Understanding Cross-border Payments: A Complete Guide

Understanding Cross-border Payments: A Complete Guide

Key takeaways: Cross-border payments depend on key factors such as currency conversion, country-specific and international financial regulations, and available payment methods. Interoperability among banks and other financial institutions is the major challenge for cross-border payments. Fintech innovation in digital payments continues to improve the state of cross-border transactions. Cross-border payments make global trade possible in…

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China Investigates NVIDIA for Allegedly Breaking Monopoly Law

China Investigates NVIDIA for Allegedly Breaking Monopoly Law

The Chinese government is investigating US chipmaker NVIDIA for allegedly violating its anti-monopoly law by acquiring interconnect provider Mellanox. On Monday, the State Administration for Market Regulation made a statement via China Central Television announcing the investigation, but it does not discuss the specifics of NVIDIA’s suspected violations. The authority approved NVIDIA’s $6.9 billion acquisition…

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OpenAI’s Sora: Everything You Need to Know

OpenAI’s Sora: Everything You Need to Know

OpenAI released its video generator Sora to select tiers of ChatGPT users on Dec. 9 as part of the cascade of “shipmas” announcements. The organization first demonstrated Sora’s capabilities in February 2024. In the intervening months, they’ve built a faster version and explored how to release AI video generators responsibly. OpenAI’s emphasis on safety around…

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ChatGPT Cheat Sheet: A Complete Guide for 2025

ChatGPT Cheat Sheet: A Complete Guide for 2025

ChatGPT Fast Facts What is ChatGPT? A generative AI that can answer questions in natural-sounding language.Who developed ChatGPT? OpenAI, Inc.Pricing: ChatGPT is free. ChatGPT Plus costs $20/month. ChatGPT Teams, which is the business subscription for at least two people, costs $25/month. ChatGPT Pro, with unlimited access to OpenAI’s most powerful “reasoning” model, costs $200/month. The…

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Australia Unveils National AI Plan to Boost Investment and Capabilities

Australia Unveils National AI Plan to Boost Investment and Capabilities

Australia has announced plans to develop a national AI strategy to strengthen its AI capabilities and attract investment, aiming to unlock the economic productivity potential of these technologies. The strategy will focus on building AI skills, sovereign capabilities, and infrastructure, positioning Australia to seize the $600 billion boost to GDP that the government expects AI…

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