Goldman Strategists See Potential Profit Boom From AI
Strategists at Goldman Sachs Group Inc. believe that artificial intelligence can become a solid foundation for long-term profit growth in the United States.
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Paytronix & Square Integrate Online Ordering With POS
Paytronix is launching its advanced digital guest engagement solution for restaurants, retail chains and convenience stores on the Square App Marketplace, expanding restaurants’ reach beyond brick-and-mortar customers
UBS Sees $35 Billion Gain on Credit Suisse
UBS Group AG expects to make a profit of about $34.8 billion following the emergency takeover of Credit Suisse Group AG.
Samsung and Bank of Korea Collaborate on Offline CBDC
The media reported that Samsung is currently working with the Bank of Korea to create a central bank digital currency (CBDC).
Moss and Deutsche Bank Partner on Payments via Expense Management Platform
The media reports that Moss has established a partnership with Deutsche Bank.
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
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
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
Wells Fargo Reaches $1 Billion Settlement With Shareholders
Wells Fargo & Co has decided to pay $1 billion to settle the court agreement.
Vodafone to Cut 11,000 Jobs
Vodafone announced its intention to lay off 11 thousand employees.
Microsoft’s $69 Billion Activision Deal Wins EU Approval
In the European Union, the regulator approved Microsoft’s corporation takeover of Activision Blizzard Inc.
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
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.
Amazon to Add Generative AI to Marketplace Search
Amazon intends to introduce a ChatGPT-style product search system into its online store.
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
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
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