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The market for artificial intelligence chips was valued at $8.02 billion in 2020, and it is anticipated that it would rise to $194.9 billion by 2030, with a CAGR of 37.4% between 2021 and 2030. The major market players who...

Modern technologies are always with us. We often reap the rewards of their accomplishments without even realising it. The digital transition is ongoing and constantly advancing. Processes are getting better as a result of the ongoing introduction of new...

Temenos, the banking software company, announced the launch of its Buy-Now-Pay-Later banking service. This offering will open up new revenue opportunities for banks and fintechs, help them reach new markets and cement their relationships with both consumers and merchants...

Visa has announced the use of USD Coin (USDC), a stablecoin backed by the US dollar, to settle its transactions over Ethereum, an open-source blockchain. The company is pilot testing the new capability with its partner Crypto.com and intends to...

The partnership will see Mastercard Lab’s cloud R&D activities powered by Azure and cutting edge artificial intelligence (AI). It forms part of Mastercard’s ongoing mission to mitigate the risk and increase the commercial viability of emerging tech for use...

Temenos has introduced new Explainable AI (XAI) models to enable banks and credit unions to issue loans to small and medium enterprises (SMEs) whose cash flows have been disrupted due to COVID-19 (coronavirus) pandemic. The Swiss-based banking software developer said...

HSBC UK has launched the Coronavirus Business Interruption Loan Scheme (CBILS), which can be availed by existing customers with a group turnover of up to £45m HSBC UK said that it has extended financial support for businesses dealing with the...