News - page 66

Finance & Economics

US Consumer Sentiment Demonstrates Improvement

In October, local consumer sentiment in the United States showed an increase, reaching a mark that corresponds to a six-month high.

Finance & Economics

Morgan Stanley Lowers Climate Target

Morgan Stanley lowered its expectations for cutting emissions in its corporate lending portfolio.

Blockchain & Crypto

South Korea to Monitor Cross-Border Crypto Transactions

New crypto regulations in South Korea will require businesses engaged in cross-border virtual asset trade to register with authorities in advance and submit monthly transaction reports to the Bank of Korea.

Fintech & Ecommerce

Visa and USAID Join Efforts to Drive Inclusive Digital Government Ecosystems and Digitize Payments

Together with USAID, Visa aims to enhance access to secure, inclusive, and transparent digital government systems globally, promoting economic development and growth in select markets.

Fintech & Ecommerce

Mastercard Expands Product Express Platform for Card Issuance

Mastercard is expanding its Product Express platform across Africa, the Middle East, Europe, North America, and additional markets in Latin America, enabling fintechs to launch card programs with speed, simplicity, and full transparency.

Science & Technology

Identity Startup Socure to Acquire Effectiv

Socure Inc., an identity verification service provider whose functional solutions are used by companies such as Chime Financial Inc. and Robinhood Markets Inc., has agreed to acquire Effectiv, a fraud prevention platform.

Fintech & Ecommerce

Klarna Launches UK Gift Card Store

Klarna has announced the opening of the Gift Card Store, which was developed in partnership with a global branded payments provider Blackhawk Network.

Science & Technology

Nvidia Expands Its Activity in India

Nvidia on Thursday, October 24, announced many new partnerships with major Indian companies and launched a Hindi language model.

Finance & Economics

Bank of Canada Cuts Interest Rates

The Bank of Canada has accelerated the pace of the interest rates cutting.

Fintech & Ecommerce

MoneyLion Launches Financial Products Marketplace

MoneyLion has launched a new marketplace that allows consumers to search, apply for, and make transactions on third-party financial products, including loans, credit cards, and savings accounts.

Science & Technology

Startup Hugging Face Seeks to Cut AI Costs

The Hugging Face startup on Wednesday, October 23, announced that it is releasing a new open-source software offering with Amazon.com, Alphabet’s Google, and others.

Fintech & Ecommerce

Morgan Stanley Expands OpenAI-Powered Chatbot Tools to Wall Street Division

Morgan Stanley is expanding the practice of using artificial intelligence tools powered by OpenAI technology in its investment banking and trading unit.

Finance & Economics

Deutsche Bank Shares Decline Amid Its Earnings

On Wednesday, October 23, the value of Deutsche Bank shares was on a downward trajectory, as the return of this financial institution to profit in the third quarter of the current year did not turn out to be something that impresses or could potentially impress.

Finance & Economics

IMF Warns of Increasing Risks for Global Growth

Experts from the International Monetary Fund (IMF) have revised down their forecast for the dynamic of global economic growth next year.

Fintech & Ecommerce

Amazon Reportedly to Shut Down Speedy Brick-and-Mortar Delivery Service

The media released information according to which Amazon is shutting down a service that offers same-day delivery from mall and brick-and-mortar retailers.

Science & Technology

Perplexity AI Reportedly Aims to Raise $500 Million

Media reports that artificial intelligence search company Perplexity AI plans to raise investment funds for about $500 million as part of a new round of financing.