Two-Thirds of Businesses to Use Fewer PSPs
The new report shows that businesses worldwide are planning to cut their supplier list, with using fewer payment service providers (PSPs) considered to be the main way to reduce operational costs.
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Nubank Customer Base in Latin America Surpasses 90 Million
Brazilian challenger Nubank has surpassed 90 million customers in Latin America across its operations in Brazil, Colombia, and Mexico.
Capital One Reports Third Quarter Results
Capital One has published the results of its activities in the period from July to the end of September this year.
JPMorgan CEO to Sell 1 Million Shares
JPMorgan Chase & Co Chairman and CEO Jamie Dimon and his family intend to sell 1 million shares of JPMorgan stock.
Huawei’s Profit Doubles
According to the results of the last quarter, the profit indicator of Huawei Technologies Co. showed more than a twofold increase.
Citi Uses Generative AI to Read New Capital Rules
Citigroup intends to provide more than 40,000 of its programmers with access to generative artificial intelligence amid Wall Street’s growing interest in advanced technology that is projected to surpass human mental abilities in the foreseeable future.
OpenAI Forms New Team to Reduce Risk From Future AI
OpenAI has started forming a new team of specialists who will be engaged in activities aimed at reducing to a minimum the degree of risks associated with the spread and integration of artificial intelligence into different spheres of life.
TSMC Founder Says About Impact of Tensions Between US and China on Global Chip Industry
Morris Chang, founder of Taiwan Semiconductor Manufacturing Co, one of the world’s largest chip fabricators, said that the current tension in relations between China and the United States is a factor negatively affecting the state of affairs in the sphere of global production of microcircuits, slowing down the processes in this industry.
Expert Says About Futility of US Attempts to Stop Huawei’s Technical Progress
Burn J. Lin, former vice president of Taiwan Semiconductor Manufacturing Co., said that, in his opinion, the United States will not be able to stop the development of Chinese companies, including Semiconductor Manufacturing International Corp. and Huawei Technologies Co., in the sphere of chip production.
X Plans to Compete With Youtube and LinkedIn
The executives of the social network X, which before the renaming was known around the world as Twitter, made a very ambitious and very intriguing statement that this virtual platform is currently exploring the possibilities of transforming the concept of functioning and positioning, which may result in the beginning of competition with services such as […]
IBM Software Sales Show Growth
IBM’s results for the third quarter did not match analysts’ expectations, but this is a pleasant case when reality turned out to be better than expectations.
Joe Biden Administration Reportedly Prepares to Introduce Executive Order on AI
The media reported that the administration of the President of the United States Joe Biden plans next week to issue an executive order that will establish a regime for regulating the use of artificial intelligence, which is currently a technology demonstrating rapid growth.
Meta Focuses on AI Investments
Meta Platforms CEO Mark Zuckerberg, during a telephone conversation with analysts about the company’s earnings for the third quarter of 2023 last Wednesday, October 25, stated that financial injections into artificial intelligence would be a priority for the technology giant as part of its investment activities, noting that in the relevant aspect, the main issues […]
Deutsche Bank Promises More Cash for Investors
The share price of Deutsche Bank showed an increase of almost 7% after the financial institution said that high profits meant paying shareholders a larger amount of cash over the next two years than initially expected.
OCBC Bank Rolls Out Internal Generative AI Chatbot
A generative artificial intelligence (AI) chatbot will be available to OCBC’s 30,000 employees globally in November to assist them with writing, research and ideation.
SEPA to Migrate to ISO 20022 Next March
Sepa Credit Transfer, Sepa Instant Credit Transfer, Sepa Direct Debit Core, and SDD Business-to-Business are postponed to migrate to ISO 20022 in March 2024, instead of this November.
