News - page 318

Transflo and Comdata Boost the Fright Industry With App-Based Fuel Payment Solution
Fintech & Ecommerce

Transflo and Comdata Boost the Fright Industry With App-Based Fuel Payment Solution

The amalgamation of Transflo’s mobile app technology for the transportation sector and Comdata’s virtual card capabilities created a new fuel payment solution addressing long-standing issues in the freight industry

Mercari Brings ChatGPT Shopping Assistant to Secondhand Market
Fintech & Ecommerce

Mercari Brings ChatGPT Shopping Assistant to Secondhand Market

With the new Merchat AI by Mercari, customers can engage in real-time conversations with the virtual ChatGPT-powered shopping assistant and receive product recommendations

Al Hilal Bank Partners With BLME to Bring Digital UK Banking to UAE
Fintech & Ecommerce

Al Hilal Bank Partners With BLME to Bring Digital UK Banking to UAE

Al Hilal Bank customers in the UAE now have a quick and simple way to access digital banking services as if they were in the UK

Bank of America’s Erica Use More Than Triples Since 2020
Finance & Economics

Bank of America’s Erica Use More Than Triples Since 2020

Brian Moynihan, CEO of Bank of America (BofA), in his earnings report for the first quarter of this year, said that each business segment showed good results during this period, as the financial giant quickly and organically developed customer relationships and accounts.

Elon Musk Says to Make AI Safe Requires New Model and Regulations
Science & Technology

Elon Musk Says to Make AI Safe Requires New Model and Regulations

Elon Musk strives not only for a new model of generative artificial intelligence but also for the creation of a system of government regulation of this sphere.

Reddit to Charge for Access to Its API
Society & Lifestyle

Reddit to Charge for Access to Its API

Following Twitter, which decided to restrict third-party access to its data, Reddit on Tuesday, April 18, announced the launch of the practice of charging for the use of the API.

Microsoft Develops AI Chip
Science & Technology

Microsoft Develops AI Chip

Microsoft is developing a new artificial intelligence chip under the internal code name Athena.

Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits
Fintech & Ecommerce

Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits

The head of the Federal Reserve System, Michel W. Bowman, said that the advantages of the central bank’s digital currency (CBDC) are more likely to exceed the risks associated with its use.

Meta Horizon Worlds Adds Controls as It Lowers Age Requirement
Science & Technology

Meta Horizon Worlds Adds Controls as It Lowers Age Requirement

Meta has announced a relaxation of age requirements, compliance with which allows users to access the virtual reality (VR) platform.

Striga Launches APIs for Crypto Cards Programme
Blockchain & Crypto

Striga Launches APIs for Crypto Cards Programme

Estonian crypto infrastructure provider, Striga, has launched a set of APIs to help crypto companies generate branded bank cards

Mastercard Customizes Solutions for Female Entrepreneurs
Fintech & Ecommerce

Mastercard Customizes Solutions for Female Entrepreneurs

Mastercard has introduced a suite of services dedicated to the financial needs of female business owners across the regions of Latin America and the Caribbean

Nine More US States Join Lawsuit Against Google
Science & Technology

Nine More US States Join Lawsuit Against Google

Nine more states have joined the US Department of Justice’s lawsuit against Alphabet (GOOGL.O) Google.

Network International in Talks Over £2 Billion Bid
Fintech & Ecommerce

Network International in Talks Over £2 Billion Bid

Network International, which is based in Dubai, is currently in talks with a consortium led by CVC Capital Partners to buy the company for 2 billion pounds.

Yonder Secures £62.5 Million in Series A Funding
Fintech & Ecommerce

Yonder Secures £62.5 Million in Series A Funding

Startup Yonder, which specializes in issuing Rewards credit cards, has secured equity of 12.5 million pounds and a credit line of 50 million pounds to expand operations.

UK Regulators Deliver Roadmap for Future of Open Banking
Finance & Economics

UK Regulators Deliver Roadmap for Future of Open Banking

In the UK, local financial regulators have unveiled plans for the future development of open banking.

Bank of England Says Stablecoin Use Need Limits
Finance & Economics

Bank of England Says Stablecoin Use Need Limits

The Deputy Governor of the Bank of England, John Cunliffe, admitted that, with a high degree of probability, regulators will be forced to introduce restrictive measures regarding the possibility of using stablecoins to perform payment financial operations.