News - page 224

Finance & Economics

SEC Hits Former Wells Fargo Community Bank Lead With $3 Million Fine

In the United States, the Securities and Exchange Commission on Tuesday, May 30, announced an agreement with the former head of the Community Bank Wells Fargo & Co. Carrie L. Tolstedt.

Fintech & Ecommerce

MAS and Google Cloud Collaborate on Generative AI

The Monetary Authority of Singapore (MAS) established a partnership with Google Cloud to explore potential formats for the use of generative artificial intelligence.

Fintech & Ecommerce

HSBC Launches ESG Index

HSBC has launched a global index that uses artificial intelligence to assess the improvement of the company’s ESG indicators and their potential in terms of the possibility of influencing the growth of financial dynamics.

Science & Technology

Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups

Baidu Inc. has created something like a fund to finance Chinese startups that specialize in research in the field of generative artificial intelligence.

Finance & Economics

UAE and Hong Kong Strengthen Financial Cooperation

The Central Banks of the United Arab Emirates (UAE) and Hong Kong held a bilateral meeting to enhance collaboration between the two financial services sectors, including cooperation on virtual asset regulations

Fintech & Ecommerce

Mastercard to Share Card Data With Other Payment Networks Under FTC Order

Under the FTC card data routing order, Mastercard must start providing competing networks with customer account information they need to process debit payments

Fintech & Ecommerce

Amazon Tests Dine-In Payments in India

After the closure of the food delivery business last year, Amazon India began experimenting with paying for lunch.

Fintech & Ecommerce

Six Flags Adds Amazon’s Tech

The media reports that Six Flags has become the first theme park to integrate Amazon technology called Just Walk Out into its space.

Fintech & Ecommerce

Cinkciarz Wins Judgement in Google Ads Case

The Polish court ordered the owner Internetowykantor.pl and the Walutomat website, an online currency exchange service platform, to apologize and pay compensation to Cinkciarz.pl, the company from Conotoxia Holding, and donate an additional amount to charity.

Fintech & Ecommerce

FinTech Australia and FDATA Call For CDR Roadmap

The leading Australian peak body of the fintech industry, FinTech Australia, and the global non-profit organization supporting open banking companies, FDATA, have published a joint appeal addressed to politicians calling for the creation of a roadmap for the implementation of consumer data rights (CDR).

Finance & Economics

NYDFS Fines OneMain for Cybersecurity Violations

Financial Services Superintendent Adrienne A. Harris announced that OneMain Financial Group LLC was fined $4.25 million for cybersecurity violations.

Fintech & Ecommerce

WPP Partners With Nvidia to Accelerate Production of Advertising Content

WPP has established a partnership with Nvidia.

Fintech & Ecommerce

Uber’s European Business Grows After Partnering With Taxi Drivers

Uber accounts for a growing share of taxi drivers’ business in Europe.

Blockchain & Crypto

Web3 App STEPN Integrates Apple Pay

STEPN, a Web3 lifestyle app that encourages people to move through a blockchain rewards system, has integrated a popular mobile wallet Apple Pay to enable fiat in-game purchases

Fintech & Ecommerce

Alipay+ Expands to Thailand

The four mobile wallets supported by Ant Group’s payment system Alipay+ are now accepted in Thailand

Blockchain & Crypto

Crypto Bills Hang by a Thread in US

A few drafted crypto-related bills are still left without any resolution in the US, while one may be eliminated altogether