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.
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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
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
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.
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.
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 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).
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.
WPP Partners With Nvidia to Accelerate Production of Advertising Content
WPP has established a partnership with Nvidia.
Uber’s European Business Grows After Partnering With Taxi Drivers
Uber accounts for a growing share of taxi drivers’ business in Europe.
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
Alipay+ Expands to Thailand
The four mobile wallets supported by Ant Group’s payment system Alipay+ are now accepted in Thailand
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
Amex to Use AI to Improve Customer Experience
After numerous experiments, American Express (Amex) aims to utilize AI technology for approving credit lines as well as providing predictive analytics
Chipotle Founder Reportedly Creates Robotic Restaurant
While many restaurants are implementing automation systems and revising the approach to understanding the acceptable number of staff without compromising the level of product quality and customer service, Chipotle founder and former CEO Steve Ells, according to media reports, decided to maximize aspirations in the process of robotization of catering establishments.
India’s XFlow Raises $10.2 Million to Expand Cross-Border Payments Solution
The Indian company XFlow announced that it managed to raise investment funds for $ 10.2 million following the results of the Series A pre-financing round.
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