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420 This Week in Fintech: TFT Bi-Weekly News Roundup 24/12

The Fintech Times
The Fintech Times @ The Fintech Times 2 place · 12/24/2024 07:30 EDT

This Week in Fintech: TFT Bi-Weekly News Roundup 24/12

The Fintech Times Bi-Weekly News #Roundup on Thursday 24 December brings you the latest industry news from around the globe.

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Silicon Valley
George Avalos @ Silicon Valley 1 place · 02/07/2106 01:28 EDT

Newark apartment complex bought for much less than prior value

An East Bay apartment complex has been bought at a price that's well below its prior value. Read more

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Silicon Valley
George Avalos @ Silicon Valley 2 place · 02/07/2106 01:28 EDT

PG&E buys San Jose building to bolster South Bay operations

A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more

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CoinDesk
Omkar Godbole @ CoinDesk 1 place · today 22:03 EDT

Mythos AI threat prompts Bessent, Powell to convene bank CEOs for urgent talks

Mythos can rapidly spot software flaws and craft sophisticated exploits, raising fears of systemic risks in the banking system. Read more

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The Fintech Times
The Fintech Times @ The Fintech Times 1 place · today 22:00 EDT

Abound and NEAR AI Partner to Launch ‘Financial Autopilot’ for Non-Resident Indians

Abound partners with NEAR AI to build an AI Financial Autopilot for NRIs, automating and managing cross-border finances. Read more

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TechRadar
TechRadar 1 place · today 21:57 EDT

The iPhone Air was our most polarising phone of 2025, but this 28% discount makes it an easy recommendation

TechRadar’s international team of experts were split on the thin and light iPhone Air, but we can all agree it’s the better buy when it’s cheaper than the 256GB iPhone 17. Read more

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Inc42 Media
Ankush Das @ Inc42 Media 1 place · today 21:30 EDT

AI Is India’s Hottest Bet, But Why Are Investors Holding Back?

From a futuristic idea to crafting narratives now, AI has come a long way in a very short span of… Read more

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The Information
Anissa Gardizy @ The Information 1 place · today 21:07 EDT

Anthropic Considers Designing its Own Chip

Anthropic is exploring potentially designing its own chips, according to a report in Reuters, though the effort remains in its early stages. Developing in-house silicon would take significantly longer than striking additional cloud deals to ease its near-term compute constraints. Still, ... Read more

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Skift
Kanchi Jain @ Skift 1 place · today 21:04 EDT

Amit Saberwal on Growing Hotels in a Shifting Market

As travelers trade up on experience and down on accommodation spend, value has become the new battleground. RedDoorz is betting that consistency, not scale alone, builds lasting trust. Read more

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GSMArena.com
GSMArena.com 1 place · today 21:03 EDT

Motorola Razr 70 renders leak too

Today has been filled with Motorola leaks - the Motorola Edge 70 Pro and Razr 70 Ultra both got portrayed in official-looking renders, and now it's time for the 'vanilla' Razr 70 to get the same treatment. The Razr 70 will be offered in four colors, allegedly, but we only have three to look at today: Pantone Sporting Green, Pantone Hematite, and Pantone Violet Ice. Motorola Razr 70 in Pantone... Read more

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TechRadar
TechRadar 2 place · today 21:00 EDT

The Pitt season 2 finale will have at least 'one real surprise' in store for fans, confirms star — as Dr. Robby's shift takes a turn for the worse

The countdown to The Pitt season 2 finale has officially begun, with one star teasing at least 'one real surprise' in store when it lands on HBO Max. Read more

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Tech Wire Asia
Dashveenjit Kaur @ Tech Wire Asia 1 place · today 21:00 EDT

The MATCH Act would cut off China’s last chipmaking lifeline–Asia is already feeling it

The MATCH Act would extend US semiconductor export controls to block China from buying and servicing DUV lithography tools that it cannot make itself South Korean and Taiwanese chipmakers with China fabs are directly exposed, as Beijing accelerates a push for 80% chip self-sufficiency by 2030 Washington has been tightening semiconductor export controls on China ... Read more

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The Information
Erin Woo @ The Information 2 place · today 20:48 EDT

Google Will Use Intel Chips in Data Centers

Google has committed to use future generations of Intel’s central processing unit chips for multiple years in its data centers, the companies announced on Thursday. The announcement is a win for Intel, which received a $9 billion investment from the U.S. last fall after its shares dropped more ... Read more

