Huawei Launches Non Stop Banking Initiative
Chinese tech company Huawei unveiled its Non Stop Banking initiative to help banks increase revenue and customer base, save operational costs and enhance financial inclusion
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YouTube Winds Up Social Commerce App Simsim
The media giant YouTube shuts down its live social commerce app Simsim, targeting Indian SMEs and retailers, to focus on building a ‘seamless shopping experience for viewers’
Google Invites Public to Test Its Bard AI Tool
Google offers users the to test a tool based on artificial intelligence Bard.
AWS and NVIDIA Collaborate on Next Generation AI Infrastructure
Amazon Web Services (AWS) and NVIDIA have started collaborating to create a next-generation artificial intelligence (AI) infrastructure.
Xiaomi Applies for Patent Enabling Contactless QR Payments on AR Glasses
Chinese designer and manufacturer of consumer electronics and related software Xiaomi has filed a patent for a QR code payment technology linked to its wearable augmented reality (AR) glasses
Intellect Design Arena Launches eMACH.ai Open Finance Platform
A multi-product fintech company Intellect Design Arena has introduced a cloud-native open finance platform eMACH.ai, powered by AWS and embedded with AI
VR Payment and Hawk AI Join Efforts to Prevent Financial Crime With AI
VR Payment, part of the cooperative financial group Volksbank Raiffeisenbanken and DZ BANK Group, partnered with AML and fraud prevention software provider Hawk AI to fight financial crime
ChatGPT For Fintech and Banking
Artificial intelligence (AI) has had a significant impact on the financial services industry. It has been applied in various areas such as investment banking, insurance, wealth management, and more. In investment banking, AI is proving to be a promising tool, with ChatGPT being one of the most exciting AI technologies available.
Italy Sees the Fastest Growth of In-Store Mobile and Wearable Transactions
In-store mobile and wearable transaction values in Italy rose by 122% in 2022 to hit $17.5 billion
Meta Winds Down NFT Service
Meta is terminating its short-lived NFT support service across its social media platforms, Facebook and Instagram
Benefits of the Zolve Credit Card
The choice of credit card products available on the market is huge, but Zolve Credit Card is a unique product for Indian students and working professionals residing in the US. It stands out with a range of exclusive perks and rewards designed to make your life easier.
Cilab’s New Feature Lets Engineers Visualize NFC Terminal RF Field
NFC testing company Cilab has improved its high-speed tester with a new feature that enables NFC terminal manufacturers to test a device’s RF field by making it visible
Report Identifies DeFi as New High Growth Area for Crypto Industry, While CeFi Funding Plunges
Digital asset investment firms increased their funding of decentralized finance (DeFi) projects in 2022 by 190%, while investments into centralized finance (CeFi) projects fell 73%
FlashCloud Employs Machine Learning to Enable Businesses Tailor Their Sales Pitch
A new machine learning (ML) enabled feature from FlashCloud Intelligence helps business-to-business (B2B) sellers find prospects on social media and identify “buying signals”
WhatsApp Gets Central Bank Approval to Launch Business Payments in Brazil
While people in Brazil have been able to use WhatsApp for P2P transactions for a while, the national Central Bank had not given the green light for small business payments until now
CFPB Discloses Typical Consumer Financial Profiles of BNPL Users
The CFPB revealed its recent research which helped the institution create a typical image of a BNPL borrower, who uses the option without signs of stress, but tends to be highly indebted
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