Revolut Reportedly Aims for $1.9 Billion in Revenue for 2023
The media reports that the British fintech company Revolut is aiming to generate revenue of $1.9 billion in 2023.
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Apple Reportedly to Launch Vision Pro Mixed-Reality Headset by February
The media reports that Apple plans to release its Vision Pro mixed reality headset by February.
Walmart Upgrades Self-Checkout With BNPL from Affirm
Affirm’s flexible pay-over-time BNPL options are now available in self-checkout kiosks at over 4,500 Walmart stores in the United States.
Bunq Unveils GenAI-Platform
Dutch neobank launches a Generative AI-driven platform to replace the outdated search function on its banking app.
UK Supreme Court Says About Impossibility of Call AI as Inventor
The Supreme Court of the United Kingdom ruled that, from a legal point of view, it is not possible to designate artificial intelligence as an inventor to ensure patent rights.
RBI Warns Risk of India Economic Growth Falter
The report of the Reserve Bank of India (RBI), which was released on Wednesday, December 20, contains a statement that the economic system of this South Asian country will continue to demonstrate dynamic growth at a healthy pace, but the fact of the negative impact of high inflation on consumer demand creates a risk factor […]
Bank of Japan Holds Off From Policy Normalization Moves
The Bank of Japan maintained its moderate stance following the results of its last monetary policy meeting this year, although markets are signaling growing confidence that the financial regulator is gradually approaching the normalization of its activity strategy.
China Leaves Lending Benchmark Rates Unchanged
In China, local financial authorities on Wednesday, December 20, decided to keep benchmark lending rates at a monthly level, which corresponds to preliminary market expectations and is a predictable action that does not go beyond the most likely scenarios.
Meta Launches Partnership With India’s ONDC
Meta announced the beginning of cooperation with the Indian Open Network for Digital Commerce (ONDC).
Uber for Business Adds Integrations With Expense Management Providers
Uber for Business has integrated with Brex and Ramp cost management service providers.
Alchemy Pay Partners With Worldpay to Enhance On & Off-Ramp Payments
Alchemy Pay has entered into a strategic partnership with Worldpay acquirer to enhance its fiat-crypto payment gateway with credit and debit card functionality.
OpenAI Adopts Preparedness Framework to Mitigate AI Risks
The Preparedness Framework by OpenAI aims to track, evaluate, and forecast risks posed by increasingly powerful AI models to enhance a systemic approach to protection.
7RCC Applies for ESG-Focused Spot Bitcoin ETF
Crypto firm 7RCC applied for an ESG-focused spot Bitcoin ETF that will include 80% Bitcoin and 20% Carbon Credits Futures with the US SEC.
Google Users to Share $630 Million in Play Store Settlement
Google has agreed to pay $700 million and allow competition in its Play app virtual store.
India Central Bank Tightens Rules for Financing of Alternative Investment Funds
The Central Bank of India on Tuesday, December 19, banned banks and non-bank financial companies that are in the area of its regulation from sending financing to alternative investment funds.
China and Singapore to Use E-Yuan for Tourist Spending in Cross-Border CBDC Pilot
China’s Central Bank Digital Currency (CBDC) – e-yuan – will be now used for cross-border payments between China and Singapore, facilitating tourist spending between the two countries.
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