News - page 44

Oil Surges as Iran Shuts the World’s Most Critical Energy Chokepoint
Finance & Economics

Oil Surges as Iran Shuts the World’s Most Critical Energy Chokepoint

Brent crude has surged more than 15% in four days as Iran declares the Strait of Hormuz closed following U.S.-Israeli strikes on Tehran. With a fifth of the world’s oil supply hanging in the balance, analysts are warning of triple-digit prices and a potential global recession.

OpenAI Faces Backlash After Pentagon AI Deal
Science & Technology

OpenAI Faces Backlash After Pentagon AI Deal

Millions of people refuse to let the Big Brother watch and track them through the benign ChatGPT conversations or browser history, cancelling their OpenAI chatbot subscriptions in protest of the firm’s cooperation with the Pentagon.

Instant Bank Payments via Capitec Pay Go Live for Paystack Merchants
Fintech & Ecommerce

Instant Bank Payments via Capitec Pay Go Live for Paystack Merchants

Merchants using Paystack in South Africa can now accept instant bank payments through Capitec Bank’s Capitec Pay, expanding real-time payment options for online businesses in the country.

BitGo Europe GmbH Expands Crypto-as-a-Service Across the EEA Under MiCA Framework
Blockchain & Crypto

BitGo Europe GmbH Expands Crypto-as-a-Service Across the EEA Under MiCA Framework

BitGo Europe GmbH, the European subsidiary of BitGo Inc., U.S.-based digital asset infrastructure company, has announced the expansion of its Crypto-as-a-Service (CaaS) offering across the European Economic Area (EEA). The rollout is structured under the European Union’s Markets in Crypto-Assets regulation (MiCA or MiCAr), which provides a harmonised regulatory framework for digital asset services across […]

Cassava Technologies Launches AI-Powered Autonomous Network to Transform Telecom Performance Across Africa
Science & Technology

Cassava Technologies Launches AI-Powered Autonomous Network to Transform Telecom Performance Across Africa

BARCELONA, Spain, March 3, 2026: As African telecom networks become more complex and data demand continues to surge, operators face mounting pressure to maintain performance while managing costs. Against this backdrop, Cassava Technologies has launched the Cassava Autonomous Network — an AI-powered solution designed to significantly improve mobile network performance across the continent.

Worldline Completes First Wero Online Payment in Belgium with Belgian Red Cross-Flanders
Fintech & Ecommerce

Worldline Completes First Wero Online Payment in Belgium with Belgian Red Cross-Flanders

Worldline [Euronext: WLN], a European leader in payment services, has enabled the first Wero online payment transaction in Belgium. This breakthrough comes as Belgium becomes the second European market, after Germany, to support Wero for eCommerce payments following its official launch in the country. The transaction was completed for the Belgian Red Cross-Flanders (Rode Kruis-Vlaanderen), […]

25th Connected Banking Summit – West Africa 2026 Concludes Successfully, Celebrating a Landmark Silver Jubilee Edition
Fintech & Ecommerce

25th Connected Banking Summit – West Africa 2026 Concludes Successfully, Celebrating a Landmark Silver Jubilee Edition

The 25th Connected Banking Summit – West Africa | Innovation & Excellence Awards 2026 concluded successfully at the prestigious Kempinski Hotel Gold Coast City, Accra, marking a historic Silver Jubilee Edition and celebrating 25 impactful editions of shaping banking innovation across Africa.

Nexi Group and Google Cloud Partner to Build Agentic Commerce Infrastructure Across Europe
Fintech & Ecommerce

Nexi Group and Google Cloud Partner to Build Agentic Commerce Infrastructure Across Europe

The strategic AI agent collaboration combines Google Cloud’s advanced AI and data infrastructure with Nexi Group’s extensive European payment network and acquiring expertise.

Visa to Anchor PayPay IPO as SoftBank Prepares Nasdaq Debut
Fintech & Ecommerce

Visa to Anchor PayPay IPO as SoftBank Prepares Nasdaq Debut

Visa is set to play a major role in the forthcoming initial public offering (IPO) of SoftBank-backed payments platform PayPay, joining global investors as an anchor investor ahead of the company’s planned Nasdaq listing. The move underscores Visa’s strategic commitment to expanding its global footprint in digital payments and fintech markets.

Nvidia Delivers Record Earnings Again But Investors Remain Cautious
Science & Technology

Nvidia Delivers Record Earnings Again But Investors Remain Cautious

After weeks of anticipation, Nvidia’s latest earnings release followed a now familiar pattern: blockbuster results, strong forward guidance, and an unwaveringly bullish tone from CEO Jensen Huang. Yet despite another record-breaking quarter, the market reaction was muted.

CaixaBank Rolls Out AI Agent in App as Spanish Digital Banking Adoption Surges
Fintech & Ecommerce

CaixaBank Rolls Out AI Agent in App as Spanish Digital Banking Adoption Surges

CaixaBank has launched an artificial intelligence (AI) agent inside its mobile app that assists customers in selecting and purchasing financial products, marking a notable advance in the use of generative AI in mainstream European retail banking.

Network International Partners with Al Seraj Islamic Bank to Expand Digital Payments in Libya
Fintech & Ecommerce

Network International Partners with Al Seraj Islamic Bank to Expand Digital Payments in Libya

Network International has signed a multi-year processing agreement with Al Seraj Islamic Bank (SIB), marking a new step in the development of Libya’s digital payments infrastructure.

Mastercard and Banco Santander Complete Europe’s First Live AI-Executed Payment
Fintech & Ecommerce

Mastercard and Banco Santander Complete Europe’s First Live AI-Executed Payment

Unlike lab simulations or sandbox experiments, AI agent transaction facilitated by Mastercard and Banco Santander was processed through real banking infrastructure, turning theoretical “agentic commerce” discussions to operational reality.

Dots Raises $8.9M Series A to Expand Global Payout Infrastructure and Fix Payout Layer
Fintech & Ecommerce

Dots Raises $8.9M Series A to Expand Global Payout Infrastructure and Fix Payout Layer

Global payouts startup Dots has secured $8.9 million in Series A funding, led by venture capital firm DCM with participation from Y Combinator, enabling the platform to move forward in scaling international payout infrastructure and product offerings.

Bancolombia Outage Sparks Debate on National Payment Rails, Availability Standards and Industry Accountability
Fintech & Ecommerce

Bancolombia Outage Sparks Debate on National Payment Rails, Availability Standards and Industry Accountability

A prolonged technological outage at Bancolombia, one of Colombia’s largest financial institutions, has reignited debate among industry leaders and regulators about how to ensure minimum availability standards and robust response protocols for critical shared infrastructure such as Bre-B, the nation’s instant payment system.

Plaid Hits $8 Billion Valuation, But This Round Wasn’t About Growth
Fintech & Ecommerce

Plaid Hits $8 Billion Valuation, But This Round Wasn’t About Growth

The fintech infrastructure company completed a tender offer on 26 February, valuing it at $8 billion, up 31% from April 2025. The money went to employees, not the business. And that distinction tells the more interesting story.