JPMorgan to Take Over First Republic Bank
JPMorgan will take over the management of the American First Republic Bank, which found itself in a crisis situation.
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OpenAI Closes $300 Million Share Sale
OpenAI startup, which has developed a popular conversational model of artificial intelligence ChatGPT, actively interacts with venture capital companies.
AI Platform to Analyze Creative Advertising Raises $5.1 Million
Startup Alison, which is based in Israel, announced that following the results of the preliminary round of financing, it managed to attract investment funds in the amount of $ 5.1 million.
Mastercard Crypto Credential to Boost Trust in Blockchain
The first use case trial of the Mastercard Crypto Credential solution will enable blockchain transfers between U.S. and LAC
Uber Freight Launches Fleet Card With Spend Management Tools
Uber Freight and AtoB have established a partnership to provide access to fintech tools to cargo transportation operators.
Credit Suisse Southeast Asia FIG Head Says to Join Deutsche Bank
The media, citing informed sources, report that the head of the Credit Suisse Group AG group of financial institutions in Southeast Asia, Nick Thursby, is joining Deutsche Bank AG.
Dropbox Lays Off 500 Employees
Cloud storage giant Dropbox has joined technology companies that are implementing a workforce reduction policy, announcing the layoff of 16% of staff, which is equivalent to about 500 people.
Amazon Posts $3.2 Billion Profit
Amazon starts the year with a quarterly profit.
Microsoft Xbox Chief Seeks to Reassure Game Staff on Activision
Microsoft Corp. Executives They tried to assure employees of the Xbox gaming division of the possibility of approving the planned purchase of Activision Blizzard Inc. for $ 69 billion, noting that success in games depends not only on the deal.
JPMorgan Creates AI Model to Analyze Fed Speeches
A week before the Federal Reserve meeting, JPMorgan Chase & Co. presented an artificial intelligence model based on ChatGPT, the purpose of which is to decipher an in-depth analysis of central bank messages and identify potential signals for the trading sector.
EU Parliament Approves Transfer of Funds Crypto Regulation
The Transfer of Funds regulation presupposes applying the same tracing requirements to crypto asset transfers as EU regulators demand from traditional money transfer providers The EU Parliament has voted to approve a new set of rules that allows the tracing of crypto-asset transfers, including bitcoin and electronic money tokens. The Transfer of Funds Regulation (TFR) means that […]
Pyypl Rolls Out Social Micro-Investment Platform for African SMEs
Pyypl micro-investment platform aims to build a social ecosystem for entrepreneurs across Africa and improve access to digital financial services for informal employment sectors UAE-based fintech Pyypl has introduced a new micro-financing platform catering to the needs of African self-employed people, micro, small and middle-sized businesses. Having raised $20m to expand financial inclusion in the […]
Mobile Money Grows Faster Than Expected: Report
The number of registered mobile money accounts globally rose by 13% in 2022, while total mobile money transaction values grew to $1.26 trillion
Armenian Ardshinbank Enables Merchants to Accept Payments on Android Devices
DigiPOS solution from Ardshinbank supports payments via contactless credit and debit cards as well as mobile wallets such as Apple Pay and Google Pay
Amazon Pay Rolls Out Citi Flex Pay to Give Credit Card Users Instalment Option
Citi credit card holders have been able to make payments in installments using Amazon Pay when placing an order on thousands of online store sites.
AI Startup Pinecone Raises $100 Million
The startup Pinecone Systems Inc., which specializes in supporting software for artificial intelligence, announced the attraction of investment funds for $ 100 million following the results of the financing round.
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