US Black Friday Online Sales Approach $10 Billion
The media reports that this year in the United States in the segment of virtual sales, consumers spent a record $9.8 billion during Black Friday.
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Neuralink Raises $43 Million
Neuralink, a company founded by Elon Musk that specializes in the development of implantable chips capable of reading brain waves, was able to attract additional venture capital for $43 million.
White House Reportedly to Redouble Measures to Strengthen Supply Chains
The media reports that this week the administration of the President of the United States Joe Biden will double measures aimed at strengthening the supply chain.
HSBC Customers Face Mobile Banking Outage
In the UK, thousands of HSBC customers are faced with the problem of accessing online banking and mobile banking services.
Berkshire Hathaway Exits India’s Paytm
American Berkshire Hathaway Inc. has withdrawn from the Indian Paytm, as evidenced by information on the local stock exchange.
Russia’s Sanctioned Sovcombank Applies for US Licence to Make UN Climate Payments
Sovcombank, one of Russia’s major financial institutions, sanctioned by the US, UK and EU, has applied to the US Treasury for a licence to make membership payments to a United Nations climate funding programme.
Google’s AI Chatbot Answers Questions About YouTube Videos
Google has announced that its artificial intelligence-based chatbot called Bard can now answer users’ questions about videos posted on YouTube.
Swedbank Robur Launches Two Climate Funds
Swedbank Robur, as part of the implementation of its strategy of activities related to rolling out projects aimed at protecting the environment, is launching two new funds specializing in climate and climate bonds.
PaymentSense Intends to Obtain Irish Money Licence
In the foreseeable future, competition may intensify in the payment sector in Ireland, as the British-based company PaymentSense plans to apply to the Central Bank of the said country for a license for electronic money.
Majority of UK Banks Test GenAI
Currently, according to UK Finance survey, in the United Kingdom, many local companies and organizations that operate in the sphere of financial services are using generative artificial intelligence technologies and tools in a test mode.
Lloyd’s of London Launches Consultation to Transit to Net Zero
Lloyd’s, the London-based marketplace for insurance and reinsurance, has launched a consultation on its roadmap towards net zero goal.
Trafalgar & Thought Machine to Create a Mexico-Based FinTech
Trafalgar will use Thought Machine’s core banking platform to develop a suite of additional financial services, including digital cards, POS systems, digital authentication, and more, for the new Mexico-based FinTech
Singapore Tightens Crypto Regulation
The Monetary Authority of Singapore (MAS) introduces new investor protection measures for crypto service providers to discourage cryptocurrency speculation among retail customers.
Binance Investors Pull $956M After Changpeng Zhao Steps Down
Crypto exchange Binance saw about $956 million in outflows in 24 hours after its CEO, Changpeng Zhao, stepped down, pleading guilty to settle a years-long U.S. illicit finance probe.
TikTok Mulls Tokopedia Investment for New E-Commerce Platform
TikTok is reportedly considering an investment into Tokopedia, a unit of Indonesia’s GoTo Group, to revive its e-commerce service in Southeast Asia’s largest retail market.
Climate Alpha Raises Seed Funding to Help Real Estate Sector Analyze Climate Change Impact
Singaporean startup Climate Alpha uses AI to enable real estate owners and investors to analyze the impact of climate change on their portfolios.
