undergoes a radical transformation driven by AI and decentralized finance, the Online Trading Expo 2026 is proud to announce its upcoming edition takes place on 27–28 May 2026 at AsiaWorld-Expo in Hong Kong. This premier event is designed to be the ultimate bridge for global brokers and […]

Western Union Acquires APAC Wallet Dash From Over-Century-Old Telecom Giant
Fintech & Ecommerce

Western Union Acquires APAC Wallet Dash From Over-Century-Old Telecom Giant

Western Union will now have its own wallet service in Singapore, extending its existing presence of 80 agent locations in the country with the digital payment reach of over 1,4 million local citizens using Dash, previously owned by Singtel.

Italy Fines Revolut €11.5M Over Alleged Misleading Practices, Adds to Regulatory Scrutiny
Fintech & Ecommerce

Italy Fines Revolut €11.5M Over Alleged Misleading Practices, Adds to Regulatory Scrutiny

Italy’s competition and consumer protection authority has fined multiple entities within the Revolut group €11.5 million (about $12.2 million) for alleged unfair commercial practices related to how the financial technology firm marketed and managed some of its services in the Italian market, according to regulatory sources.

Circle’s Arc Is Building Quantum Resistance Before It Needs To And That’s the Point
Blockchain & Crypto

Circle’s Arc Is Building Quantum Resistance Before It Needs To And That’s the Point

In a blockchain industry largely content to defer hard problems until they become crises, Circle is doing something unusual: solving one before it arrives.

Bitget Wallet Integrates XRP Ledger and RLUSD Stablecoin for 90 Million Users
Blockchain & Crypto

Bitget Wallet Integrates XRP Ledger and RLUSD Stablecoin for 90 Million Users

Bitget Wallet has added the XRP Ledger (XRPL) and Ripple’s USD-pegged stablecoin RLUSD to its platform, giving more than 90 million users access to XRP-based payments, cross-border transfers, and on- and off-ramps between fiat and stablecoins.

ER Group Opens Nairobi Office to Expand East African Investments and Partnerships
Finance & Economics

ER Group Opens Nairobi Office to Expand East African Investments and Partnerships

Mauritian business conglomerate ER Group has established a regional office in Nairobi, Kenya, as part of its strategy to increase investment and partnerships across East Africa. The move follows the creation of a regional fund with equity partners to support expansion in the region.

Coinbase Scores Key Federal Win With U.S. Trust Charter Approval: What It Means for Crypto
Blockchain & Crypto

Coinbase Scores Key Federal Win With U.S. Trust Charter Approval: What It Means for Crypto

Coinbase has secured a major regulatory breakthrough in the United States, receiving conditional approval for a national trust charter from the Office of the Comptroller of the Currency (OCC). The decision marks one of the most significant federal endorsements of a crypto firm to date and could reshape how digital assets are handled at scale.

Microsoft Commits $10B to AI and Cybersecurity in Japan: One of Its Largest Bets in Five Years
Science & Technology

Microsoft Commits $10B to AI and Cybersecurity in Japan: One of Its Largest Bets in Five Years

Microsoft has announced a $10 billion investment in Japan, marking one of the company’s most significant global commitments in recent years and underscoring the intensifying race to build artificial intelligence (AI) and cybersecurity infrastructure at scale.

Mercury Targets $5B+ Valuation as It Expands Into Payroll With Central Acquisition
Fintech & Ecommerce

Mercury Targets $5B+ Valuation as It Expands Into Payroll With Central Acquisition

Fintech firm Mercury is accelerating its push to become a full-service financial platform for businesses, entering the payroll market through the acquisition of AI startup Central, while reportedly pursuing a new funding round at valuation exceeding $5B.

U.S. Economy: Growth Projections Amid Rising Public Pessimism
Finance & Economics

U.S. Economy: Growth Projections Amid Rising Public Pessimism

As the U.S. economy enters 2026, official economic forecasts paint a cautiously optimistic picture on paper — even as consumer sentiment plummets and public confidence crumbles.

AI vs. the Workplace: A Wake-Up Call on Machines Replacing Managers Brought Up by Jack Dorsey
Science & Technology

AI vs. the Workplace: A Wake-Up Call on Machines Replacing Managers Brought Up by Jack Dorsey

As artificial intelligence (AI) continues its rapid sweep across industries, executives often tout a future where AI doesn’t just assist human workers — it replaces them in workplace settings altogether. The idea that a company might eliminate entire layers of staff in favour of intelligent systems isn’t just sci‑fi anymore; it’s playing out in boardrooms […]

Poland’s BLIK Breaks Into the Eurozone and 21 Million Users Could Soon Shop Across Europe Without Switching Apps
Fintech & Ecommerce

Poland’s BLIK Breaks Into the Eurozone and 21 Million Users Could Soon Shop Across Europe Without Switching Apps

What if you could pay for a holiday booking in Slovakia, a subscription in Portugal, or a marketplace order in Italy — all with the same app you use to split a lunch bill in Warsaw? For 21 million BLIK users, that future just got a lot closer.