News - page 234

Science & Technology

Google Turns to AI Chat For Search Engine Revamp

Google is using artificial intelligence to massively modernize its Internet search system.

Fintech & Ecommerce

Swedish Open Banking Startup Kreditz Raises €10 Million

Swedish open banking startup Kreditz has announced that it has managed to attract investment funds for 10 million euros.

Finance & Economics

TD Bank Blames Regulatory Uncertainty for Failed First Horizon Acquisition

Canadian TD Bank canceled the planned purchase of the American financial institution First Horizon.

Fintech & Ecommerce

Starbucks Testing Palm Payments

The coffee giant Starbucks has started testing Amazon’s biometric payments solution, enabling customers to get their cup of coffee by scanning their palm

Finance & Economics

Kenya Proposes Crypto Transfer Tax

The Kenyan national budget, which will be presented on June 8, proposes a 3% tax on the transfer of digital crypto assets

Fintech & Ecommerce

Shopify Cuts 20% of Staff

Shopify announced its intention to lay off more than 2 thousand employees as part of efforts aimed at intensifying activities in the field of e-commerce.

Finance & Economics

British Banks Warn of Big Increase in Online Scams

British banks report that at the end of last year, there was a significant increase in fraud, most of which is observed in the online space.

Society & Lifestyle

Ex-Uber Security Chief Gets No Prison Time for Hack Cover Up

The former security chief of Uber Technologies Inc. has avoided jail time for concealing information about a large-scale identity theft that occurred in 2016.

Fintech & Ecommerce

Danske Bank Now Helps Businesses Track Their Customers’ Financial Health

The new B2B business intelligence service enables Danske Bank business customers to check their customers’ creditworthiness and access the risks of non-payment

Finance & Economics

Asia Investors Sue Switzerland Over Bank Collapse

Asian investors have joined international lawsuits against the Swiss government in connection with its actions to take over Credit Suisse bank.

Finance & Economics

Apple Sales Continue to Fall

Apple’s sales continue to follow a downward trajectory.

Blockchain & Crypto

Brazil Pilots CBDC in Stores

Central Bank of Brazil is ready to start trials of its proposed CBDC across various use cases including in-store and offline NFC payments

Blockchain & Crypto

Bitdeer and Bhutan Investment Arm Launch Sustainable Digital Asset Mining

The upcoming carbon-free digital asset mining operations in Bhutan complement Bitdeer’s international expansion, with existing data centers in Northern Europe and North America

Blockchain & Crypto

Coinbase Gives Up On Bitcoin-Backed Loans

Coinbase stopped issuing new Bitcoin-backed loans through its Borrow service, which allowed users to borrow up to $1 million with no credit check The crypto exchange Coinbase informed its customers that starting May 10, 2023, the company terminates its Coinbase Borrow service which allowed US users to receive fiat loans with crypto collateral. The lending feature […]

Finance & Economics

PacWest Bancorp Reportedly Considers Sale

The media reports that PacWest Bancorp, which is in a difficult situation, is considering selling, breaking up, or increasing its capital.

Fintech & Ecommerce

Lemonade Expects Generative AI to Improve Business Processes and Profits

Lemonade Insurance company expects that with the help of generative artificial intelligence, it will automate and improve its business processes.