Sam Altman’s Tools for Humanity has raised $115 million for Worldcoin, its effort to build an identity and financial network by giving away free crypto tokens to people who agree to get their irises scanned.
Finextra
AI regulation draws attention of G7 officials
G7 national officials will meet in Japan on the 30th May to discuss challenges posed by generative AI tools like ChatGPT.
US Congress members demand PayPal end ban on Palestinian businesses
Eleven members of US Congress have written a letter demanding that PayPal ends its ban of providing service to Palestinians.
EBAday 2023: Digital euro on unsteady ground
A final decision is yet to be made about the issuing of a digital euro by the European Central Bank (ECB). The earliest a CBDC could be released would be 2026, but as it becomes more of a reality more…
Exclusive: Nordic Capital scoops up payments veteran Mohit Agnihotri
Nordic Capital has announced the appointment of technology and payments veteran Mohit Agnihotri as a new partner for the European private equity firm that recently raised its EUR 9 billion Fund XI.
Klarna halves losses, expects a return to profit
Klarna is on track to return to profit before the end of 2023, as the company’s first quarter results show the fintech has halved its losses.
