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Cuba Bans Small Business From Using US Bank Accounts
Cuba Bans Small Business From Using US Bank Accounts
July 26, 2024  |  SMBs

Cuba has reportedly banned its small businesses from using U.S. bank accounts, just weeks after the Biden administration allowed Cubans to use the banking system....

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Bank Regulatory Agencies Considering ‘Additional Steps’ to Govern Bank-FinTech Arrangements
Bank Regulatory Agencies Considering ‘Additional Steps’ to Govern Bank-FinTech Arrangements
July 26, 2024  |  Bank Regulation

Three federal bank regulatory agencies said Thursday (July 25) that they are considering “additional steps” to ensure banks effectively manage risks associated with bank-FinTech arrangements....

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Curbee Launches Platform to Help Car Dealerships Add Mobile Service
Curbee Launches Platform to Help Car Dealerships Add Mobile Service
July 26, 2024  |  Transportation

Curbee has launched its software-as-a-service (SaaS) mobile service technology platform for car dealers nationwide. This move follows a successful limited launch of the platform in...

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XAI Begins Training Chatbot on Content From X
XAI Begins Training Chatbot on Content From X
July 26, 2024  |  artificial intelligence

Elon Musk’s xAI has reportedly begun training its artificial intelligence (AI) chatbot, Grok, on users’ posts on X, the social media site also owned by...

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Reserve Bank of India Fines Visa for Unapproved Payment Authentication
Reserve Bank of India Fines Visa for Unapproved Payment Authentication
July 26, 2024  |  Regulation

The Reserve Bank of India (RBI) said Friday (July 26) that it fined Visa Worldwide Pte. Limited for its use of an unapproved payment authentication...

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Sage Enhances Payment Processing for SMBs With Stripe Integration
Sage Enhances Payment Processing for SMBs With Stripe Integration
July 26, 2024  |  SMBs

Sage and Stripe have partnered to help improve cashflow management and payment processing for small- to medium-sized businesses (SMBs). Stripe’s financial infrastructure platform for businesses will be...

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Apple Lowers iPhone Prices in India After Country Reduces Customs Duty
Apple Lowers iPhone Prices in India After Country Reduces Customs Duty
July 26, 2024  |  Apple

Apple has reportedly cut the prices of iPhones in India after the country reduced its basic customs duty on mobile phones. This is the first time...

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Apple Signs Biden Administration’s Commitment for AI Safety
Apple Signs Biden Administration’s Commitment for AI Safety
July 26, 2024  |  Apple

Apple has signed onto the Biden administration’s voluntary commitments regarding the safe development of artificial intelligence (AI), joining 15 other companies that have done so...

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Fractile Raises $15 Million to Develop New AI Chip
Fractile Raises $15 Million to Develop New AI Chip
July 26, 2024  |  Investments

U.K. startup Fractile has exited stealth and announced it raised $15 million in seed funding to develop a new artificial intelligence (AI) chip. The company...

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