News - page 302

Alipay+ Expands to Thailand
Fintech & Ecommerce

Alipay+ Expands to Thailand

The four mobile wallets supported by Ant Group’s payment system Alipay+ are now accepted in Thailand

Crypto Bills Hang by a Thread in US
Blockchain & Crypto

Crypto Bills Hang by a Thread in US

A few drafted crypto-related bills are still left without any resolution in the US, while one may be eliminated altogether

Amex to Use AI to Improve Customer Experience
Fintech & Ecommerce

Amex to Use AI to Improve Customer Experience

After numerous experiments, American Express (Amex) aims to utilize AI technology for approving credit lines as well as providing predictive analytics

Chipotle Founder Reportedly Creates Robotic Restaurant
Science & Technology

Chipotle Founder Reportedly Creates Robotic Restaurant

While many restaurants are implementing automation systems and revising the approach to understanding the acceptable number of staff without compromising the level of product quality and customer service, Chipotle founder and former CEO Steve Ells, according to media reports, decided to maximize aspirations in the process of robotization of catering establishments.

India’s XFlow Raises $10.2 Million to Expand Cross-Border Payments Solution
Fintech & Ecommerce

India’s XFlow Raises $10.2 Million to Expand Cross-Border Payments Solution

The Indian company XFlow announced that it managed to raise investment funds for $ 10.2 million following the results of the Series A pre-financing round.

Bali Cracks Down on Crypto
Blockchain & Crypto

Bali Cracks Down on Crypto

Bali authorities will be taking strict measures against tourists paying for goods and services with cryptocurrency

AFS and Visa to Launch Prepaid B2B Cards in Bahrain and Oman
Fintech & Ecommerce

AFS and Visa to Launch Prepaid B2B Cards in Bahrain and Oman

Arab Financial Services (AFS) announced its SME Partner Programme in collaboration with Visa to launch prepaid cards for businesses in Bahrain and Oman

SoftBank Teams Up With Nvidia to Create Advanced AI Data Centres in Japan
Science & Technology

SoftBank Teams Up With Nvidia to Create Advanced AI Data Centres in Japan

Nvidia and SoftBank are collaborating on a pioneering platform for generative AI and 5G/6G applications which SoftBank plans to roll out across new, advanced AI data centres across Japan

Paysend & Ontop Collaborate on Instant Salary Payments
Fintech & Ecommerce

Paysend & Ontop Collaborate on Instant Salary Payments

The collaboration between Paysend and Ontop allows customers and employers to make instant salary payments directly to the local bank cards of remote workers and contractors worldwide

Reserve Bank of Australia Tests CBDC Use Cases in Pilot
Blockchain & Crypto

Reserve Bank of Australia Tests CBDC Use Cases in Pilot

In Australia, the Reserve Bank, in collaboration with the Digital Finance Cooperative Research Centre (DFCRC), demonstrated the potential use cases and economic benefits of the central bank’s digital currency (CBDC).

Neutronpay and Bitnob to Improve Cross-Border Payments Between Asia and Africa
Blockchain & Crypto

Neutronpay and Bitnob to Improve Cross-Border Payments Between Asia and Africa

The partnership aims to use the potential of both companies for creating new routes and payment options for bilateral cross-border trade between Vietnam and Africa using the Lightning Network

Credit Suisse Loses Singapore Case Against Georgian Billionaire Ivanishvili
Finance & Economics

Credit Suisse Loses Singapore Case Against Georgian Billionaire Ivanishvili

A Singapore court has ordered a unit of Credit Suisse Group AG to pay billionaire Bidzina Ivanishvili $926 million.

Nymbus Lands $70 Million to Help Banks Digitally Transform
Fintech & Ecommerce

Nymbus Lands $70 Million to Help Banks Digitally Transform

Nymbus startup announced the attraction of investment funds in the amount of $70 million following the results of the Series D financing round.

TikTok Tests AI-Powered Chatbot
Science & Technology

TikTok Tests AI-Powered Chatbot

TikTok is currently testing a chatbot based on artificial intelligence, through which users will be able to search and discover the content they need.

OpenAI Launches Grant Program, Expands iOS App
Science & Technology

OpenAI Launches Grant Program, Expands iOS App

OpenAI is ready to fund the development of proofs-of-concept that could establish democratic processes for overseeing AI, while its iOS app version expands to 45 more countries

Pesto Raises $11 Million and Launches Asset-Backed Credit Card
Fintech & Ecommerce

Pesto Raises $11 Million and Launches Asset-Backed Credit Card

Pesto reported raising $11 million in financing and launching an asset-backed credit card.