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...Plaid’s investors include Silver Lake Partners and Ribbit Capital, as well as the asset management arms of JPMorgan Chase, Goldman Sachs and American Express....
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...The EPP now backs not just processing asylum seekers outside the EU but settling them there too. “You have to lower the numbers of arrivals,” said Manfred Weber, party president....
...Today, our tech expert explains why app developers think the EU’s first ever fine of Apple won’t be nearly enough....
...Chief among them: the airline’s long-standing credit card deal with American Express....
...Even neighbouring Germany is trying to cut numbers and considering outsourcing the processing of claims overseas, as Denmark has — unsuccessfully — tried....
...Instead, what the chief executive offered — alongside even worse than expected first-quarter profits and the company’s first cash outflow since the start of the pandemic — was a classic Muskian fudge....
...SK Hynix is also developing an HBM4 chip that is expected to double processing speeds....
...Processing AI on handsets also plays to the company’s strengths in privacy and security, making it easier to tap into user data to personalise its new services....
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...The latest share sale means Stripe staff can access liquidity despite the company’s delay in pursuing an IPO that was first discussed years ago....
...Analysts had once deemed it unlikely to ever become commercially viable when it was first launched in 2013....
...However, Biz2Credit’s strong fraud detection methods have drawn inquiries from regulators concerned that it took longer than the 14 days it advertised for PPP loan processing....
...The high computing demands of AI have increased the focus on NPUs, or neural processing units, the parts of a chip which handle AI — one area in which Qualcomm’s new chip is winning accolades....
...The first three sources are not the exclusive realm of knowledge industries such as tech or pharma....
...After becoming part of the Richemont Group in 1993, Montblanc presented its first watches in 1997 and grew the category by acquiring the Swiss factory Minerva in 2006....
...In European countries experiencing recessions, demand for express services fell....
...A version of this article was first published by Nikkei Asia on January 31. ©2024 Nikkei Inc. All rights reserved....
...A TikTok spokesperson said: “We are pleased the judge rejected this unconstitutional law and hundreds of thousands of Montanans can continue to express themselves, earn a living, and find community on TikTok...
...So why don’t we start with the first one?”...
...Because you can run things on a CPU [central processing unit], you can run things on a GPU [graphics processing unit], but the GPU and the CPU on your phone are busy doing other stuff....
...First is the processing fee charged by the acquirer for supplying merchants with the sales terminal and undertaking the payment. Next are network fees. These go to the likes of Visa and Mastercard....
...Find out about our latest stories first — follow @financialtimesfashion on Instagram...
...But Square no longer has first-mover advantage. Payment processing has become a commodity....
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