Lucinity Incorporates Generative AI Into Financial Crime Compliance Tool
Lucinity has launched a generative AI-powered tool for financial crime compliance teams
News - page 311
Mastercard Reports ESG Achievements
Mastercard ESG strategy and efforts, expressed through the pillars of People, Prosperity and Planet, are directly connected to its long-term success as a company
Unlimit Expands to Kenya
Fintech Unlimit (previously known as Unlimint) expanded its services to the Kenyan market, upon securing a Central Bank of Kenya licence
Apple Uses Innovative Iris Biometrics for New VR Headset, Acquires AR Startup Mira
Apple aims to expand a range of virtual reality products, such as its new Vision Pro VR headset that supports Optic ID, with the acquisition of AR startup Mira, which provides hands-free, smartphone-powered headsets purpose-built for industrial applications
OpenAI Launches Cybersecurity Grant Program
The goal of the new OpenAI program is to facilitate the development of AI-powered cybersecurity capabilities for defenders through grants and other support
Swift Tests Use of Its Infrastructure for Transfers Over Blockchains
Swift is currently testing its infrastructure in terms of its suitability for the transfer of tokenized value over blockchain networks.
Spreedly Launches Vault Solution
The company Spreedly announced the launch of a new solution for payment storage, which increases the success of transactions.
Startup Instabase Notches $2 Billion Valuation
Business services startup Instabase announced the attraction of investment funds in the amount of $45 million following the results of the next round of financing.
IQ Capital Raises $400 Million for Deep Tech AI Firms
Venture capital company IQ Capital announced the attraction of investment funds for $400 million to provide financial support to startups that operate in the field of artificial intelligence and robotics.
Walmart Looks to Generative AI as Grocers Tap Self-Service
At a time when grocers are coming up with the most effective results of using a self-service strategy while simultaneously eliminating the shortcomings of this format, Walmart is actively paying attention to artificial intelligence to make its digital tools smarter and increase their effectiveness.
eBay and Techstars Launch Accelerator Program for Innovations in eCommerce
eBay and Techstars, as part of the implementation of the cooperation program, intend to launch an acceleration initiative for companies that carry out their activities in the field of e-commerce and are at an early stage of existence.
Starling Bank Enables ‘Hide References’ to Aid Economic Abuse Victims
Starling Bank launched an unprecedented feature that enables abuse victims to switch off intimidating and offensive payment references that can accompany bank transfers
European Tech Startup Funding to Drop 39%: Forecast & Implications
European tech startups are witnessing another tough year, the funding is steadily falling, largely due to a retreat from US investors
El Salvador to Use Volcano Energy for $1B Bitcoin Mining Park
The small country of El Salvador is home to 30 volcanoes, 20 of which are potentially active. This “volcano energy” will not go to waste, being harnessed for an ambitious $1B Bitcoin mining project
Americans Are Sceptic About CBDC: Survey
A recent survey found that twice as many Americans are against (34%) the Federal Reserve offering a CBDC compared to those who favour centralized cryptocurrencies (16%)
SEC Sues Binance: Charges Revealed
Through thirteen charges on 136 pages, SEC alleges that Binance and its CEO Changpeng Zhao “engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law”
