News - page 309

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.

Indonesia’s Latest Unicorn Is Aquatech Startup: What Does It Do?
Fintech & Ecommerce

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
Blockchain & Crypto

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
Fintech & Ecommerce

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
Finance & Economics

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
Fintech & Ecommerce

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
Fintech & Ecommerce

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
Finance & Economics

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.