News - page 4

Finance & Economics

Amazon CEO Says AI Costs to Come Down

Amazon chief executive officer Andy Jassy on Thursday, April 10, released his annual shareholder letter, in which he predicted that rapid advances around artificial intelligence along with increasing competition in the chip market will eventually bring down the costs associated with this cutting-edge technology.

Fintech & Ecommerce

ESG Book LEO Transforms Sustainability Reporting for Corporates and Finance

ESG Book has introduced the LEO cloud solution, designed specifically for financial institutions and corporates to meet sustainability due diligence and disclosure requirements.

Blockchain & Crypto

Cardano Founder Predicts Bitcoin to Hit $250,000 This Year

The industry veteran and founder of the Cardano blockchain, Charles Hoskinson, stated during a conversation with media representatives that as early as the current year, the price of Bitcoin could reach the $250,000 mark.

Blockchain & Crypto

Jack Dorsey Pushes Signal to Launch Bitcoin Payments

Jack Dorsey, a cryptocurrency entrepreneur, and former Twitter chief executive officer, encourages Signal Messenger to integrate Bitcoin for peer-to-peer (P2P) payments, which could potentially contribute to the shift as part of the crypto strategy of the virtual platform away from altcoins.

Finance & Economics

Apple Takes Flight: 600 Tons of iPhones Airlifted from India to Outsmart New Tariff Policies

Apple, which produces and assembles most of its iPhones in China, has accelerated its production capacities in India, bringing about 1,5 million smartphones from the Indian manufacturing hub via aircraft cargo in less than a month.

Blockchain & Crypto

Taurus Breaks New Ground with Digital Asset Network for Banks

Taurus enterprise-grade digital asset infrastructure scales up to a new level with the innovative interbank network for digital asset collaboration.

Finance & Economics

Business Confidence in UK Holds Record High

UK businesses illustrate robust confidence levels with growth driven by optimistic retail firms.

Finance & Economics

Donald Trump Puts 90-Day Pause on Higher Tariffs

President of the United States Donald Trump on Wednesday, April 9, announced a 90-day pause on higher tariffs and at the same time increased levies on goods imported from China to 125%.

Blockchain & Crypto

Thailand Targets Foreign Crypto P2P Services in New Laws

Thailand is strengthening measures to combat online crimes related to digital assets by passing new amendments to several national laws.

Blockchain & Crypto

Mastercard and Kraken to Promote Crypto Payments in EU and UK

The Kraken cryptocurrency platform has launched a payment-oriented partnership with Mastercard.

Fintech & Ecommerce

Hong Kong’s Finance Sector Embraces GenAI

The adoption of generative artificial intelligence in Hong Kong’s financial sector is gaining momentum and shows steady signs that the process will continue.

Fintech & Ecommerce

Bank of America to Spend $4 Billion on AI and New Tech Initiatives

Bank of America intends to spend $4 billion on new initiatives, including artificial intelligence, in the current year.

Fintech & Ecommerce

Fiserv Acquires Pinch Payments

Fiserv stated that it had acquired payment facilitator (PayFac) Pinch Payments and its management platform Glassbox.

Fintech & Ecommerce

Synchrony and Adobe Commerce to Offer Flexible Financing

Synchrony, a financial services company, has launched a new integration with Adobe Commerce.

Fintech & Ecommerce

Shopify and Affirm Expand Pay-Later Pact

Affirm and Shopify have expanded their pay-later offering outside the United States.

Fintech & Ecommerce

Weixin Pay Users to Receive Cross-Border Transfers From PayPal’s Xoom

PayPal’s money transfer service, Xoom, will enable Weixin Pay users to receive money directly into their Weixin Pay Wallet Balance or linked bank accounts through the partnership with Tenpay Global.