Citi Adds Installment Loans and Lines of Credit Options to Retail POS
Citi Retail Services is adding new point-of-sale (POS) lending capabilities to its built-in payment services.
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Online Car Platforms Strive to Right-Size Inventory as eCommerce Volumes Plummet
Earnings reports indicate that the profitability of the largest players in the online car sales market is declining amid the actions of retailers to reduce inventory.
Robinhood CEO Says Every Company to Transition Into AI Company
The co-founder and chief executive officer of Robinhood Markets, Vlad Tenev, during the earnings report for the first quarter of 2023 to investors, said that over time, each company will be forced to integrate artificial intelligence-based tools into its business structure.
Mastercard Opens D&S Hub in Kuala Lumpur
Mastercard launched its new data and services (D&S) hub in Kuala Lumpur, which will nurture a talent pipeline and serve clients in the areas of cybersecurity, credit risk, and data analytics across the Asia Pacific region
MobilityOne and Wibmo Partner to Enter Prepaid Card Market in Malaysia
The partnership enables the two companies to foray into the Malaysian prepaid card market with various prepaid programs catering to consumer, corporate, government and the health sector Wibmo, a subsidiary of PayU, has partnered with the Malaysian payment firm MobilityOne to back the issuance of Mastercard prepaid cards in Malaysia through its prepaid platform Wibmo Hexa. Using […]
Disney+ Streaming Service Loses 4 Million Subscribers in First Quarter
Disney has announced that its flagship streaming service has lost 4 million subscribers in the first three months of this year.
Google Unveils New AI Features, Opens Bard for General Public
Forget about the waitlist for Bard – ChatGPT rival created by the tech giant Google. It is now available in over 180 countries and territories, with support for 40 more languages coming soon. Besides, Google has presented the new exciting AI-enabled features of its existing products
Briton Pleads Guilty in US to 2020 Twitter Hack
A British citizen extradited to the United States in April pleaded guilty in New York to involvement in one of the largest hacks in the history of social networks.
Ascend Raises $25 Million for Pre-Seed AI Startups in Pacific Northwest
Ascend, which is based in Seattle and operates in the field of artificial intelligence, announced the closure of the second round of raising funding for $25 million.
Sound Ventures Invests Half Its $240 Million AI Fund Into Three Companies
The Beverly Hills, California-based venture capital firm Sound Ventures, led by general partners Ashton Kutcher, Guy Osiri, and Effie Epstein, announced the creation of a new $240 million artificial intelligence fund last week, already half of this money has been invested in three companies: OpenAI, Anthropic, and Stability.AI.
Akurateco Сollaborates With World-Card to Integrate Pix Payment Method
Akurateco, a European-based global white-label payment gateway provider, has recently announced its latest integration with Pix, the instant payment method in Brazil. The partnership was formed with the help of World-Card, a global payment solution provider. Launched in November 2020, Pix is an instant payment system that was developed by the Central Bank of […]
Wendy’s Taps Google Cloud to Trial AI Chatbot Drive-Thru Operator
Wendy’s FreshAI chatbot tool has the potential to transform Wendy’s drive-thru food ordering experience with Google Cloud’s generative AI and large language models (LLMs) technology
IBM Intros Slew of New AI Services
At its annual Think conference, IBM announced a new Watsonx platform that provides tools for creating artificial intelligence models and access to pre-trained AI variations capable of generating computer code, text, and much more.
Bank of France Head Says Tough Regulations Make EU Lenders Robust
The head of the central bank of France said that strict measures to regulate the processes taking place in the banking sector create an advantageous position for creditors.
Visa Designed CBDC-Based Finance Platform for Farmers
Identifying new use cases for Brazil’s central bank digital currency (CBDC), Visa created a programmable finance platform for SMEs, particularly farmers, using tokenized farm contracts to access global capital markets
Traditional Islamic Donations Now Accepted Via SoftPOS in Malaysia
Malaysian Zakat collection centre has begun piloting a SoftPOS solution that enables charity employees to accept contactless donations on their Android NFC smartphones
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