Ant’s Falcon TST 2.0 hits six banks, claims 60% FX savings
August 20, 2026

Ant’s Falcon TST 2.0 hits six banks, claims 60% FX savings

Ant International rolled out its Falcon Time-Series Transformer Model 2.0 on Thursday. Six major banks are working with Ant on the new forecasting tool. The company said the forecasts can cut foreign-exchange hedging and allocation costs by over 60%.

Latest

Erste Bank Pitches Spark7 LED Card for Youth, Focuses on Contactless Tech

Erste Bank Pitches Spark7 LED Card for Youth, Focuses on Contactless Tech

Erste Bank and Sparkassen, both under Erste Group Bank, started offering a limited-edition spark7 debit card this week. The card features an LED that lights up for contactless payments. The group calls it the first illuminated debit card in Austria.
Samsung Raises Advanced Chip Prices Up to 15% as AI Demand Fills Capacity

Samsung Raises Advanced Chip Prices Up to 15% as AI Demand Fills Capacity

SEOUL, August 20, 2026, 09:08 KST — Samsung Electronics has raised prices for some advanced contract-chip orders by up to 15%. AI demand has filled key production lines and restored pricing power to a foundry business that has lost money since 2022.
Waymo Lets San Francisco Users Book Ojai Robotaxis With Gemini Assistant Inside

Waymo Lets San Francisco Users Book Ojai Robotaxis With Gemini Assistant Inside

SAN FRANCISCO, August 19, 2026, 14:12 PDT — Alphabet's Waymo opened up its Ojai robotaxi for any rider in San Francisco on Wednesday. The new model gives passengers more space and a Gemini AI assistant for in-car controls and questions.
Apple Rolls Out 5% Commission for EU Apps Sold Outside App Store, Drops Per-Install Tech Fee

Apple Rolls Out 5% Commission for EU Apps Sold Outside App Store, Drops Per-Install Tech Fee

STOCKHOLM, August 19, 2026, 02:11 CEST — Apple is dropping its EU per-install tech fee and moving to a 5% commission on digital sales from apps distributed outside the App Store. The changes take effect October 1 and will apply to all EU developers with one set of terms.