AI Enhances Emotional Recognition in Customer Interactions
AI improves emotional recognition in business-customer interactions. Advanced AI tools analyze emotions via facial expressions and vocal tones. Privacy concerns…
Visa Launches Platform to Facilitate Bank-Issued Fiat-Backed Tokens
Visa introduces VTAP to aid banks in issuing fiat-backed tokens. BBVA tests VTAP, plans Ethereum blockchain pilot next year. VTAP…
Microsoft Invests €4.3B to Boost AI and Cloud Infrastructure in Italy
Microsoft invests €4.3 billion in Italy’s AI and cloud infrastructure. The initiative aims to provide digital skills to over one…
Kurma Partners Secures €140M for Biofund IV
Kurma Partners raises €140M for Biofund IV, targeting €250M by 2025. Key investors include Eurazeo, Bpifrance, and pharmaceutical investor CSL.…
Swift Enables Banks to Test Tokenized Transactions
Swift initiates tokenized transaction tests for banks next year. 134 countries are exploring central bank digital currencies development. Tokenized deposits…
Solar Farms Show Minor Positive Impact on Midwest Property Values
Recent study shows solar farms may increase Midwest property values modestly. Loyola University analyzed property impacts of 70 Midwest solar…
Netherlands Fintech Sector Secures Increased Funding in 2024
Netherlands fintech secured €212M in H1 2024, up from 2023. European fintech investment declined, but Dutch funding rose. Investments focus…
Mastercard Plans to Acquire Minna Technologies
Mastercard plans to acquire Minna Technologies pending regulatory approval. The acquisition aims to enhance subscription management for global consumers. Minna…
OpenAI Secures Additional Funding for AI Initiatives
OpenAI raises $6.6 billion, valuing it at $157 billion. Funding to enhance AI research and computing resources. Projected 2025 revenue…
Real-Time Payments Gain Traction Globally
Real-time payments are increasingly popular worldwide, reshaping banking operations. U.S. banks close the adoption gap with innovations like the RTP®…
