Authentic Brands Group Gains $500 Million Investment to Support Expansion
Authentic Brands Group received an initial investment of $500 million from the joint stock company General Atlantic.
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Citigroup Reportedly Reviews Deal With Metaco to Develop Digital Asset Custody
The media reported that the American financial conglomerate Citigroup is currently reviewing the concept of its partnership with the Swiss custodian of digital assets Metaco.
Apple Eyes Historic $3 Trillion Valuation Amid Big Tech Surge
Apple is approaching a historically important moment in its existence, which will be a record indicator of the company’s market value.
US Patent and Trademark Office Notifies Filers of Years-Long Data Leak
In the United States, a federal government agency that issues patents and trademarks has confirmed information that this organization inadvertently disclosed the personal addresses of about 61 thousand applicants.
SmartMetric Launches Biometric Security Solution for Credit and Debit Cards
SmartMetric has developed a solution to ensure the security of credit and debit cards.
Sardine Launches Anti-Fraud Consortium of Financial Institutions and FinTechs
Sardine, a company that specializes in preventing fraudulent activity, has created an independent consortium to combat similar crimes committed in the field of payments.
Data Management Firm Databricks to Acquire AI Startup MosaicML for $1.3 Billion
Databricks, a company specializing in the storage and management of data arrays, announced the acquisition of MosaicML startup, which operates in the field of artificial intelligence creation.
Swiss National Bank Preps Wholesale CBDC Test
The central bank of Switzerland intends to issue a wholesale digital currency.
Apple Adds iPhone 14 and New Macs to Self-Service Program
Apple has expanded its Self-Service Repair program, extending it to some of the newest devices from its product line.
AWS Launches Program to Help Customers Implement Generative AI
Amazon Web Services (AWS) has announced the launch of a program designed to accelerate the process of implementing artificial intelligence by consumers.
Amazon Trounces Walmart in Most Retail Categories
Amazon and Walmart in the US market have long been in a state of competition with respect to each other, in this situation, the obvious circumstance is that at certain stages one of the participants in the conditionally adversarial process will be in a more advantageous position.
Interest-Only Mortgages Shrink in UK: Report and Forecast
UK Finance observed a further reduction in the size and risk profile of the interest-only mortgage book in 2022, as customers continued to repay their loans on or ahead of schedule
IBM and Adobe Expand Partnership With Generative AI Focus
IBM and Adobe announced the expansion of cooperation in order to provide brands with the opportunity to create content using artificial intelligence.
Amazon Teams With YouLend
Amazon on Tuesday, June 20, announced the beginning of cooperation with the YouLend embedded financing platform.
Afreximbank Expects Up to 20 Countries to Use Pan-African Payment System by Year’s End
By the end of this year, up to 20 countries can join the pan-African payment system.
Nevada Introduces Regulatory Standards for Wage Access
Joe Lombardo, the 31st governor of Nevada, signed the first law in the United States to introduce regulatory standards for companies that offer access to wages (EWA).
