News - page 265

Fintech & Ecommerce

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

Blockchain & Crypto

Coinbase Prepares for Years-Long Court Battle With SEC, Considers Relocation: CEO

Coinbase CEO Brian Armstrong disclosed the details of its legal battle with the SEC, adding that the exchange might consider leaving the U.S. due to the lack of regulatory clarity around the crypto industry

Fintech & Ecommerce

Purpl Joins Remitly to Bring Affordable Remittances to Lebanon

The new partnership between two fintechs will enable remittances to Lebanon at a lower cost despite providing a better user experience

Fintech & Ecommerce

Al Hilal Bank Partners With BLME to Bring Digital UK Banking to UAE

Al Hilal Bank customers in the UAE now have a quick and simple way to access digital banking services as if they were in the UK

Finance & Economics

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.

Science & Technology

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.

Blockchain & Crypto

Striga Launches APIs for Crypto Cards Programme

Estonian crypto infrastructure provider, Striga, has launched a set of APIs to help crypto companies generate branded bank cards

Fintech & Ecommerce

Mastercard Customizes Solutions for Female Entrepreneurs

Mastercard has introduced a suite of services dedicated to the financial needs of female business owners across the regions of Latin America and the Caribbean

Science & Technology

Google Develops Radical Search Changes to Beat Back AI Rivals

Google is striving to maintain its position as the world’s leading search engine by updating existing mechanisms of the corresponding category and implementing plans to create new ones, in this case, the technology giant is counting on the potential of artificial intelligence-based technologies.

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.

Fintech & Ecommerce

Network International in Talks Over £2 Billion Bid

Network International, which is based in Dubai, is currently in talks with a consortium led by CVC Capital Partners to buy the company for 2 billion pounds.