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Fintech & Ecommerce

Toshiba Debuts Mission Control for Retail Intelligence

Toshiba Global Commerce Solutions announced the opening of a new center for retailers-suppliers with improved intellectual capabilities.

News

Santander Bank Partners With DailyPay to Offer On-Demand Pay

Santander Bank N.A. announced the beginning of a partnership with DailyPay, thanks to which the clients of this financial institution will have access to the on-demand payment service.

News

Transflo and Comdata Boost the Fright Industry With App-Based Fuel Payment Solution

The amalgamation of Transflo’s mobile app technology for the transportation sector and Comdata’s virtual card capabilities created a new fuel payment solution addressing long-standing issues in the freight industry

Fintech & Ecommerce

Mercari Brings ChatGPT Shopping Assistant to Secondhand Market

With the new Merchat AI by Mercari, customers can engage in real-time conversations with the virtual ChatGPT-powered shopping assistant and receive product recommendations

News

Bank of America’s Erica Use More Than Triples Since 2020

Brian Moynihan, CEO of Bank of America (BofA), in his earnings report for the first quarter of this year, said that each business segment showed good results during this period, as the financial giant quickly and organically developed customer relationships and accounts.

Science & Technology

Elon Musk Says to Make AI Safe Requires New Model and Regulations

Elon Musk strives not only for a new model of generative artificial intelligence but also for the creation of a system of government regulation of this sphere.

Society & Lifestyle

Reddit to Charge for Access to Its API

Following Twitter, which decided to restrict third-party access to its data, Reddit on Tuesday, April 18, announced the launch of the practice of charging for the use of the API.

Science & Technology

Microsoft Develops AI Chip

Microsoft is developing a new artificial intelligence chip under the internal code name Athena.

Fintech & Ecommerce

Federal Reserve Governor Says CBDC Risks Likely Greater Than Benefits

The head of the Federal Reserve System, Michel W. Bowman, said that the advantages of the central bank’s digital currency (CBDC) are more likely to exceed the risks associated with its use.

News

Meta Horizon Worlds Adds Controls as It Lowers Age Requirement

Meta has announced a relaxation of age requirements, compliance with which allows users to access the virtual reality (VR) platform.

Science & Technology

Nine More US States Join Lawsuit Against Google

Nine more states have joined the US Department of Justice’s lawsuit against Alphabet (GOOGL.O) Google.

News

Apple Introduces Apple Card Savings Account

With the new offering, American users can set up and manage a savings account directly from Apple Card in their dedicated Wallet

News

Zoom to Acquire Workvivo

Zoom acquires Workvivo in order to further expand its platform for interaction in a digital-focused workplace.

Fintech & Ecommerce

U.S. Lawmakers Set to Examine Future of US Stablecoins

In the United States, hearings are due to take place this week, according to the results of which local legislators will decide on the future of stablecoins.

News

Yellen Warns Banks Could Pull Back on Lending

The US Treasury Secretary reported on the high probability of a change in the approach of local financial institutions to lending in the direction of tightening.

News

HSBC Hires Ex-SVB Bankers to Focus on US Innovation Economy

HSBC currently hires about 40 former employees of the Silicon Valley bank.