Report - page 71

Fintech & Ecommerce

Pismo Activates Ledger Update

Pismo, a global cloud-native provider of core banking services and bank card processing, has announced that a significant upgrade has been made to its authorization engine.

News

China Considers Countermeasures After US Intention to Curb Outbound Tech Investment

The Chinese Ministry of Commerce made harsh statements to the United States after it became known that Washington plans to impose restrictions on investments in the high-tech sector intended for Beijing.

News

Verituity Raises $18.8 Million

Verituity raised $18.8 million to support the growth of its B2B and B2C verified payments platform.

News

German Business Expectations Fall

Germany’s business outlook showed a deterioration for the first time in five months, a sign that Europe’s largest economic system is facing various difficulties and obstacles on its way to recovery.

News

OpenAI Buys Enterprise Startup

OpenAI has bought Rockset, a startup that specializes in enterprise search and analytics.

Finance & Economics

Bank of England Keeps Interest Rates at 5.25%

Last Thursday, June 20, the Bank of England, during its regular meeting, decided to keep interest rates at 5.25%.

News

SoftBank CEO Predicts AI to Surpass Significantly Human Mind in 10 Years

SoftBank CEO Masayoshi Son on Friday, June 21, during a rare public appearance, said that artificial intelligence, which in terms of cognitive abilities is 10,000 times greater than the capabilities of the human mind, will emerge, in his opinion, in 10 years.

Fintech & Ecommerce

Indian Startup Zepto Targets IPO

The Indian startup Zepto, which specializes in carrying out activities to provide grocery delivery services to consumers, is currently preparing to go public.

Fintech & Ecommerce

Fintech Company Pine Labs Reportedly Weighs $1 Billion IPO in India

Pine Labs Pvt, the Asian digital payment provider backed by Peak XV Partners and Mastercard Inc., is currently considering raising about $1 billion in investment funds during an initial public offering (IPO) of shares in India.

News

Kaspersky Study Shows That 60% of Passwords Can Be Cracked in Under an Hour

A fresh cybersecurity study from the Kaspersky team revealed alarming results—only 23% of passwords are strong enough, while 45% of real-world passwords could be cracked in less than a minute.

News

Singapore Says About Laundering Risk

Singapore has stated that its banking sector poses the highest money laundering risks to the city-state.

News

AI Video Startup HeyGen Raises $60 Million

HeyGen, a startup operating in the artificial intelligence industry, received investment funds for $60 million following the results of the financing round that values the firm at $500 million.

News

Anthropic Releases New AI Model

Anthropic, a startup operating in the artificial intelligence industry, has developed a new AI model.

Finance & Economics

VC Breega Hits First Close of $75 Million Africa Fund

The Paris-based venture capital firm Breega is setting up a $75 billion fund to invest in early-stage startups in Africa.

Finance & Economics

Swiss National Bank Cuts Rate Again

The Swiss National Bank decided to cut interest rates for the second meeting in a row.

News

Singapore Ranks №1 Globally in GenAI Work Usage

About 60% of employees in Singapore use generative AI (GenAI) tools at work, the highest usage rate globally, alongside Hong Kong.