News - page 98

Science & Technology

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.

Blockchain & Crypto

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.

Fintech & Ecommerce

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.

Fintech & Ecommerce

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.

Science & 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.

Science & Technology

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.

Finance & Economics

Santander Reports Q2 Earnings

Banco Santander SA has raised its revenue growth target in 2024.

Fintech & Ecommerce

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.

Fintech & Ecommerce

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.

Fintech & Ecommerce

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.

Science & Technology

Meta Launches Biggest Llama 3 AI Model

Meta Platforms on Tuesday, July 23, presented its biggest artificial intelligence model called Llama 3.

Science & Technology

Amazon Reportedly Plans to Launch Paid Tier of Alexa

The media reports that Amazon plans to launch a paid tier of Alexa this month.

Fintech & Ecommerce

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.

Science & Technology

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.

All materials

The Business Show Asia Approaches Late August

The Business Show is the world’s leading event for entrepreneurs, business owners and start-ups. Running for 25 years, The Business Show takes place in locations across the globe including London, Los Angeles, Miami, and Singapore, and the team behind the event have plans to continually expand to reach more countries and markets. The Business Show […]

Fintech & Ecommerce

Mobile Banking to Reach 79% Adoption in US by 2029

Florida is the US state already using mobile banking the most, while many Oklahomans may still prefer traditional banking methods over mobile banking solutions.