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.
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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
Pesto reported raising $11 million in financing and launching an asset-backed credit card.
Indonesia’s Latest Unicorn Is Aquatech Startup: What Does It Do?
eFishery is building an aquatech ecosystem where fish and shrimp farmers in Indonesia could easily scale up their businesses, providing farmers with access to financing and an online feed marketplace
Japan Tightens Crypto Rules
Already having one of the strictest cryptocurrency regulations in the world, Japan is going to introduce even stricter measures against money laundering in the crypto industry starting from 1 June 2023
Lazada Enhances Online Shopping With ChatGPT
One of the largest e-commerce operators in Southeast Asia – Lazada – introduced a ChatGPT-powered chatbot called LazzieChat to help users optimize their shopping experience
Germany Falls Into Recession
Germany has slipped into recession amid a decline in consumer spending after last year’s shock in energy prices.
Barclays Bank Invests £3 Million in Trade Ledger
Barclays Bank has directed investments of 3 million pounds to the development of Trade Ledger.
HSBC Hong Kong Debuts POS Financing for B2B Sales
The Hong Kong division of the banking giant HSBC has announced the launch of a B2B transaction financing tool.
Citigroup Plans IPO for Mexican Banking Unit Banamex
Citigroup announced its decision to take public its retail banking services division Banamex, which is based in Mexico.
Tyme Raises $77.8 Million to Grow South Africa, Philippines Operations
Digital banking group Tyme announced the attraction of investment funds for $77.8 million following the results of the Series C financing round.
Amazon One Helps Verify Your Age: How Useful is That?
Amazon One users can now pay for alcohol with their palms without showing their IDs to prove their age
Klarna Lets Customers Opt Out of Credit
The BNPL giant believes that customers should be given the option to decide when using the credit makes sense for them and opt out if that doesn’t benefit their financial health
Fourth US State Adds Support for Apple Digital ID
Apple users in another US state can now create and store digital versions of their driving licence or state ID documents in Wallet
Biometric Payment Cards Launch in Kuwait
The customers of Kuwait International Bank (KIB) can now benefit from the convenience and ease of use of a contactless payment card supplemented with the security of biometric authentication
Citizens Bank to Pay $9 Million Fine Over Credit Card Billing Errors
The Consumer Financial Protection Bureau (CFPB) and Citizens Financial Group were able to reach an agreement on the CFPB complaint.
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