Visa and Mastercard Embrace AI for Future Growth
Visa and Mastercard are repositioning as 'hyperscalers' of finance, leveraging AI and value-added services for growth as traditional card spending slows.
#Visa#Mastercard#AI
#Financial Technology
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Circle Launches Arc Testnet with Major Backing
Circle has launched the public testnet for Arc, its new Layer 1 blockchain network, with support from over 100 firms including BlackRock and Visa, aiming to create predictable stablecoin transactions.
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IBM Enters Digital Asset Market With New Blockchain Platform
IBM has launched Digital Asset Haven, a new blockchain platform developed with Dfns, to help financial institutions and corporations build and manage digital asset services.
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Evolve Bank & Trust Navigates Fintech Challenges
Evolve Bank & Trust faces financial challenges and regulatory scrutiny but remains committed to banking-as-a-service under new CEO Bob Hartheimer, aiming for a 2026 turnaround.
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JPMorgan Unveils AI Platform for Small Business Finance
JPMorgan Chase has launched 'Business Blueprint,' a new AI-powered platform designed to provide small and medium-sized businesses with advanced financial tools.
#JPMorgan Chase#Artificial Intelligence#Small Business
Global Bank Suffers Major System Outage
A major global bank, Titan International, suffered a system-wide outage for over eight hours, impacting millions of customers across North America and Europe.
#Banking#Service Disruption#Financial Technology
Crypto Casinos Offer Large Bonuses to Attract New Users
Cryptocurrency-based gaming platforms are attracting users with substantial bonuses, no-KYC policies, and instant withdrawals, fueling intense competition.
#Cryptocurrency#Online Gaming#Blockchain
Singapore and UAE Lead Global Cryptocurrency Interest: Report
A new report from ApeX Protocol names Singapore and the UAE as the world's most crypto-engaged nations, citing high ownership rates and search activity.
#Cryptocurrency#Digital Assets#Singapore
Bitcoin Gaming Platforms Expand with Unique Features
Bitcoin gaming platforms are gaining popularity by offering features like no-KYC policies, instant withdrawals, and large crypto-based bonuses, creating a competitive new sector.
#Bitcoin#Cryptocurrency#Online Gaming
Stablecoin Transactions Exceed Visa and Mastercard Combined
Stablecoins processed $27.6 trillion in transaction volume in 2024, surpassing the combined total of major payment networks Visa and Mastercard.
#Stablecoins#Financial Technology#Digital Payments
JPMorgan Chase Announces $5 Billion AI Investment Strategy
JPMorgan Chase has committed $5 billion over three years to a major artificial intelligence initiative aimed at transforming its operations.
#JPMorgan Chase#Artificial Intelligence#Financial Technology
Global Standard Bank Launches AI Platform for Retail Investors
Global Standard Bank has launched "Momentum AI," a new digital wealth management platform using artificial intelligence to serve retail investors in the US and UK.
#Financial Technology#Artificial Intelligence#Investing