News - page 277

Upstart Shows Record AI Automation in Unsecured Loans
Fintech & Ecommerce

Upstart Shows Record AI Automation in Unsecured Loans

Fully automated unsecured loans enabled by Upstart AI technology provide instant and automated approval with no waiting, no documents to upload and no phone calls

Japanese Fintech Soramitsu to Develop Asian Cross-Border Payments System Using CBDCs and Stablecoins
Blockchain & Crypto

Japanese Fintech Soramitsu to Develop Asian Cross-Border Payments System Using CBDCs and Stablecoins

Cambodia’s central bank digital currency (CBDC), Bakong, will become the foundation for an expanding international payment system for Asian countries

Moody’s Revises Credit Ratings of Six Major US Banks
Finance & Economics

Moody’s Revises Credit Ratings of Six Major US Banks

The international rating agency Moody’s has reviewed the credit ratings of six major US banks, including Bank of New York Mellon, State Street, and Northern Trust, for possible downgrades.

Resilience to Expand Cyber-Risk Platform
Science & Technology

Resilience to Expand Cyber-Risk Platform

Resilience has announced the completion of a $100 million Series D equity financing round.

Auction House Phillips to Roll Out eCommerce Platform
Fintech & Ecommerce

Auction House Phillips to Roll Out eCommerce Platform

The media reported that the Phillips auction house, which is known for selling paintings by aspiring artists, begins the history of its presence in the area of e-commerce.

KeyBank Improves Cashback Service
Finance & Economics

KeyBank Improves Cashback Service

KeyBank has added new ways to get favorable rates, access to deposits, and cash refunds.

Palantir Improves Profit Forecast
Finance & Economics

Palantir Improves Profit Forecast

Palantir Technologies has changed its forecast of adjusted earnings in 2023 to improve.

SoftBank Vision Fund Makes First Profit
Finance & Economics

SoftBank Vision Fund Makes First Profit

Vision Fund, which is part of the ownership structure of the Japanese corporation SoftBank Group, announced its first profit.

OpenAI Launches Web Crawling Tool to Train Future AI Models
Science & Technology

OpenAI Launches Web Crawling Tool to Train Future AI Models

GPTBot web crawler will collect publicly available data from the world wide web to improve future ChatGPT models

Mastercard Teams With Ukrainian Fashion Brand to Help Injured Children
Society & Lifestyle

Mastercard Teams With Ukrainian Fashion Brand to Help Injured Children

The new limited-edition jewelry capsule collection from the prominent Ukrainian designer Svitlana Bevza is available exclusively for Mastercard cardholders on priceless.com. The sales proceeds will finance prosthetics and rehabilitation programs for Ukrainian children injured in the course of the ongoing war

NerdWallet Partners upSWOT to Support SMBs
Fintech & Ecommerce

NerdWallet Partners upSWOT to Support SMBs

The pilot partnership combines the capabilities of upSWOT data-driven embedded finance tools and NerdWallet Small Business’ financial guidance to empower SMBs with comprehensive solutions

Zoom Clarifies How It Uses Customer Data to Train AI
Science & Technology

Zoom Clarifies How It Uses Customer Data to Train AI

After a public backlash against AI-related terms and user threats to leave Zoom, the video conferencing platform updated its terms of service

PayPal Launches Stablecoin
Blockchain & Crypto

PayPal Launches Stablecoin

PayPal Holdings rolls out a stablecoin.

Amazon Launches Credit Card in Brazil
Fintech & Ecommerce

Amazon Launches Credit Card in Brazil

Amazon announced the beginning of cooperation with the Brazilian bank Banco Bradesco.

Apple Reportedly Beefs Up AI Capabilities of Its Mobile Devices
Science & Technology

Apple Reportedly Beefs Up AI Capabilities of Its Mobile Devices

The media reports that Apple is currently expanding the scale of integration of generative artificial intelligence into its mobile devices.

British Finance Sector Reportedly Seeks to Delay on New Capital Requirements
Finance & Economics

British Finance Sector Reportedly Seeks to Delay on New Capital Requirements

The media reports that the central bank of England is currently under pressure, the purpose of which is to postpone the date of entry into force of the new capital requirements.