Category: Doing Business Overseas

Google focused on three areas of AI in the first quarter: developing large language models, empowering developers with Google tools and enabling organizations to benefit from AI advancements. The tech giant specifically invested in its AI advances for its cloud customers as Google Cloud revenue soared year over year, Chief Executive Sundar Pichai said Tuesday…

Santander Bank tapped earned wage access fintech DailyPay to offer its commercial banking clients an on-demand payment method. Earned wage access (EWA) is a benefit that Santander commercial clients can offer their employees, specifically in the state of today’s economy and inflation, Rob Nardelli, director of commercial banking and business development at DailyPay, told Bank…

Microsoft’s cloud commercial business drove earnings during its fiscal third quarter with the news that OpenAI’s technology is being deployed across Microsoft’s Azure products.  WHY IT MATTERS: The $380 billion company posted a 22% year-over-year increase in cloud revenues to $28.5 billion as Microsoft invested in the use of generative AI within its cloud offerings,…

Ever since Elon Musk purchased Twitter last October for $44 million, he has been hinting of spinning the social media giant into what he is calling “X, the everything app.” In fintech, “everything apps” are known as super apps, and they exist primarily in Asia. One of the latest developments in transitioning Twitter into a…

A look at the companies demoing at FinovateSpring in San Francisco on May 23 and 24. Register today and save your spot. Savana unifies and orchestrates banks’ processes between the core, back-office, and digital channels to enable frictionless interactions between banks and their customers. Features Provides one experience for servicing customers across bank-assisted channels and…

Super.com raised $85 million in a Series C funding round led by Inovia Capital. Super.com did not disclose its current valuation but said that it has “increased significantly” since 2021. Super.com rebranded from Snapcommerce in October of last year. Super.com is bringing in an $85 million investment today in a Series C fundraising round that…

Payments consulting startup Yeeld has teamed up with Stripe. Two former Stripe employees – Emily Tsitrian and Mira Boora – founded Yeeld in the fall of 2022. Earlier this month, Yeeld announced a partnership with Merit Software Holdings. Payments consulting company Yeeld has announced a partnership with Stripe. What makes the partnership interesting is that…

This is a sponsored blog post by Tim FitzGerald, EMEA financial services manager, InterSystems In today’s fast-paced landscape, where disruption is common and market volatility takes place with monotonous regularity, access to accurate and current data is necessary to ensure businesses can respond to changes effectively in the moment to remain competitive. Being able to…

Tech provider Fiserv started prepping select clients for the July launch of the Federal Reserve’s real-time payment network, FedNow, in the first quarter. “With the launch of FedNow, we’ll help [clients] participate in the new wave of real-time payments optimized on our NOW network that connects bank to each other, to all payment rails and…