News - page 295

Bunq Sees Record Funding Year With Fresh €44.5M Investment
Fintech & Ecommerce

Bunq Sees Record Funding Year With Fresh €44.5M Investment

Europe’s largest neobank bunq secures additional growth capital, bringing the total yearly investments to nearly €100M

Germany Reportedly Plans to Dole Out €20 Billion to Bolster Semiconductor Manufacturing
Science & Technology

Germany Reportedly Plans to Dole Out €20 Billion to Bolster Semiconductor Manufacturing

The government of German Chancellor Olaf Scholz, according to media reports, intends to provide financing for 20 billion euros for the development of semiconductor production in this country.

Crypto Startup Worldcoin Starts Global Rollout of Its Services
Blockchain & Crypto

Crypto Startup Worldcoin Starts Global Rollout of Its Services

Worldcoin, Sam Altman’s crypto startup, which applies the practice of scanning eyeballs, announced the beginning of the process of global implementation of its services.

Crypto Wallet Zengo Launches Pro Subscription
Blockchain & Crypto

Crypto Wallet Zengo Launches Pro Subscription

The Zengo cryptocurrency mobile wallet has presented several new features in combination with a new premium subscription.

Apple Reportedly Uses AI Chatbot to Assist Employees
Science & Technology

Apple Reportedly Uses AI Chatbot to Assist Employees

The media reported that Apple has begun to implement the practice of using its own chatbot based on artificial intelligence to provide assistance to company employees.

Italian Antitrust Watchdog Cancels Payment Fees for Small Retail Transactions
Finance & Economics

Italian Antitrust Watchdog Cancels Payment Fees for Small Retail Transactions

In Italy, the antimonopoly regulator has decided to approve a deal that will eliminate commission fees for payments and simplify the penalty mode regarding financial operations with small cards.

Nigeria Adds NFC Function to Boost eNaira Adoption
Blockchain & Crypto

Nigeria Adds NFC Function to Boost eNaira Adoption

The Nigerian central bank hopes that the addition of NFC technology will improve the adoption rates for the country’s CBDC – eNaira

Capital One Publishes Results for Second Quarter of 2023
Finance & Economics

Capital One Publishes Results for Second Quarter of 2023

The American bank holding company Capital One has released financial results for the second quarter of 2023.

Apple Considers Removing Messaging Services from UK
Society & Lifestyle

Apple Considers Removing Messaging Services from UK

The media reports that Apple has taken a position of radical rejection of updates to the Investigatory Powers Act, which was proposed by the British government.

US House Republicans Revise Crypto Oversight Bill
Blockchain & Crypto

US House Republicans Revise Crypto Oversight Bill

In an attempt to address the pressing need for adequate regulations in the rapidly evolving world of cryptocurrency and digital assets, US House Republicans unveiled a revised Financial Innovation and Technology for the 21st Century Act. The bill, introduced by the House Committees on Agriculture and Financial Services, aims to establish a comprehensive regulatory framework […]

OpenAI Supports Requiring Licenses for Advanced AI Systems
Science & Technology

OpenAI Supports Requiring Licenses for Advanced AI Systems

The memorandum on internal policy prepared by OpenAI indicates that this company supports the idea of mandatory licensing of the activities of firms that intend to develop advanced artificial intelligence systems.

JPMorgan Fund Bets Asia Chip Stocks
Finance & Economics

JPMorgan Fund Bets Asia Chip Stocks

The $1.4 billion fund, which is currently managed by JPMorgan Asset Management, is betting on shares of Asian companies whose activities are related to the supply of chips and which are trying to catch up with their American counterparts.

TikTok Partners With Atome for Malaysia E-Commerce
Fintech & Ecommerce

TikTok Partners With Atome for Malaysia E-Commerce

TikTok’s e-commerce unit announced that it has reached an agreement on a partnership with the fintech platform Atome, which is part of the ownership structure of Advance Intelligence Group.

UK Regulator to Roll Out Isolated Environment for Testing Financial Apps
Fintech & Ecommerce

UK Regulator to Roll Out Isolated Environment for Testing Financial Apps

The Financial Conduct Authority of the United Kingdom (FCA) intends in the foreseeable future to provide companies with access to an isolated technological environment in which firms will be able to test the functioning of their digital products at an early stage of development.

Myanmar Shadow Government to Launch Neobank to Finance Fight Against Military Junta
Finance & Economics

Myanmar Shadow Government to Launch Neobank to Finance Fight Against Military Junta

The shadow government of Myanmar, the National Unity Government (NUG), plans to create a neobank, whose activities will be carried out on the Polygon platform.

Mizuho to Create Fund to Support Japanese Tech Startups
Finance & Economics

Mizuho to Create Fund to Support Japanese Tech Startups

Mizuho Financial Group announced plans to create a debt fund that will focus on supporting Japanese startups operating in the technology sector.