News - page 230

Fintech & Ecommerce

Sezzle’s BNPL Option Helps Building Credit Score

Sezzle’s Pay-in-2 option expands the range of the company’s existing BNPL products and may help customers build their credit score in conjunction with the Sezzle Up feature

Fintech & Ecommerce

N26 Brings Yield-Bearing Savings to Spain

The new N26 Instant Savings account offers customers in Spain a 2.26% yield, empowering customers to have a better relationship with their money

Fintech & Ecommerce

Emirates NBD Enters Sustaibability-Focused Partnership With Microsoft

The sustainability and innovation-focused collaboration between Emirates NBD and Microsoft will be based on four pillars: measurement, data conversion, ecosystem development and process improvements

Finance & Economics

Wells Fargo Reaches $1 Billion Settlement With Shareholders

Wells Fargo & Co has decided to pay $1 billion to settle the court agreement.

Finance & Economics

Vodafone to Cut 11,000 Jobs

Vodafone announced its intention to lay off 11 thousand employees.

Finance & Economics

Microsoft’s $69 Billion Activision Deal Wins EU Approval

In the European Union, the regulator approved Microsoft’s corporation takeover of Activision Blizzard Inc.

Fintech & Ecommerce

Facctum Launches Anti-Fincrime Tech for Nigerian Banks

The new anti-financial crime solutions harness the power of parallel processing technology to help Nigerian financial institutions modernise financial crime detection

Finance & Economics

TD Bank Needs Years to Address Regulators Concerns

An analyst at Barclays Plc claims that, with a high degree of probability, Toronto-Dominion Bank will not be able to conclude deals on the acquisition of retail banking services in the United States for the next few years.

Fintech & Ecommerce

Amazon to Add Generative AI to Marketplace Search

Amazon intends to introduce a ChatGPT-style product search system into its online store.

Science & Technology

Hitachi Dives Into Generative AI

Japan tech conglomerate Hitachi has established the “Generative AI Center” to promote the secure and efficient use of Generative Artificial Intelligence

Fintech & Ecommerce

Kenyan Fintech M-Kopa Raises $250M to Extend Financial and Sustainability Services

M-Kopa will use the new debt and equity funding to expand financial services offering to underbanked consumers across Sub-Saharan Africa, as well as reduce greenhouse gas emissions in Kenya and Uganda

Blockchain & Crypto

Binance Introduces Upgrade to Staking and New Reward Hub

Wrapped Beacon ETH presents new staking opportunities to the customers of the crypto exchange Binance, while the new Reward Hub will be a one-stop portal for different promotional activities and reward redemption

Fintech & Ecommerce

Amazon Uses AI to Speed Up Delivery

The media reports that Amazon has integrated artificial intelligence into its inventory system to speed up the process of delivering goods to customers.

Finance & Economics

Vice Media Files for Chapter 11 Bankruptcy Ahead of Sale

Vice Media filed for Chapter 11 bankruptcy protection on Monday, May 15, to facilitate the planned sale of the company shortly and make the firm’s future more secure.

Finance & Economics

Google Co-Founders Gain $18 Billion as AI Boost Lifts Stock

The co-founders of Google have multiplied their material well-being against the background of mass interest in the field of artificial intelligence technologies.

Fintech & Ecommerce

Alibaba Vows Historic Investment in Taobao App

The e-commerce division of Alibaba Group Holding Ltd. intends to direct huge investments to the development of its Taobao trading application.