Report - page 118

News

TD Bank Cooperates With Regulators on Anti-Money Laundering Issues

TD Bank announced cooperation with regulators and law enforcement agencies in the framework of the proceedings concerning the lender’s compliance with the provisions of the normative base defining the legal principles of combating money laundering.

News

Twilio Launches AI Tools

Twilio, a software company, presented new artificial intelligence tools for its customer interaction platform.

Science & Technology

NVIDIA CEO Dispels Concerns About Deficit of Chips in AI Boom

NVIDIA Chief Executive Officer Jensen Huang said that investors’ concerns about a possible shortage of chips due to exceeding by the level of demand for these products the pace of production are not justified, and noted that there is no reason for any anxiety about this.

Finance & Economics

NVIDIA Reports Record Sales

NVIDIA has reported an increase in its sales to a record level amid a rapid growth in demand for artificial intelligence chips.

News

FinTech Startup Yeeld Partners With Airwallex to Accelerate Global Payments

Fintech startup Yeeld announced the beginning of cooperation with the financial company Airwallex in order to accelerate global payment operations and other transactions for customers.

Science & Technology

NVIDIA and VMware to Accelerate Generative AI Adoption

VMware and NVIDIA announced the expansion of the scope of strategic cooperation in order to provide businesses with assistance in implementing generative artificial intelligence in the process of their activities.

Fintech & Ecommerce

Cross River Bank and FinTech Platform Current to Launch New Credit-Building Product

Cross River Bank has reached an agreement with the Current fintech platform on cooperation within the framework of the project to launch a new loan product.

Fintech & Ecommerce

Clara Reportedly Launches Cross-Border Payments in Mexico

The media reported that the fintech company Clara in Mexico began to provide local consumers services for making cross-border payment transactions.

News

Microchip Giant Arm Files for IPO

Arm Holdings, which is part of the ownership structure of SoftBank Group, has taken the first step toward initial public offerings of shares.

News

S&P Global Ratings Downgrades Five Regional US Banks

S&P Global Ratings has revised down the ratings of five regional banks in the United States.

News

Tourism to Become $15.5 Trillion Industry by 2033

The volume of the travel industry by 2033 may reach a significant landmark of $15.5 trillion.

Finance & Economics

Citigroup CEO Reportedly Weighs Plan to Break Up Corporation’s Biggest Unit

The media reports that currently, the chief executive officer of Citigroup Jane Fraser is considering the possibility of creating a plan to break up the largest unit of this corporation as part of a restructuring strategy.

Fintech & Ecommerce

Infor Nexus and DBS Bank to Offer New Pre-Shipment Financing Solution for Businesses in India

Infor Nexus Supply Chain Network and DBS Bank reported on collaboration to create a pre-shipment financing solution for small and medium-sized businesses in India.

Fintech & Ecommerce

Chilean Digital Bank Tempo Collaborates With Dock

Dock, a B2B technology company for payments and banking, announced the start of cooperation with Tenpo, Chile’s largest digital lender, with a customer base of more than 2.2 million people.

News

China’s Evergrande Group Files for Bankruptcy in New York

Evergrande Group, at one time the second-largest real estate developer in China, filed for bankruptcy in New York.

Science & Technology

Company Applied Materials Publishes Positive Forecast for Future

Applied Materials, an American company that manufactures equipment necessary for the production of chips, has released a forecast for the current quarter, which contains optimistic expectations and statements about the likely weakening of the downturn in the industry.