Mastercard Launches AI-Powered Scam Protect to Combat Rising Fraud
Mastercard introduces Scam Protect, powered by AI, to help financial institutions detect and prevent scams, while also educating consumers. Through partnerships with Verizon and Entersekt, Mastercard aims to develop advanced solutions to block scammers, while supporting the Global Anti-Scam Alliance for consumer advocacy. 24 April 2024 – Mastercard has launched Scam Protect, a comprehensive suite of solutions driven by advanced...
Hewlett Packard Enterprise Enhances Enterprise Connectivity with New Wi-Fi 7 Access Points
Hewlett Packard Enterprise has launched Wi-Fi 7 access points offering increased capacity, security, and location-based services for enterprise applications. 24 April 2024 = Hewlett Packard Enterprise (NYSE: HPE) has announced the launch of Wi-Fi 7 access points (APs), offering up to 30% more capacity for wireless traffic compared to competitors. These APs, part of the HPE Aruba Networking portfolio, also enhance network security and...
Money20/20 Asia 2024: A Deep Dive into Fintech Trends and Strategies
Money20/20 Asia 2024 in Bangkok has featured insightful sessions, keynotes, and announcements, highlighting fintech innovation, collaboration, and strategies for financial inclusion and fraud prevention. 24 April 2024 – Money20/20 Asia 2024, the premier event in the fintech calendar, is currently unfolding in Bangkok, Thailand, from April 23rd to April 25th. This highly anticipated three-day event has drawn industry leaders,...
Mox Bank Named Among Fastest-Growing Digital Banks Globally by Oliver Wyman
Mox Bank Limited has been recognized as one of the fastest-growing digital banks globally by Oliver Wyman. The acknowledgment highlights Mox’s remarkable growth and innovative product offerings, with its CEO emphasizing a commitment to customer needs and agility in delivering solutions. 23 April 2024 – Mox Bank Limited (“Mox”) has earned recognition from global management consulting firm Oliver Wyman as one of...
Cognizant and FICO Forge Alliance to Combat Fraud in Real-Time Payments with Innovative Cloud-Based Solution
Cognizant and FICO join forces to introduce a cloud-based real-time payment fraud prevention solution, leveraging AI and ML technologies to enhance security for banks and payment service providers in North America. The collaborative initiative aims to detect and block fraudulent transactions with precision, offering a seamless and secure consumer experience amid the proliferation of instant digital payments. 18 April 2024 –...
Brankas Makes History as First Indonesian Company Licensed for Account Information Services by Bank Indonesia
Brankas secures the prestigious PJP Category 2 license from Bank Indonesia, becoming the first Indonesian company licensed for Account Information Services (AInS). With approval for Payment Initiation and/or Acquiring Services (PIAS), Brankas expands its capabilities, offering secure real-time payment verification and automated prompts for insufficient funds, revolutionizing the Indonesian fintech landscape. 18 April 2024 –...
Huawei Pioneers All-Intelligent Networks at Analyst Summit 2024, Unveiling AI-Powered Strategies for Net5.5G Era
Huawei showcases its commitment to advancing network intelligence at the Analyst Summit 2024, unveiling strategies to integrate AI technologies and deploy network digital twins at scale, setting a new standard for innovation in the Net5.5G era. 18 April 2024 – At the Huawei Analyst Summit 2024, Steven Zhao, Vice President of Huawei’s Data Communication Product Line, unveiled the company’s groundbreaking strategies to...
Trip.com Group Unveils 8 Sustainable Travel Tips for Earth Day 2024
Trip.com Group provides practical advice for eco-conscious travelers this Earth Day, covering strategies like carbon offsetting, supporting local communities, and exploring lesser-known destinations to promote sustainable travel practices. 18 April 2024 – As travelers, we’re drawn to the majesty of mountains, the allure of the sea, and the freedom of the skies. Yet, amidst our wanderlust, we’re increasingly aware of...
Innovation Takes Center Stage at 135th Canton Fair: Showcasing New Quality Productive Forces
The 135th Canton Fair showcases pioneering advancements in electronics and appliances, highlighting the utilization of new quality productive forces to redefine industry standards. Exhibits include innovative VR devices, intelligent service robots, and cutting-edge video surveillance products, offering a glimpse into the future of technology-driven consumer experiences. 17 April 2024 – The 135th China Import and Export Fair,...
Netflix Earnings Report: Focus on Subscriber Growth Amidst Password Sharing Crackdown
Netflix prepares to release its earnings report, with attention on maintaining subscriber growth amidst challenges posed by password sharing crackdowns. Analysts scrutinize the streaming giant’s strategies, including the adoption of ad-supported tiers and expansion into sports entertainment. 17 April 2024 – As Netflix prepares to report its earnings on Thursday, attention is drawn to its strategy for sustaining subscriber...
