Mastercard and PayPal to partner on Mastercard One Credential to supercharge choice at checkout

June 4, 2025 – Purchase, NY – Companies to co-develop new features using Mastercard One Credential, giving consumers multiple ways to pay What we are saying · Mastercard and PayPal are teaming up to offer shoppers more choice and control over how they check out. · Mastercard has innovated One Credential so that consumers can use a single credential that delivers multiple ways to pay and tailor … Continue reading Mastercard and PayPal to partner on Mastercard One Credential to supercharge choice at checkout

Impact Newswire10/06/202510/06/2025

Europe

Visa brings Smarter Pay by Bank with Built-In Consumer Protections to the UK Market

Press Release – London, 2 June 2025: Visa, a global leader in digital payments, is today announcing that its new pay by bank solution is ready for market in the UK. Built on Visa’s decades of payments expertise, Visa A2A gives consumers greater choice, control and protection over how they pay via bank transfers. It is designed to make pay by bank transactions — including … Continue reading Visa brings Smarter Pay by Bank with Built-In Consumer Protections to the UK Market

Impact Newswire09/06/202509/06/2025

United States

Grammarly Announces $1 Billion Growth Financing With General Catalyst

Press Release – SAN FRANCISCO – May 29, 2025 – Grammarly, the trusted AI assistant for communication and productivity, today announced the closing of $1 billion in financing from General Catalyst. This underscores General Catalyst’s longtime commitment to Grammarly, which has evolved into an AI productivity platform for apps and agents following the acquisition of Coda in January 2025. Grammarly will use the go-to-market investment from General … Continue reading Grammarly Announces $1 Billion Growth Financing With General Catalyst

Impact Newswire30/05/202530/05/2025

Africa

African Development Bank 2025 Annual Meetings: “Making Africa’s Capital Work Better for Africa’s Development.”

The African Development Bank Group’s 2025 Annual Meetings open next week amidst shifting winds of global trade. Forty-seven of Africa’s fifty-four countries have been affected by new U.S. trade measures, with 22 facing tariffs of up to 50 percent on a wide range of exports. In the context of evolving U.S. foreign assistance priorities and reduced USAID funding, African nations are navigating a changing landscape … Continue reading African Development Bank 2025 Annual Meetings: “Making Africa’s Capital Work Better for Africa’s Development.”

Impact Newswire26/05/202526/05/2025

Middle East, United States

Global Tech Alliance Launches Stargate UAE

News Release – 22 May 2025 – In a historic step forward for artificial intelligence and international collaboration, G42, OpenAI, Oracle, NVIDIA, SoftBank Group and Cisco today announced their partnership to build Stargate UAE. Stargate UAE is a next-generation AI infrastructure cluster that will run in the newly established 5-gigawatt UAE–U.S. AI Campus in Abu Dhabi. Stargate UAE, a 1-gigawatt compute cluster, will be built … Continue reading Global Tech Alliance Launches Stargate UAE

Impact Newswire22/05/202522/05/2025

Middle East

CICC Expands Its Global Footprint with Official Launch of DIFC Branch

“We are delighted to welcome CICC to DIFC, bolstering the strategic relations between the UAE and China. Dubai and DIFC remain a top destination for Chinese investments, further accentuated by a surge in interest from banks, wealth and asset management firms, large corporations, and insurance sector market players. It underscores our commitment to offer a vast, well-developed ecosystem to help Chinese businesses expand and scale … Continue reading CICC Expands Its Global Footprint with Official Launch of DIFC Branch

Impact Newswire16/05/202516/05/2025

Europe

ECB partners with private sector through digital euro innovation platform

Press Release – 5 May 2025 – The European Central Bank (ECB) has established an innovation platform to collaborate with European stakeholders in the context of the digital euro project. Almost 70 market participants – including merchants, fintech companies, start-ups, banks and other payment service providers – have signed up to work with the ECB to explore digital euro payment functionalities and use cases. Following a call for … Continue reading ECB partners with private sector through digital euro innovation platform

Impact Newswire08/05/202508/05/2025

Asia

GCA Launches Bangladesh’s First National Compendium on Nature-Based Solutions for Urban Resilience

Dhaka, Bangladesh, 30 April 2025 – The Global Center on Adaptation (GCA), in collaboration with IUCN Bangladesh, today launched the country’s first Nature-Based Solutions (NbS) Compendium for Urban Resilience at a high-level event in Dhaka. The Compendium developed with support from the UK Government highlights 20 scalable, context-specific NbS interventions designed to guide policymakers, urban planners, and financial institutions in embedding nature-based approaches into infrastructure development and … Continue reading GCA Launches Bangladesh’s First National Compendium on Nature-Based Solutions for Urban Resilience

Impact Newswire04/05/202504/05/2025

Africa

How US-China Trade Tariff Wars Are Affecting the Development of AI in Africa

In Nairobi’s Westlands tech hub, an AI engineer squints at his computer screen, awaiting a shipment of GPUs ordered four months ago from Shenzhen, China. With each passing week, the container’s journey across trade bottlenecks feels less like a logistical hiccup and more like a casualty of geopolitical conflict. Around him, the hum of ambition is increasingly muffled by something Africa didn’t start—but must now … Continue reading How US-China Trade Tariff Wars Are Affecting the Development of AI in Africa