Report - page 18

News

Mastercard’s Middle-Market Play Uses Digital Innovation

The middle market continues to draw the attention of payments and banking companies, as further confirmed by the fact that Mastercard last Tuesday, February 18, announced a package of digital and financial management tools designed for the mentioned segment.

News

Trustly CEO Says Loyalty and Savings to Spur Consumers to Go Bank-Direct at Checkout

Trustly Inc. founder and chief executive officer Alexandre Gonthier said during a conversation with media representatives that, despite the uncertainty in regulation, pay by bank at retail, which uses open banking to carry out direct payment transactions between bank accounts, should become more widespread in the United States.

News

Mastercard Rolls Out Digitally Connected Credential Offering Multiple Payment Options

Mastercard has begun implementing the rolling out process of digitally connected credentials, which will allow consumers to pay in several ways to choose from.

News

Stacks Raises $10 Million

Self-described artificial intelligence-powered workspace Stacks has stated that it has become richer by $10 million.

Blockchain & Crypto

OpenSea Pauses Airdrop Reward System

Non-fungible token (NFT) marketplace OpenSea has paused its new airdrop reward system due to criticism from users about the mechanics.

Science & Technology

Elon Musk’s xAI Releases Grok 3

Elon Musk’s xAI has unveiled its latest artificial intelligence model called Grok 3.

News

South Korea Plans to Secure 10,000 GPUs for National AI Computing Centre

On Monday, February 17, South Korea announced its plans to secure 10,000 high-performance graphics processing units in a bid to keep pace as the global artificial intelligence race escalates.

Finance & Economics

Japan’s GDP Beats Forecasts

The Japanese economy in the fourth quarter of 2024 demonstrated such growth rates that exceeded preliminary expectations regarding the degree of intensity of the upward dynamic of this indicator.

News

Hong Kong Responds to Questions About Use of Cryptocurrencies as Proof of Wealth

The Hong Kong government has for the first time answered questions about the use of cryptocurrencies as proof of wealth for an immigration scheme after a local accountant publicly revealed two cases where the respective digital assets were accepted.

Finance & Economics

Xi Jinping Urges Entrepreneurs to Show Their Talents

On Monday, February 17, President of the People’s Republic of China Xi Jinping delivered a speech at a rare closed-door symposium with the participation of entrepreneurs, urging them to show their talents in a new era for business in the Asian country.

News

Amazon Reportedly to Delay Updated Alexa

The media published information according to which Amazon decided to push back the release of its updated Alexa voice assistant.

News

Animoca Brands, Standard Chartered, HKT to Launch HKD Stablecoin

Standard Chartered Bank Hong Kong, Animoca Brands, and Hong Kong Telecommunications (HKT) in the framework of a new joint venture will issue Hong Kong dollar-backed stablecoin.

News

Figure AI Reportedly in Talks for New Funding

The media, citing informed sources, published information according to which the robotics startup Figure AI is currently negotiating to raise financing for $1.5 billion which will increase the valuation of this brand to $39.5 billion.

News

Chip Designer Arm Reportedly Plans to Become Chip Manufacturer

The media published information according to which Arm, specializing in the development of chips, plans to become a manufacturer of microcircuits as part of its own transformation, which means broader prospects, including in the context of financial performance.

News

US Retail Sales Demonstrate Decline

In the United States, retail sales showed a decline in January, which turned out to be the largest in almost two years.

News

OpenAI Seeks to Grand Expansion

OpenAI is currently one of the leading players in the global artificial intelligence industry, which since 2015 has gone from being one of the Silicon Valley startups with only a name and a very ambitious goal to perhaps the main source of transformation of the technological environment, now striving to scale its activities.