Mastercard and 4thWave to Drive B2B Payments Across EEMEA
Mastercard has partnered with 4thWave, a provider of an innovative digital platform for finance and banking as a service (BaaS), to optimize business-to-business (B2B) payment flows.
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Samsung Posts Sixth Straight Quarter of Declining Operating Profit
Samsung Electronics Co. recorded a decline in operating profit for the sixth consecutive quarter.
McAfee Presents AI-Powered Deepfake Audio Detection
At CES 2024, McAfee presented a technology for detecting audio deepfakes based on artificial intelligence called Project Mockingbird.
Bitcoin-Accepting Merchants Grew 174% in 2023
The number of merchants accepting Bitcoin payments increased almost threefold last year, with a notable concentration in Europe and Latin America.
Jefferies Analysts Warn About Significant iPhone Sales Fall in China
Analysts at Jefferies Independent Investment Bank, led by Edison Lee, believe that the decline in sales of iPhone smartphones in the Chinese market will show a strengthening trend in the foreseeable future.
Ant Group Reportedly Plans to Purchase MultiSafepay
The media reports that the Chinese Ant Group is currently preparing to implement its intention to acquire the Dutch payment company MultiSafepay.
Foxconn Expects Decline in Sales
Foxconn warned of a fourth consecutive decline in quarterly sales.
Jeff Bezos Invests in Startup Perplexity
Jeff Bezos, the founder of Amazon, became one of the sponsors of the company, which is not yet two years old.
Chinese Shadow Bank Zhongzhi Files for Bankruptcy
The Chinese shadow banking giant Zhongzhi Enterprise Group Co. has filed for bankruptcy.
Adyen and Straumur to Enhance Payment Processing in Iceland
Adyen, a global financial platform based in the Netherlands, announced the beginning of cooperation with the Icelandic firm Straumur, which is a subsidiary of Kvika.
OpenAI Reportedly to Launch Online Store Next Week
The media reports that OpenAI, which has developed the world’s most popular chatbot based on artificial intelligence called ChatGPT, will launch its online store next week.
Global Startup Funding Decreases 38% in 2023
Global startup funding declined to the lows last seen in 2018, illustrating a 38% drop year-on-year.
Qualcomm Announces New Chip for Mixed Reality
Qualcomm Inc., the largest manufacturer of processors for mobile phones, has announced a new Snapdragon XR2+ chip, designed for virtual and mixed-reality headsets.
PRIME Africa Provides Access to Improved Financial Services for Moroccan Migrants
To improve financial services for Moroccans, a new partnership has been launched between the United Nations International Fund for Agricultural Development (IFAD) and international money transfer operator, Moneytrans, which is part of the Platform for Remittances, Investments and Migrants’ Entrepreneurship in Africa (PRIME Africa) project.
HSBC Reportedly Joins Ranks of Suitors for Tesco Banking Arm
HSBC has joined the list of financial institutions that are participating in a kind of race for the right to acquire Tesco Bank.
Enhanced Blockchain Security Brought Crypto Hack Losses Down 51% in 2023
The state of Web3 and blockchain security improved over the past year, causing a twofold decrease in losses to crypto hacks and other cybersecurity incidents.