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Skift
Peden Doma Bhutia @ Skift 2 place · today 20:31 EDT

Hyatt Eyes an India-First Brand — Exclusive

Hyatt isn’t just aiming to grow its brand presence in India, it wants to build a brand rooted in the country’s own identity. Now, will this come from building something from scratch, or buying into something that already exists? Read more

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Wired
Maxwell Zeff @ Wired 1 place · today 20:19 EDT

OpenAI Backs Bill That Would Limit Liability for AI-Enabled Mass Deaths or Financial Disasters

The ChatGPT-maker testified in favor of an Illinois bill that would limit when AI labs can be held liable—even in cases where their products cause “critical harm.” Read more

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SlashGear
SlashGear 1 place · today 20:15 EDT

What Company Developed The A-10 Warthog, And How Many Are Still Flying?

This legendary close air support plane has been flying for 50 years. Find out which company built it and how many are left in the sky. Read more

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The Information
Cory Weinberg @ The Information 3 place · today 20:13 EDT

SpaceX Posted Nearly $5 Billion Loss Last Year from AI Spending

SpaceX lost just under $5 billion last year while generating more than $18.5 billion in revenue, two people familiar with the figures said. The loss figure includes xAI, the Elon Musk-founded artificial intelligence company that SpaceX acquired in February. The net loss, as well as other financial figures that consolidate SpaceX and xAI’s performance, haven’t been previously reported. Read more

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The Information
Martin Peers @ The Information · today 20:00 EDT

OpenAI, Forecasts and Guesses

Here’s a suggestion for OpenAI’s management: Stop issuing long-range revenue forecasts to investors. While we at The Information love getting our hands on these, as they make for good stories, it’s doubtful they’re doing OpenAI much good. How can anyone take seriously forecasts for revenue reaching as far out as 2030? (OpenAI projects total revenue will reach $284 billion by then, compared with $13 billion last year.) Analyst Jim Chanos... Read more

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The Information
Katie Roof @ The Information · today 19:51 EDT

This year’s HumanX—the second AI conference from the team that puts on Money 20/20 and Shoptalk—had a different vibe than the inaugural event did. The fact that it was held at Moscone Center in San Francisco instead of a posh hotel in Las Vegas was a big part of it.While the location made it easier to attract high-profile speakers, it also meant that many attendees appeared to stop by between... Read more

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The Fintech Times @ The Fintech Times · 04/02/2026 22:00 EDT

BHIM App Introduces Biometric Authentication for UPI Payments up to ₹5,000

NPCI BHIM Services Limited adds biometric auth to BHIM, enabling UPI payments up to ₹5,000 via fingerprint or face ID, reducing PIN friction and boosting security. Read more

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The Fintech Times
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The Fintech Times @ The Fintech Times · 04/03/2026 03:00 EDT

Sumsub and ComplyAdvantage Partner to Supercharge AI-Driven AML Screening

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The Fintech Times
The Fintech Times @ The Fintech Times · 04/03/2026 09:00 EDT

Murex and Quant Partner to Embed Digital Assets into Core Capital Markets Infrastructure

Murex and Quant integrate tokenized deposits and digital bond settlement into MX.3, letting banks use digital assets without replacing core infrastructure. Read more

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The Fintech Times
The Fintech Times @ The Fintech Times 3 place · 04/03/2026 22:00 EDT

Generali Hong Kong Automates Health Claims with CoverGo’s AI Agent

CoverGo deploys an IDP AI agent for Generali Hong Kong, automating claims by turning documents into real-time data to cut delays and manual work. Read more

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The Fintech Times
The Fintech Times @ The Fintech Times 2 place · 04/04/2026 01:00 EDT

XBTO Secures $217M to Scale Institutional Digital Asset Infrastructure

XBTO secures $217M in commitments, including a stake from ValueLabs, to scale regulated infrastructure amid rising institutional crypto demand. Read more

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The Fintech Times
Richie Santosdiaz @ The Fintech Times 2 place · 04/04/2026 03:00 EDT

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The Fintech Times @ The Fintech Times · 04/06/2026 02:00 EDT

Middle East Leapfrogs to Open Finance to Drive Financial Inclusion

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