Revolut Seeks to Become New Zealand’s First Global Digital Bank
The fintech company Revolut, headquartered in London, is focused on New Zealand as part of its ongoing international expansion.
News - page 16
Reddit Tests AI-Powered Answers Feature
Reddit rolls out a new artificial intelligence feature designed to help people quickly find answers to their questions based on user posts.
OpenAI Launches Sora
OpenAI has launched an artificial intelligence system called Sora, which can generate realistic videos based on text prompts from users.
Google Unveils New Chip
Google has presented a new chip, which, according to the statement of this technology giant, is what can be called a major breakthrough in the area of quantum computing, which is currently considered by many companies as the next frontier.
BofA’s CashPro App Reaches $1 Trillion Milestone
Bank of America announced that by the end of the current year, corporate clients of this financial institution will have made more than $1 trillion in approvals for payments through the CashPro App.
First UAE Stablecoin Gets Final Approval Before Launch
AE Coin, the first regulated stablecoin in the UAE pegged to the local dirham currency, has received the final licence from the Central Bank of the UAE and is scheduled for the soon-to-come launch.
MEI Forecasts 3.2% Global GDP Growth in 2025 Fuled by Shifts in Monetary and Fiscal Policies
The Mastercard Economics Institute (MEI) predicts a global GDP growth of 3.2% in 2025, driven by robust U.S., Indian, and GCC economies, with moderate growth in Europe and Latin America.
Norway welcomes First Apple Pay Alternative for iPhones by Vipps
Vipps MobilePay launched a mobile wallet payment solution for iPhone, now available for customers in Norway.
Amazon and Intuit Strengthen Strategic Alliance
Amazon and Intuit enhance their long-term collaboration to save sellers time and improve decision-making by providing seamless data synchronization between Amazon and QuickBooks platforms.
X Unveils AI Image Generator Aurora Available Through Grok Assistant
X AI assistant Grok can now generate high-quality photorealistic images with its new capability brought by the Aurora tool.
Long-Term Prospects of Fed’s Monetary Policy Easing Face Uncertainty
The jobs report published last week was interpreted by many experts as a kind of signal of the inevitability that in the current month, the Federal Reserve System will make another decision on cutting interest rates, but this answer to the question of what happens next faces a symbolic twilight of uncertainty.
China Consumer Inflation Drops to Five-Month Low
In China, November consumer inflation was recorded at a level that is a five-month low.
BitOasis Secures VASP License in Dubai
BitOasis can now offer a full range of crypto trading services in Dubai upon receiving a full virtual asset service provider (VASP) license.
Jack Ma Envisions AI Shaping Ant Group’s Future Through Innovation and Efficiency
Chinese billionaire and the co-founder of industry-leading Ant Group, Jack Ma, expressed his opinion about the significant opportunities artificial intelligence (AI) can offer to the fintech giant.
Gallagher Agrees to Buy AssuredPartners
Arthur J. Gallagher & Co has agreed to acquire insurance broker AssuredPartners.
UK Business Confidence Demonstrates Decline
In the United Kingdom, businesses lost steam and pulled back on hiring in November.
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