SK Hynix Posts Highest Quarterly Profit in 6 Years
SK Hynix, one of the largest chip manufacturers in the world, released information on Thursday, July 25, about the financial results of its activities in the second quarter of the current year.
News - page 43
Google Maps Gets AI Boost for Indian Roads
New AI model for Google Maps was designed specifically for Indian roads. It estimates road width using satellite imagery and Street View data to help drivers better navigate flyovers and narrow roads often met in India.
CashOn Launches Digital Currency Lending Matching Platform
Hong Kong DeFi company CashOn launched an innovative lending platform that helps customers access cash liquidity by using digital currencies.
Revolut Gets Long-Awaited UK Banking License
Revolut startup, which operates in the fintech industry, on Thursday, July 25, announced the receipt of a banking license in the United Kingdom.
20% of APAC Businesses Rely On AI/ML Powered API Security Solutions
Numerous security challenges around application programming interfaces (APIs) are increasingly tackled by artificial intelligence (AI) and machine learning (ML) enabled solutions in the APAC region.
Mastercard Rolls Out AI to Combat Card Fraud
Mastercard has presented a new approach to identifying compromised payment cards, which involves using a combination of generative artificial intelligence and graph technology.
Vanta Raises $150 Million
Online security and compliance management platform Vanta on Wednesday, July 24, announced that it has managed to raise $150 million in investment funds as part of a new round of financing led by venture capital company Sequoia Capital.
Alphabet Profit Surges 29% in Q2 Despite AI Research Losses
Google’s parent company Alphabet saw significant profit growth notwithstanding the tremendous AI-related spending.
Santander Reports Q2 Earnings
Banco Santander SA has raised its revenue growth target in 2024.
Revolut Reportedly to Hit $45 Billion Valuation After Share Sale
The media reports that Revolut is currently preparing for a share sale that would value it at $45 billion.
Visa Says About Effectiveness of AI in Combating Fraud
Visa said that as a result of its activities investing in artificial intelligence and other technologies, last year, through the use of advanced functional solutions to ensure financial security, it managed to block the process of making 80 million fraudulent transactions totaling $40 billion.
GoTo Launches Dira AI Fintech Voice Assistant
Dira by GoTo AI is the first ever AI-enabled fintech voice assistant in Bahasa Indonesia that can help users easily discover GoPay app features and perform various tasks faster.
Meta Launches Biggest Llama 3 AI Model
Meta Platforms on Tuesday, July 23, presented its biggest artificial intelligence model called Llama 3.
Amazon Reportedly Plans to Launch Paid Tier of Alexa
The media reports that Amazon plans to launch a paid tier of Alexa this month.
Brazil’s Central Bank Delays Launch of Recurring Payments Feature
The Central Bank of Brazil has decided to postpone the launch of the recurring payments feature to be added to the instant payment transaction system called Pix.
Amazon Calls for Global Rules for Responsible AI
Amazon has stated that there is a need for global alignment of responsible measures in the artificial intelligence industry.
Breaking News
© 2024 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.