The crypto exchange Huobi has confirmed plans to lay off 20% of its employees as part of the ongoing restructuring, following Justin Sun’s acquisition of the firm, but denied rumours of its insolvency
The new sustainable payment machine from Getnet is the first of its kind on the card-acquiring market. It is made from recycled parts of electrical equipment waste
The active development of digital technologies displaces many material objects from people’s lives. This fate couldn’t be avoided by traditional wallets, which are shrinking in size and are heading for a minimal presence in everyday life
In Japan, a local fintech company Smartpay launched Smartpay Bank Direct, the country’s first digital consumer finance service, that pronides customers the opportunity to pay online for purchases in installments using their bank accounts
Online shopping considerably increased this holiday season despite economic downturn, as record-setting discounts helped offset the negative impact of high inflation
Independent survey with over 1,000 business representatives from Europe shows the potential of Banking-as-a-Service (BaaS) which is expected to reach mainstream adoption within five years
US Educators are blocking the use of ChatGPT on its premises, while the company behind it develops a solution to help spot the AI-generated texts
Santander Bank partnered with Global Payments Inc. on a new commercial card offering for its Commercial Banking clients in the US
The global automaker and mobility provider Stellantis introduces an independent business unit, dedicated to data as a service (DaaS) business, innovative B2B products, applications and services
Former CEO and co-founder of Celsius Network, Alex Mashinsky, faces a lawsuit for defrauding hundreds of thousands of investors, including 26,000 New Yorkers. NY AG Letitia James isn’t just seeking damages for victims, she’s also determined to permanently bar Mashinsky from trading and operating a business in New York. Celsius Network operated as a global […]
A new study from Forex Suggest reveals 431.6 million trees would need to be planted to amend bitcoin mining pollution over the last year only, not to mention the impact of other crypto activities
ECB board member Fabio Panneta suggests trading unbacked crypto assets should be regulated similarly to gambling
In the busy modern world, audiobooks substitute reading on the go. The new AI-enabled solution from Apple allows independent authors and those associated with small publishers to be heard
MeetKai startup is launching several new platforms for metaverse creators and users, including a room-scanning service and a tool to build structures and spaces in the metaverse
Ireland’s Data Protection Commission imposed a $414 million fine on Meta for using its contracts with Facebook and Instagram users to send them ads based on their online activity, without explicit consent
Amazon layoffs exceed earlier projections. The job cuts would represent over 5% of the company’s corporate workforce and continue over the coming weeks
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