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News

FBI Says Cybercrime Costs Increase

Last year, cybercrime of all kinds caused more than $16 billion in total damage to victims around the world, according to data published on Wednesday, April 23, in a report from the United States Federal Bureau of Investigation (FBI).

News

Chinese E-Commerce Platforms Reportedly to End Refund-Without-Returns

The media, citing insiders, published information according to which the Chinese authorities have asked e-commerce platform operators to stop insisting that merchants refund customers without requiring the return of goods.

Fintech & Ecommerce

TD Bank to Open AI Center

TD Bank Group will open a new office in New York City for its artificial intelligence research and development center, Layer 6, in the current year.

Science & Technology

EU Hits Meta and Apple With Nearly $800 Million in Fines

The European Union on Wednesday, April 23, fined Meta and Apple hundreds of millions of euros each for breaching the region’s legislation on digital competition.

News

PayPal Plans to Boost Stablecoin Use

PayPal Holdings Inc. plans to offer rewards to its users for their holdings of its stablecoin.

News

Donald Trump Floats Substantial China Tariffs Cuts

President of the United States Donald Trump said that he plans to be very nice to China in any trade negotiations and noted that the US tariffs on the Asian country will be reduced if Beijing and Washington can reach an agreement.

Fintech & Ecommerce

Credibly Introduces AI Solution for Lending

Credibly is to enhance its AI-driven offering for small businesses with the launch of a new lending platform, Credibly.ai.

News

GreenFi Launches to Combine Personal Finance With Climate Care

After the 2024 asset buyout, the former Aspiration’s consumer fintech division re-launches as a climate-friendly banking startup, GreenFi.

News

OpenAI Expresses Interest in Buying Google Chrome

If Google has to sell Chrome as a result of the ongoing antitrust trial, OpenAI’s head of product told the judge that the company would be interested in purchasing the browser.

Fintech & Ecommerce

MoneyHero Enables Direct Car Insurance in Hong Kong

MoneyHero customers in Hong Kong can now directly complete their end-to-end car insurance purchase journey on the personal finance aggregation and comparison platform.

Science & Technology

Wells Fargo Says Amazon Pauses Some Data Center Lease Commitments

Wells Fargo analysts reported last Monday, April 21, that Amazon delayed some commitments to lease new data centers, which is the latest sign that economic problems may become an impact factor on technology companies’ spending plans.

News

CompoSecure Launches Wallet Integration With MoneyGram

CompoSecure, a payment card and security solutions provider, has announced the integration of its Arculus Cold Storage Wallet with MoneyGram Access.

News

Dubai’s Du Announces Hyperscale Data Center Deal With Microsoft

The Emirates Integrated Telecommunications Company PJSC (du) on Tuesday, April 22, announced a 2 billion dirhams ($544.54 million) hyperscale data center deal with Microsoft.

News

Gold Surges to New Record High

The price of gold on Tuesday, April 22, reached a new record high amid scaling and increasing concerns related to the intention of the President of the United States Donald Trump to oust Federal Reserve Chairman Jerome Powell.

News

IMF Cuts Economic Growth Forecasts for Most Countries

The International Monetary Fund (IMF) on Tuesday, April 22, published updated forecasts for economic growth in the United States, China, and many other countries, demonstrating in this case a more pessimistic outlook compared to previous expectations.

News

Kenya Enters the Digital Asset Era with Launch of KDX by DeFi Technologies, SovFi, and NSE

Kenya Digital Exchange (KDX) will enhance the country‘s financial market infrastructure by offering a secure and fully regulated way to tokenise real-world assets.