Telegram Founder Pavel Durov Forecasts Rapid Growth Towards One Billion Users
Telegram founder Pavel Durov predicts the messaging app’s user base will soon exceed one billion, emphasizing its neutrality amidst geopolitical pressure and scrutiny. Despite challenges, including allegations of Russian influence, Durov remains committed to Telegram’s role as a platform for diverse communication. 17 April 2024 – Pavel Durov, the billionaire behind Telegram, anticipates the messaging app will soon...
Alliance to End Plastic Waste Releases Groundbreaking Solution Model Playbooks
The Alliance to End Plastic Waste launches innovative ‘Solution Model’ playbooks, providing actionable strategies for stakeholders to combat plastic pollution and promote circularity in the plastic economy. 17 April 2024 – The Alliance to End Plastic Waste has launched the first pair of ‘Solution Model’ playbooks, designed to provide insights and strategies for stakeholders across the plastic value chain....
Visa Unveils Advanced Payment Solutions to Empower Merchants in Evolving Retail Landscape
Visa unveils advanced payment solutions to support merchants in the evolving Click-and-Mortar™ shopping landscape, emphasizing simplified payment experiences and enhanced connectivity. Key enhancements include Developer Assist for partner integration, a revamped SMB platform by Authorize.net, and the expansion of Tap to Phone technology for mobile acceptance. 17 April 2024 – Visa, a global leader in digital payments, announces...
FinbotsAI and KBZ Bank Join Forces to Transform Credit Risk Management in Myanmar with AI-Powered Solution
FinbotsAI partners with KBZ Bank, Myanmar’s leading bank, to implement CreditX, an AI-powered credit scoring solution, revolutionizing credit risk management in the region. The collaboration aims to enhance operational efficiency, drive financial inclusion, and facilitate faster and more accurate credit assessments across retail and SME products. FinbotsAI, a Singapore-based B2B SaaS FinTech backed by Accel, has announced a...
Fintech Funding Declines in Asia Pacific, but Global Landscape Holds Promise: S&P Global Market Intelligence
Asia Pacific experiences the largest year-on-year decline in fintech funding, while global landscape shows promising signs with certain regions and segments experiencing growth, according to data from S&P Global Market Intelligence. Late-stage investing is on the rise, and there’s anticipation of fintech companies going public in the coming years. 16 April 2024 – In the first quarter of 2024, Asia Pacific witnessed the...
Juniper Research Predicts 41% Surge in Digital Money Transfers by 2028
Juniper Research forecasts a 41% increase in digital money transfers by 2028, driven by the adoption of mobile money in developing regions and instant payments in developed markets. The top 5 platform vendors for 2024, including Huawei and PayPal, are revealed, with an emphasis on the importance of innovation and a Payment-as-a-Service approach to stay ahead in the competitive landscape. 16 April 2024 – According to a new study...
AMD Unveils Cutting-Edge AI Chips for Business PCs, Set to Debut in HP and Lenovo Platforms
AMD introduces new series of AI-enabled chips tailored for business PCs, including the Ryzen PRO 8040 Series for laptops and mobile workstations, and the Ryzen PRO 8000 Series for desktops, set to launch in platforms from HP and Lenovo in the second quarter of 2024. 16 April 2024 – Advanced Micro Devices (AMD.O) announced on Tuesday the launch of its latest series of chips tailored for artificial intelligence-enabled personal...
Baidu’s Ernie Bot Dominates China’s AI Chatbot Market with 200 Million Users Amidst Rising Competition
Baidu’s Ernie Bot achieves a milestone with over 200 million users, facing stiff competition from emerging rivals like Moonshot AI’s Kimi in China’s AI chatbot market. Despite challenges, Ernie Bot continues to grow and serve a large base of enterprise clients. 16 April 2024 – Baidu, China’s leading technology company, announced on Tuesday that its artificial intelligence chatbot, “Ernie Bot,”...
Apple Smartphone Shipments Drop 10% in Q1 2024 as Samsung Secures Top Spot Amidst Android Onslaught
Apple’s smartphone shipments experienced a 10% decline in Q1 2024, yielding the top spot to Samsung amidst heightened competition from Android manufacturers. With challenges in key markets like China, Apple faces pressure to innovate and address investor concerns regarding its AI development strategy. 15 April 2024 – According to data released by research firm IDC on Sunday, Apple’s smartphone shipments experienced a...
BrandShield Dismantles Over 250 Websites Trafficking Counterfeit GLP-1 Drugs, Raises Alarm on Patient Safety
Cybersecurity firm BrandShield shuts down over 250 websites selling counterfeit GLP-1 drugs, amid rising concerns about patient safety and public health risks associated with fake medications. 15 April 2024 – BrandShield, a leading cybersecurity firm, has successfully shut down more than 250 websites trafficking counterfeit versions of popular weight-loss and diabetes medications in the GLP-1 class, CEO Yoav Keren disclosed...
