The European Investment Bank has agreed to provide Polish e-commerce platform Allegro with a PLN 1 billion loan to support research, development, and AI …
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Bank
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Crypto
Bank of Korea Calls for ‘Circuit Breaker’ in Local Crypto Market, Citing Bithumb Incident
by Editorby EditorThe Bank of Korea said in a Monday report that the local cryptocurrency market needs a circuit breaker similar to those used …
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Artificial IntelligenceGlobal Developments
Eurasian Development Bank Fund Expands Digital Cooperation with Uzbekistan
by Editorby EditorA delegation from the Fund for Digital Initiatives (FDI) of the Eurasian Development Bank (EDB) visited Uzbekistan to enhance cooperation in digital transformation and …
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The State Administration of Taxation and the National Financial Regulatory Administration of China have called on banks to integrate blockchain and privacy computing into lending systems, …
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Artificial Intelligence
The Fed and US Treasury Gathered Major Bank CEOs to Discuss AI Risk
by Editorby EditorFederal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent met with the chief executives of major US banks on Friday (10 …
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Artificial Intelligence
SoftBank Unit Plans Debut Euro Bond as Group Makes Big AI Push
by Editorby EditorSoftBank, a unit of Japanese conglomerate SoftBank Group, is preparing to sell its first euro-denominated bond as founder Masayoshi Son makes a …
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Chinese banks are shifting more lending toward technology and innovation firms as Beijing pushes to expand AI across the economy and support …
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Some of the largest US banks are considering suing their financial regulator, arguing that a new raft of licenses for crypto, payment …
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Artificial Intelligence
Europe’s First AI Agent Payment, Santander and Mastercard Pilot
by Editorby EditorSantander and Mastercard say they have completed Europe’s first live end-to-end AI agent payment. The payment was executed by an AI agent, …