News - page 263

Fintech & Ecommerce

PayPal Partners Live Nation Entertainment to Provide Flexible Payments for Fans

PayPal announced a multi-year strategic partnership with the global entertainment company Live Nation Entertainment, becoming the preferred payments partner

Finance & Economics

Stripe Confident in Web Economy Despite Significant Slowing

The Stripe payment company processed transactions totaling more than $817 billion in 2022.

Finance & Economics

JPMorgan’s Jamie Dimon Warns Banking Crisis to Be Felt for Years to Come

JPMorgan Chase CEO Jamie Dimon said that the banking crisis triggered by the March collapses of Silicon Valley Bank and Signature Bank has not reached its limit and will have an impact on the state of affairs in the economy over the next few years.

Science & Technology

Meta Launches Computer Vision Model to ID Objects

Meta presented and launched new computer vision tools that can be used to identify objects in an image.

Fintech & Ecommerce

South Africa’s Peach Payments Raises $31 Million

The South African company Peach Payments, which specializes in providing financial services in the field of online payments, announced the receipt of additional funding in the amount of $ 31 million from Apis Growth Fund II.

Science & Technology

Santander and Microsoft Launch AI Challenge

Banco Santander announced the establishment of partnerships with Microsoft and the Oxentia Foundation in order to solve the global problem of representatives of the business community who use artificial intelligence to launch processes of positive changes in society.

Fintech & Ecommerce

Portrait Analytics Raises $3 Million for Generative AI Investment Research Platform

The startup Portrait Analytics reported that it managed to attract investments in the amount of $ 3 million in the form of pre-financing.

Finance & Economics

PostFinance Bank to Offer Crypto Services

Swiss government-owned bank PostFinance is partnering with Sygnum Bank to enable its 2.5 million customers to buy, store and sell bitcoin and ether

Finance & Economics

Apple to Open Its First Retail Store in India

Apple is currently preparing to open its first retail store in India.

Fintech & Ecommerce

Finanzguru Raises $14 Million to Bolster Financial Advice Platform

The German company Finanzguru announced that it managed to attract investment funds for $ 14 million following the results of the next round of financing led by PayPal Ventures.

Finance & Economics

SEC Charges Frank Founder With Fraud in $175 Million Sale to JPMorgan

In the United States, federal regulators said that the founder of a student financial assistance company, Frank, committed fraudulent actions against one of the largest banks in the country.

Finance & Economics

Amazon Cuts Over 100 Games Division Jobs

Amazon has laid off more than 100 employees of its gaming division and reassigned workers to other structural units.

Countries

UAE Сentral Bank Selects Technology and Legal Partners for CBDC Project

The UAE Central Bank (CBUAE) has chosen Clifford Chance, R3, and G42 Cloud as partners in the implementation of the digital currency creation project.

Fintech & Ecommerce

Private Banking Startup Kashet Raises £5.4 Million

Kashet startup, whose offices are located in the UK and Switzerland, came out of hiding after raising £5.4 million in investment funds following the results of an entry-level funding round.

Blockchain & Crypto

Lloyds Bank to Move Trade Finance Documentation to Blockchain

Long-term partnership with Enigio will enable Lloyds Bank to digitise its trade finance documentation, delivering faster, more affordable, flexible, sustainable and secure blockchain solutions for its clients

Fintech & Ecommerce

Bunq Eyes US Market: Applies for Licence

Dutch neobank bunq is “bringing the bank of The Free to the land of The Free” with a new application for a banking licence with the FDIC