News - page 27

Fintech & Ecommerce

Razorpay POS Offers Instant Refunds for Failed UPI Transactions

Razorpay POS has unveiled instant UPI transaction refunds that reduce refund processing time from conventional 5-6 business days to about 2 minutes.

Science & Technology

Intel Issues Outlook for First Quarter of 2024

Intel’s share price fell in the premarket on Friday, January 26, after the chip manufacturer published an outlook for the first quarter of the current year, which turned out to be worse than analysts’ expectations, although the company’s results for the last three months of 2023 exceeded Wall Street estimates.

Finance & Economics

Fidelity Forecasts China’s Economy Gradual Improvement in 2024

Peiqian Liu, Asia economist at Fidelity International, said during a media briefing on Thursday, January 25, that during 2024, China’s economic system will record a gradual improvement in the state of affairs, which will be stimulated by factors such as production and consumption.

Fintech & Ecommerce

Santander Mexico to Launch Digital Bank Service

Santander Mexico, a subsidiary of global banking giant Santander, is currently preparing to launch its digital service.

Science & Technology

Baidu’s AI Chatbot to Power Samsung’s New Galaxy S24 Smartphones

Baidu AI Cloud integrates its Ernie chatbot into Samsung Galaxy S24 smartphones, the use of which in new devices of the South Korean manufacturer, in addition to many functions, will provide users with the opportunity to translate conversations during phone calls.

Fintech & Ecommerce

B2B Provider Mondu Raises $33 Million

B2B payment solution provider Mondu has announced that it has raised additional financing for 30 million euros ($33 million).

Science & Technology

OpenAI Introduces Additions to Its Artificial Intelligence Models

OpenAI has presented several additions to its artificial intelligence models and services.

Science & Technology

NVIDIA & U.S. National Science Foundation Join Efforts for Responsible AI Development

NVIDIA and the National Science Foundation are launching the National Artificial Intelligence Research Resource (NAIRR) pilot to advance responsible AI discovery and innovation.

Finance & Economics

US Economy Demonstrates Growth

The United States economy demonstrated what can be described as shocking resilience in the fourth quarter of last year.

Science & Technology

Meta Builds New AI-Focused Data Center in Indiana

Meta Platforms Inc. is currently implementing a project to build a data center in the US state of Indiana.

Fintech & Ecommerce

Mastercard to Ease Adoption of Biometric Authentication

Mastercard announced the launch of the Mastercard Biometric Authentication Service, a solution designed to enhance security and provide maximum convenience for consumers.

Science & Technology

Publicis Plans €300 Million AI Investment

Publicis Groupe SA has announced its intention to invest €300 million in artificial intelligence over the next three years.

Finance & Economics

HSBC Unveils Its Transition Plan

HSBC Holdings Plc has published the first so-called transition plan in its history.

Fintech & Ecommerce

Mastercard Extends RTP Partnership With The Clearing House

The extended multi-year partnership prolongs Mastercard’s role as the exclusive instant payments software provider for TCH’s RTP network, enabling partners to integrate new instant payment use cases.

Finance & Economics

China’s $6 Trillion Stock Wipeout Signals Deeper Problems

The collapse of the Chinese stock market by $6 trillion has become what can be symbolically described as the thunder of a terrible truth, the sound of which is stronger than any soothing and deliberately encouraging statements that, in general, the weather situation is favorable and there are no cataclysms capable of provoking serious long-term […]

Fintech & Ecommerce

Revolut Launches Cross-Border Mobile Wallets

Digital bank Revolut has introduced a new cross-border money transfer service called Mobile Wallets that redefines remittance experiences, requiring only receivers’ contacts for transactions.