Author: bibhuti

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! This week, we dig into spend management companies’ AI aspirations, and one U.K. fintech’s recent growth. AI ambitions At one time, there was a running joke that every company would become a fintech. But now one has to wonder, will every fintech become an AI company? This week, we reported on Ramp’s new integration with Copilot, Microsoft’s brand of generative AI technologies. The spend management…

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Banco Santander, a shareholder in Lynx, also participated in the funding. Leo Casusol, Managing Director at Forgepoint, will join the Board of Directors at Lynx. In the context of rapidly growing digital fraud, which is expected to cause over USD$343 billion in cumulative merchant losses between 2023 and 2027, Lynx’s solutions are increasingly relevant. The financial sector is facing significant expenditures in financial crime compliance, with global spending exceeding $206 billion and money laundering estimated to cost the UK economy over £100 billion annually. Founded 20 years ago by Dr Carlos Santa Cruz, a computer scientist and AI expert, Lynx…

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The managing directors of Fine & Country Chelmsford, Ed Casson and Simon Pelling, have taken step to increase local market share by taking on the licence for Brentwood, South Essex. Pelling commented: “Ed and I decided to operate Fine & Country South Essex (Brentwood) and Mid Essex (Chelmsford) as one operation with our team spread across both locations. “The area, like much of the UK, is in a period of market adjustment. We see this as an excellent opportunity for the brand. In a good market a seller could go to a pretty poor agent, and they will take some…

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OpenAI’s board of directors ousted founder Sam Altman on Nov. 17, shocking the technology world, while appointing Mira Murati as its interim CEO. Since then, the board has been facing strong criticism from the startup major clients and investors. According to a Bloomberg report, efforts to reinstate Altman as CEO have already involved Microsoft, OpenAI’s biggest shareholder.Meanwhile, Murati is the interim CEO. She has been on OpenAI since 2018. At the time, the company operated as a nonprofit research center but soon transformed into the business behind the global chatbot ChatGPT. Mira Murati, the 34-year-old interim CEO of OpenAI. Source: OpenAIPrior…

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A Falcon 9 launches Europe’s Euclid space telescope on July 1, 2023. Image credit: ESA webcast. In addition to this week’s Launch Roundup, we thought we would look at how China’s leading launch provider is facing competition while SpaceX has consolidated its hold on the US market. Chinese launchers Chinese launches through July 27, 2023. Image credit: Parabolic Arc. Launches: 31-0 (through July 27)Launch Providers: 7 The government-owned China Aerospace Science and Technology Corporation (CASC) has long dominated the Chinese launch market with its Long March family of boosters. In recent years, however, the government has opened the door for…

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While there was no fanfare for the event this year, The Argus was exclusively invited to watch it happen – through project manager Paul Compton’s trusty tablet. The Christmas enthusiast hit the big green button shortly before 4pm on Friday to the delight of unsuspecting shoppers in the city centre. Paul holding the light switch (Image: Andrew Gardner / The Argus) Paul said: “It’s always an honour to be lighting up Brighton. It’s my favourite city that we dress and it’s exciting to see the lights up. “To hear people’s reaction to the lights is exactly why we do the job.”…

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Gillingham head coach Stephen Clemence is searching for his first League 2 win in charge as his side host Salford at Priestfield this afternoon.We’re also watching a relegation six-pointer at Stonebridge Road where the two newly-promoted sides from National League South – Ebbsfleet and Oxford City – go head-to-head in the National League.And there’s a derby in the FA Trophy as Dartford entertain Maidstone at Princes Park.Follow all the action as it happens in our live blog below (please allow up to 10 seconds to initially load): Source link

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Location : The A1M northbound between junctions J37 and J38 . Reason : Vehicle fire. Status : Currently Active. Time To Clear : The event is expected to clear between 21:15 and 21:30 on 19 November 2023. Return To Normal : Normal traffic conditions are expected between 21:15 and 21:30 on 19 November 2023. Lanes Closed : There are lane closures. Source link

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Image Credit: Matt Baron/BEI/Shutterstock Rosalynn Carter, the beloved wife of former President Jimmy Carter, has passed away, according to the Carter Center. Carter, 96, had suffered from dementia at the end of her life and had entered hospice care on Friday. She died Sunday at her home in Plains, GA and had her family by her side. The former first lady remained one of the most influential women in the field of mental health discussions during her lifetime and had made a tremendous impact. She was also loved deeply by those closest to her. “Rosalynn was my equal partner in…

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