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This Week in AI: Enterprise Acceleration, EU Rulemaking and Defeating Deepfakes
This Week in AI: Enterprise Acceleration, EU Rulemaking and Defeating Deepfakes
February 09, 2024  |  artificial intelligence

Artificial intelligence (AI) is changing everyday life, heralding a paradigm shift beyond smarter chatbots. And the technology is showing no signs of slowing down —...

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Barclays to Acquire Tesco Bank, Partner With Tesco Stores
Barclays to Acquire Tesco Bank, Partner With Tesco Stores
February 09, 2024  |  Acquisitions

Barclays has entered into an agreement to acquire Tesco’s retail banking business, including its credit cards, unsecured personal loans, deposits and operating infrastructure. The acquisition...

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PayPal Explores Offline Payments as DMA Looms
PayPal Explores Offline Payments as DMA Looms
February 08, 2024  |  Payment Methods

Is PayPal getting ready to offer “offline” payments? The company seems to be indicating a move in that direction as new European Union regulations go into effect for its...

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Mastercard and Last Mile Solutions Partner on Payments at EV Charging Stations
Mastercard and Last Mile Solutions Partner on Payments at EV Charging Stations
February 06, 2024  |  Partnerships

Mastercard and Last Mile Solutions teamed up to make payments at electric vehicle (EV) charging stations more seamless. Through the partnership, charge point operators (CPOs) will...

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Tuum Raises $26 Million Amid Banking’s Ongoing Digital Evolution
Tuum Raises $26 Million Amid Banking’s Ongoing Digital Evolution
February 06, 2024  |  Investments

Core banking platform Tuum has raised $26 million to expand to new parts of Europe. The Estonian company’s Series B funding round, announced Tuesday (Feb. 6), will allow...

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EU’s AI Act: Premature or Prescient?
EU’s AI Act: Premature or Prescient?
February 05, 2024  |  Artificial Intelligence

Is it possible to achieve a perfect balance between regulation and innovation over disruptive technologies? The European Union’s (EU) 27 member states appear to think...

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True Layer Teams With Worldline on Payments Orchestration
True Layer Teams With Worldline on Payments Orchestration
January 31, 2024  |  Partnerships

Open banking payments network TrueLayer is offering its products via Worldline’s payment orchestration platform. Beginning Wednesday (Jan. 31), Worldline Payment Orchestration merchants can enable TrueLayer’s payment products including Payments, Payouts...

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Kriya Secures $64 Million Debt Facility to Scale B2B Payments
Kriya Secures $64 Million Debt Facility to Scale B2B Payments
January 31, 2024  |  B2B Payments

London-based FinTech company Kriya has secured a new 50-million-pound (about $64 million) debt facility to scale its B2B payments volumes. The new funding will allow...

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ZeroQs Secures $496,000 to Expand Smart Shopping Cart Tech
ZeroQs Secures $496,000 to Expand Smart Shopping Cart Tech
January 30, 2024  |  Investments

Warsaw-based retail startup ZeroQs has reportedly secured 457,000 euros (about $496,000) in funding from Freya Capital. The firm will use the new funding to further develop its smart...

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