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AUMOVIO selected Amazon Web Services (AWS) as its preferred cloud provider to help the company accelerate the development of autonomous vehicles.
The integration of agentic and generative artificial intelligence capabilities into AUMOVIO’s autonomous development and validation workflows will speed up manufacturers’ development, testing and preparation of autonomous vehicles for real-...
Ripple’s GTreasury acquired Solvexia, a provider of no-code financial automation, data management and analytics solutions.
The deal is designed to expand GTreasury’s platform to automate reconciliation and regulatory reporting across treasury, finance and compliance operations, according to a Tuesday (Jan. 6) news release.
“Today’s acquisition of Solvexia removes the boundaries between...
Morgan Stanley is reportedly entering the cryptocurrency exchange-traded fund (ETF) space.
The Wall Street bank has submitted paperwork for a Bitcoin Trust and a Solana Trust, each of which would hold the individual cryptocurrencies, Bloomberg news reported Tuesday (Jan. 6), citing a regulatory filing.
The report notes that Morgan Stanley is joining several other traditional Wall...
Connection to the Federal Reserve has always meant more than mere plumbing.
It is the difference between operating at the edge of the financial system and being wired into its core, where money settles, risk is absorbed, and confidence is enforced.
For decades, that connection has been almost exclusively the domain of banks.
Master accounts at the Federal Reserve allow depository...
Citi and global working capital technology platform CredAble partnered to launch a platform that digitizes trade finance and electronic invoice validation globally.
With this partnership, Citi enhanced its digital trade loan journey by adding a new verification layer powered by CredAble’s white-labelled solution, the companies said in a Tuesday (Jan. 6) press release emailed to PYMNTS...
How money moves determines the shape of most B2B relationships.
Traditionally, suppliers have had to deal with the short end of the stick in the buyer-supplier dynamic, with larger buyers often using their power to dictate payment terms that can ultimately strain supplier cash flows.
To even the balance, value-added services like faster onboarding, richer supplier data and smoother...
A federal judge reportedly rejected Amazon’s attempt to dismiss a price gouging lawsuit.
U.S. District Judge Robert Lasnik ruled Monday (Jan. 5) that the eCommerce giant’s claims in seeking the dismissal were “unpersuasive,” Reuters reported Monday. Amazon had argued that consumer protection laws in Washington state—where the company is based—are vague when it comes to pricing issues....
PayPal announced in a press release Tuesday (Jan 6) the launch of its Transaction Graph Insights...
Banking startup Kontigo says it will reimburse more than 1,000 customers following a hack.
That hack affected $340,905 worth of these customers’ stablecoins, the company said in an X post flagged by Bloomberg News Monday (Jan. 5).
“We detected unauthorized access that affected funds of some users,” the company said. “Your funds are protected and any affected amounts will be reimbursed...
Nvidia is reportedly speeding up plans to bring its technology to automobiles.
According to a report Monday (Jan. 5) from Bloomberg News, the tech giant has introduced a platform called Alpamayo that lets cars “reason” in the real world, as CEO Jensen Huang said during a presentation at the CES trade show in Las Vegas.
The company says potential users can retrain the Alpamayo model...