News - page 239

Science & Technology

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

Science & 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.

Finance & Economics

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.

Blockchain & Crypto

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

Fintech & Ecommerce

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

Blockchain & Crypto

Estonia Shuts Down Hundreds Local Crypto Firms Under New Legislation

About 400 virtual asset service providers have either lost their licences or voluntarily shut down in Estonia after the government enhanced TFP and AML laws with stricter rules for the crypto industry players

Finance & Economics

UK Greenlights $7.3 Billion Merger Between Satellite Rivals Viasat and Inmarsat

The UK Competition and Markets Authority (CMA) has officially approved the proposed merger of Viasat and Inmarsat worth $7.3 billion.

Blockchain & Crypto

Sam Bankman-Fried Wants His Case Thrown Out of Court

The lawyers of FTX founder Sam Bankman-Fried last Monday, May 8, filed petitions to dismiss the charges brought against him by the US government, of involvement in fraud.

Fintech & Ecommerce

Amazon Pays Customers for Pickup to Cut Delivery Costs

Amazon offers its customers a reward of $ 10 for the pickup of purchased goods.

Science & Technology

Spotify Takes Down AI-Generated Music

Tens of thousands of songs created with the help of the AI music startup Boomy have been removed from the music streaming platform Spotify

Fintech & Ecommerce

Stripe Partners WhatsApp for In-Chat Payments in Singapore

Stripe and WhatsApp launch a feature that allows Singapore businesses to accept payments directly in WhatsApp chats

Finance & Economics

LinkedIn Cuts 700 Jobs and Closes China App

LinkedIn has cut 716 jobs, taking the baton of layoffs among large technology companies.

Fintech & Ecommerce

Malaysia and Indonesia Link Cross-Border QR Payment Systems

The Indonesia-Malaysia cross-border QR code payment linkage launches to make instant retail payments, expand markets for local businesses, and facilitate increased settlements in local currency

Blockchain & Crypto

Zimbabwe Unveils Gold-Backed CBDC

Zimbabwe has presented a digital currency that is backed by gold.

Finance & Economics

JPMorgan to Pay Frank Founder’s Legal Fees

J.P. Morgan Chase will pay the legal costs of the disgraced founder of the fintech company with whom it is suing.

Fintech & Ecommerce

Ecobank Kenya Rolls Out Fingo Africa Financial App for Local Youth

The Fingo Africa app aims to enhance financial inclusion for young people both in Kenya and across the wider African landscape Part of the pan-African banking Group, Ecobank Kenya, launched the Fingo Africa app to enable African youth open bank accounts with their mobile phones. Ecobank has developed the touth-focused app in close collaboration with a […]