Search results for "asia"

April 18, 2024
Mastercard Brings Commercial Cards to Digital Wallets

Continuing the industry’s migration of business payments and expense management to digital platforms, Mastercard announced today (April 18) that it is bringing its commercial cards to mobile wallets. The move comes in...


April 18, 2024
Why Europe Must End Its 30-Year Digital Winter to Ensure...

In the last 30 years, Europe — defined here as the EU plus the U.K., Norway and Switzerland — has created few leading digital businesses compared to the U.S. and...


April 16, 2024
Money Transfer Firm Wise Reports 29% Growth in Active Users

Money transfer firm Wise saw its number of active customers grow 29% year over year during the fourth quarter of fiscal year 2024. That growth brought its total number of active customers...


April 16, 2024
Microsoft Invests $1.5 Billion in UAE AI Firm G42

Microsoft has invested $1.5 billion in Abu Dhabi-based artificial intelligence (AI) firm G42. The investment is the latest in a series of collaborations for the company and marks the latest example of...


April 15, 2024
OpenAI Names Former AWS President Tadao Nagasaki to Head Japan...

OpenAI has tapped the former president of Amazon Web Services’ Japan operations to lead its push into that country. Tadao Nagasaki’s appointment, announced Monday (April 15), comes as the artificial intelligence (AI) firm is opening an...


April 15, 2024
Lack of Working Capital Hinders Mid-Market Performance in APAC

The Asia-Pacific (APAC) region contributed roughly two-thirds of global growth last year. PYMNTS Intelligence recently studied Growth Corporates, or mid-market firms, in the APAC region to determine how they leveraged...


April 11, 2024
Sky-High Shift: Rising Air Cargo Demand Reshapes Supply Chain Dynamics

One if by land, two if by sea — headaches, that is. With the recent news that, after 22 years of partnership, UPS is replacing FedEx as the primary air...


April 10, 2024
OpenAI CEO Sam Altman Seeking Global Support for AI Infrastructure

OpenAI CEO Sam Altman is reportedly meeting with government and industry officials in several countries in an effort to support the building of infrastructure for artificial intelligence (AI). The talks encompass...


April 10, 2024
EU Watchdog: 90% of Crypto Trading Confined to 10 Exchanges

Ten cryptocurrency exchanges account for 90% of the market’s trading. And that concentration could be a problem, according to a report issued Wednesday (April 10) by the European Securities and Market Authority (ESMA)....