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AWS claims 90% vector cost savings with S3 Vectors GA, calls it 'complementary' - analysts split on what it means for vector databases
Vector databases emerged as a must-have technology foundation at the beginning of the modern gen AI era. What has changed over the last year, however, is that vectors, the numerical representations o...

Big Tech Broadens AI Footprint from Local PC Agents to Super Factories
A new wave of announcements from big technology companies shows how quickly the artificial intelligence (AI) landscape is shifting. This week’s updates reflect a broader push to increase existing fo...

Big Banks Push Stablecoins Into a New Cross-Border Fight
Cross-border payments are easier said than done. Particularly for multinational businesses or mid-size firms looking to expand overseas. The reality is that cash routed across borders stil...

Indiegogo is launching ‘Express Crowdfunding’ so creators can ship things sooner
Indiegogo is planning to launch a new “Express Crowdfunding” campaign format that lets creators ship things w...

Capitol Hill Examines Rulemaking as Nonbanks Gain Ground
A Capitol Hill hearing Tuesday (Dec. 2nd) on prudential oversight made clear one problem looms over bank regulation: rulebooks designed for a different era. Lawmakers from the House Financi...

Black Friday Retains Lead Over Cyber Monday Amid Record-High Weekend Sales
A record number of consumers shopped during the five days from Thanksgiving Day through Cyber Monday, with Black Friday remaining the most popular day, according to the National Retail Federation. ...

Tonkean Acquires Cinch to Expand Procurement and Finance Offerings
Tonkean has acquired Cinch to grow its procurement and finance offerings as well as its presence in Europe, the Middle East and Africa. The transaction brings together Tonkean’s process a...

Our Founders Would Abhor What The USPTO Is Doing With The Patent System
Last week I wrote about how the US Patent and Trademark Office is pushing a rule change that would effectively neuter the inter partes review (IPR) system that reviews already granted patents to make ...

Propel Holdings Gets OK to Launch Banking Services
FinTech Propel Holdings received regulatory permission to launch its own bank. The approval came from the Office of the Commissioner of Financial Institutions (OCFI) of Puerto Rico and allo...

XRP News: Ripple Technology Expands Global Stablecoin Transfers
The post XRP News: Ripple Technology Expands Global Stablecoin Transfers appeared first on Coinpedia Fintech News RedotPay, a fintech company that specializes in stablecoin-based payments, has integr...