News - page 243

Finance & Economics

OpenAI Closes $300 Million Share Sale

OpenAI startup, which has developed a popular conversational model of artificial intelligence ChatGPT, actively interacts with venture capital companies.

Fintech & Ecommerce

AI Platform to Analyze Creative Advertising Raises $5.1 Million

Startup Alison, which is based in Israel, announced that following the results of the preliminary round of financing, it managed to attract investment funds in the amount of $ 5.1 million.

Blockchain & Crypto

Mastercard Crypto Credential to Boost Trust in Blockchain

The first use case trial of the Mastercard Crypto Credential solution will enable blockchain transfers between U.S. and LAC

Fintech & Ecommerce

Uber Freight Launches Fleet Card With Spend Management Tools

Uber Freight and AtoB have established a partnership to provide access to fintech tools to cargo transportation operators.

Finance & Economics

Credit Suisse Southeast Asia FIG Head Says to Join Deutsche Bank

The media, citing informed sources, report that the head of the Credit Suisse Group AG group of financial institutions in Southeast Asia, Nick Thursby, is joining Deutsche Bank AG.

Finance & Economics

Dropbox Lays Off 500 Employees

Cloud storage giant Dropbox has joined technology companies that are implementing a workforce reduction policy, announcing the layoff of 16% of staff, which is equivalent to about 500 people.

Fintech & Ecommerce

Amazon Posts $3.2 Billion Profit

Amazon starts the year with a quarterly profit.

Science & Technology

Microsoft Xbox Chief Seeks to Reassure Game Staff on Activision

Microsoft Corp. Executives They tried to assure employees of the Xbox gaming division of the possibility of approving the planned purchase of Activision Blizzard Inc. for $ 69 billion, noting that success in games depends not only on the deal.

Finance & Economics

JPMorgan Creates AI Model to Analyze Fed Speeches

A week before the Federal Reserve meeting, JPMorgan Chase & Co. presented an artificial intelligence model based on ChatGPT, the purpose of which is to decipher an in-depth analysis of central bank messages and identify potential signals for the trading sector.

Blockchain & Crypto

EU Parliament Approves Transfer of Funds Crypto Regulation

The Transfer of Funds regulation presupposes applying the same tracing requirements to crypto asset transfers as EU regulators demand from traditional money transfer providers The EU Parliament has voted to approve a new set of rules that allows the tracing of crypto-asset transfers, including bitcoin and electronic money tokens. The Transfer of Funds Regulation (TFR) means that […]

Fintech & Ecommerce

Pyypl Rolls Out Social Micro-Investment Platform for African SMEs

Pyypl micro-investment platform aims to build a social ecosystem for entrepreneurs across Africa and improve access to digital financial services for informal employment sectors UAE-based fintech Pyypl has introduced a new micro-financing platform catering to the needs of African self-employed people, micro, small and middle-sized businesses. Having raised $20m to expand financial inclusion in the […]

Fintech & Ecommerce

Mobile Money Grows Faster Than Expected: Report

The number of registered mobile money accounts globally rose by 13% in 2022, while total mobile money transaction values grew to $1.26 trillion

Fintech & Ecommerce

Armenian Ardshinbank Enables Merchants to Accept Payments on Android Devices

DigiPOS solution from Ardshinbank supports payments via contactless credit and debit cards as well as mobile wallets such as Apple Pay and Google Pay

Fintech & Ecommerce

Amazon Pay Rolls Out Citi Flex Pay to Give Credit Card Users Instalment Option

Citi credit card holders have been able to make payments in installments using Amazon Pay when placing an order on thousands of online store sites.

Science & Technology

AI Startup Pinecone Raises $100 Million

The startup Pinecone Systems Inc., which specializes in supporting software for artificial intelligence, announced the attraction of investment funds for $ 100 million following the results of the financing round.

Fintech & Ecommerce

Korean Fintech Kakao Pay to Acquire Majority Stake in US Brokerage Firm Siebert

Kakao Pay, the online payment service of the South Korean messenger and Internet giant Kakao, announced the acquisition of a stake in Siebert Financial, a brokerage firm based in New York.