Indian fintech start-up Slice is extending its account service by launching ‘Slice Account’, a unified payment interface (UPI) account on Monday, after three months of beta testing period in order to reach wider consumers interested in the use of UPIs. The payment process through UPI has been broadly used at almost every corner of the […]
California-based Nium received principal approval from the regulatory body Reserve Bank of India (RBI) for two payment licenses on Monday, to offer and improve a variety of financial products in the country, from prepaid cards to merchant payment-acquiring. The finance firm said it secured Prepaid Payment Instrument (PPI) and Payment Aggregator (PA) licenses from RBI […]
Indian Space Research Organization (ISRO) designed Vyommitra, a woman robot astronaut to fly into space before the Gaganyaan mission, a manned mission to low earth orbit (LEO), said Dr Jitendra Singh, Union Minister of State (Independent Charge) Atomic Energy and Space, on Sunday. The woman robot mission is scheduled for the third quarter of this […]
Fintech firm PayTabs Group collaborated with financial service provider Nearpay on Sunday, to integrate Nearpay’s innovative ‘Tap to Phone’ technology into the PayTabs Touch app. Saudi Arabia-based firm said this collaboration aims to improve user experience of PayTabs Touch, PayTabs’ proprietary SoftPOS application across the region, including integration with the MEPS FAST application in Jordan. […]
UPI Payments firm Paytm Chief Executive Vijay Sharma took to X, formerly known as Twitter, guaranteeing its users that the app will continue to work as usual beyond February 29, on Friday. Earlier this week, the Reserve Bank of India, under section 35A of the Banking Regulation Act, 1949, released an official notice stating Paytm […]
Chain management and sustainability supplier Makersite partnered with Hitachi Solution on Thursday, to create a sustainable society with data and technology. The company said the partnership is a step forward in Hitachi Solutions’ sustainability journey, utilizing Makersite’s cutting-edge technology and expertise to refine and move forward with their aim of achieving carbon neutrality. Makersite’s approach […]
Finance company Fingular launched its complete digital financial services in the Indian market under its subsidiary label TrustPaisa licensed by the Reserve Bank of India, on Thursday. The company said its target customer base for the Indian market is over 300 million people which encompasses individuals with irregular income, young professionals who have just started […]
1. Could you provide a brief overview of Chemical.AI and its solutions? Chemical.AI is an innovative company founded in 2018, but we started the journey with chemoinformatics in 2008. We were one of the earliest players in this field to integrate AI with chemistry. We utilize proprietary deep learning algorithms, ever-growing chemical big data and […]
Software developer Verimatrix, on Thursday, partnered with Amazon Web Services (AWS) to enhance scalability, availability, and user-friendliness for Verimatrix’s Streamkeeper Multi-DRM cloud-based over-the-top (OTT) content security platform. Streamkeeper Multi-DRM is a cloud-native digital rights management (DRM) designed to protect applications, content, revenue, and multi-tenant platform which control all aspects of digital assets protection. The platform […]
Clean technology developer Hazer Group started production of hydrogen and graphite at Commercial Demonstration Plant (CDP) on Wednesday, by introducing feed gas to the reactor at Hazer process conditions. The research service firm said it expects an increase in its operational capacity through the first half of 2024, while ensuring safe execution of performance testing […]
LNG terminals and downstream infrastructure company AG&P LNG sold a majority stake to low-carbon energy solutions designer Nebula Energy on Wednesday, for an investment of $300 million to fast-track LNG terminal development across emerging markets in South and Southeast Asia. Subsidiary of AG&P Group said it will operate as an independent subsidiary of Nebula Energy […]
Data centre solution provider Digital Realty said on Thursday, KakaoBank, mobile bank service provider in Korea, established an artificial intelligence lab at Digital Realty’s ICN10 data centre in Seoul. This investment will empower KakaoBank to accelerate its AI-powered service enhancements, develop personalized content, also fuel research and development for new financial services, the company said. […]
Westinghouse Electric Company and construction partner Bechtel signed a cooperation agreement with the Czech Power Industry Alliance on Wednesday, to leverage the Czech Republic’s highly skilled nuclear industry to deploy AP1000 reactors in the country. The memorandum of understanding (MOU) is to facilitate the participation of Czech companies in the deployment of up to four […]
Luxury car maker BMW Group partnered with 3D modeling and software developer Dassault Systèmes on Thursday, to develop BMW Group’s engineering platform featuring Dassault’s 3D Experience platform. The strategic partnership between the two companies is a confirmation of the fundamental role of the 3D Experience platform in enabling companies to deliver products faster, said the […]
International payments company PayPal’s Alex Chriss, chief executive of the company said to reduce the workforce by about 9% in a letter to the employees, which was then posted on the company’s website, on Wednesday. Amid the elongated pressures on managing costs, most companies have opted to take the measure of multiple rounds of layoffs, […]
