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Baidu A.I. chip unit valued at $2 billion after funding and may become standalone business
Baidu has raised money for its artificial intelligence (AI) semiconductor business at a valuation of $2 billion, a person familiar with the matter ...
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CBN introduces new charges for USSD services with effect from March 16
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have announced the introduction of new charges for customers using the ...
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Bank of Japan Governor Stresses Need to Prepare for Digital Currency Launch
Haruhiko Kuroda, the Governor of the Bank of Japan (BOJ), has said the central bank must “prepare thoroughly” for the possible future need ...
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WTO DG Visits CBN Talks About Embracing Digital Economy, Exiting Recession
Dr Ngozi Okonjo-Iweala, the newly appointed Director-General of the World Trade Organization (WTO) paid a visit to the Central Bank of Nigeria (CBN) ...
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ABN Amro shares fall on concerns about size of possible money laundering fine
ABN Amro shares fell 4% in early trading in Amsterdam on Monday 15th, March 2021, following reports that the Dutch bank might face ...
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NatWest faces criminal case over money laundering
The financial watchdog has started criminal proceedings against NatWest over allegedly failing to comply with money laundering rules. The Financial Conduct Authority (FCA) ...
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Socure raises $100M at $1.3B valuation, proving identity verification is hotter than ever
One company working to serve that need, Socure, which uses AI and machine learning to verify identities announced that it has raised $100 ...
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CBN Extends Deadline on Appointment of InfraCorp Asset Managers
The Central Bank of Nigeria (CBN) has extended by two weeks, the deadline for Expression of Interest from qualified asset managers active in ...
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Novalnet introduces Apple Pay for international merchants
Payment service provider Novalnet has announced a partnership with Apple Pay enabling global retailers to offer customers the Apple payment method. With Apple ...
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Clubhouse promises its accelerator participants either brand deals or $5K per month during the program
Amid growing competition from Twitter Spaces and other newcomers, Popular social audio startup, Clubhouse is making a move aimed at seeding its network ...