News - page 247

Fintech & Ecommerce

Mercari Brings ChatGPT Shopping Assistant to Secondhand Market

With the new Merchat AI by Mercari, customers can engage in real-time conversations with the virtual ChatGPT-powered shopping assistant and receive product recommendations

Fintech & Ecommerce

Al Hilal Bank Partners With BLME to Bring Digital UK Banking to UAE

Al Hilal Bank customers in the UAE now have a quick and simple way to access digital banking services as if they were in the UK

Finance & Economics

Bank of America’s Erica Use More Than Triples Since 2020

Brian Moynihan, CEO of Bank of America (BofA), in his earnings report for the first quarter of this year, said that each business segment showed good results during this period, as the financial giant quickly and organically developed customer relationships and accounts.

Science & Technology

Elon Musk Says to Make AI Safe Requires New Model and Regulations

Elon Musk strives not only for a new model of generative artificial intelligence but also for the creation of a system of government regulation of this sphere.

Society & Lifestyle

Reddit to Charge for Access to Its API

Following Twitter, which decided to restrict third-party access to its data, Reddit on Tuesday, April 18, announced the launch of the practice of charging for the use of the API.

Science & Technology

Microsoft Develops AI Chip

Microsoft is developing a new artificial intelligence chip under the internal code name Athena.

Fintech & Ecommerce

Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits

The head of the Federal Reserve System, Michel W. Bowman, said that the advantages of the central bank’s digital currency (CBDC) are more likely to exceed the risks associated with its use.

Science & Technology

Meta Horizon Worlds Adds Controls as It Lowers Age Requirement

Meta has announced a relaxation of age requirements, compliance with which allows users to access the virtual reality (VR) platform.

Blockchain & Crypto

Striga Launches APIs for Crypto Cards Programme

Estonian crypto infrastructure provider, Striga, has launched a set of APIs to help crypto companies generate branded bank cards

Society & Lifestyle

Mastercard Customizes Solutions for Female Entrepreneurs

Mastercard has introduced a suite of services dedicated to the financial needs of female business owners across the regions of Latin America and the Caribbean

Science & Technology

Nine More US States Join Lawsuit Against Google

Nine more states have joined the US Department of Justice’s lawsuit against Alphabet (GOOGL.O) Google.

Fintech & Ecommerce

Network International in Talks Over £2 Billion Bid

Network International, which is based in Dubai, is currently in talks with a consortium led by CVC Capital Partners to buy the company for 2 billion pounds.

Fintech & Ecommerce

Yonder Secures £62.5 Million in Series A Funding

Startup Yonder, which specializes in issuing Rewards credit cards, has secured equity of 12.5 million pounds and a credit line of 50 million pounds to expand operations.

Finance & Economics

UK Regulators Deliver Roadmap for Future of Open Banking

In the UK, local financial regulators have unveiled plans for the future development of open banking.

Finance & Economics

Bank of England Says Stablecoin Use Need Limits

The Deputy Governor of the Bank of England, John Cunliffe, admitted that, with a high degree of probability, regulators will be forced to introduce restrictive measures regarding the possibility of using stablecoins to perform payment financial operations.

Fintech & Ecommerce

Lloyds Bank Launches PayMe for Instant B2B Payouts

Lloyds Bank has announced the launch of a new service through which businesses can make one-time payments in cases where there is no information about the details of the recipient.