Apac/page/3 news and trends

Microsoft Won’t Follow OpenAI in Blocking China’s Access to AI Models
artificial intelligence // July 08, 2024

OpenAI’s upcoming ban on application programming interface (API) access to its artificial intelligence (AI) models in China doesn’t apply to Microsoft Azure’s customers in the country. Azure operates in China via a joint venture and has made it clear in public statements that the AI models...

Japan Ditched Floppy Disks, but Can Businesses Ditch Paper Checks?
B2B Payments // July 08, 2024

Technological innovation moves fast, but sometimes businesses can move slowly. Or even not at all. Take for example the news from Reuters that the Japanese government officially, and finally, decided last month to cease the use of floppy disks for things like business and regulatory...

Microsoft Mandates iPhones-Only Rule for Workers in China
International // July 08, 2024

Microsoft is requiring staff in China to use iPhones for work starting in September. The measure essentially bans Android-powered devices for these workers and is part of Microsoft’s Secure Future Initiative, designed to make sure all employees use the Microsoft Authenticator password manager and Identity...

UN: China Leads World’s GenAI Patent Race
Artificial Intelligence // July 03, 2024

New United Nations data showed China with a comfortable lead in the race to develop artificial intelligence products. Between 2014 and last year, more than 38,000 generative AI inventions came out of China, six times the amount of those coming from the second-place United States,...

Interviews & Exclusives
APAC Middle-Market Leaders Embrace External Financing for Growth

May 14, 2024
We are in the midst of a working capital revolution — one that is increasingly driven by innovation and made more necessary by the macroeconomic backdrop, particularly for those middle-market firms generating annual revenues between $50 million and $1 billion. As more firms seek out and put external capital to work, they are finding that today’s working capital solutions are providing […]

Payment Diversification Creates Winning Formula for Merchants

May 08, 2024
There’s no place like home, particularly when it comes to preferred payment mechanisms. That’s why businesses looking to expand internationally need to ensure that their strategic approach includes diversification of payment methods and the...

Lack of Working Capital Hinders Mid-Market Performance in APAC

April 15, 2024
The Asia-Pacific (APAC) region contributed roughly two-thirds of global growth last year. PYMNTS Intelligence recently studied Growth Corporates, or mid-market firms, in the APAC region to determine how they leveraged...

Optimism in Fleet and Mobility Sector Fuels Use of Working Capital

March 12, 2024
All companies in growth mode need access to capital, whether to fund short-term operational needs, mitigate unexpected expenses or execute plans for growth. One key demographic of these firms are...

Quick Reads
China’s Economic Growth Shows Surprise Slowdown

July 15, 2024
Economic growth in China reportedly fell to its slowest pace in five quarters. The surprise slowdown came as a decline in consumer spending hamstrung an increase in exports, Bloomberg reported Monday (July 15). Gross domestic product grew 4.7% year over year in the second quarter, lower than all but one of 28 estimates in a […]

Microsoft Won’t Follow OpenAI in Blocking China’s Access to AI Models

July 08, 2024
OpenAI’s upcoming ban on application programming interface (API) access to its artificial intelligence (AI) models in China doesn’t apply to Microsoft Azure’s customers in the country. Azure operates in China via...

Microsoft Mandates iPhones-Only Rule for Workers in China

July 08, 2024
Microsoft is requiring staff in China to use iPhones for work starting in September. The measure essentially bans Android-powered devices for these workers and is part of Microsoft’s Secure Future...

UN: China Leads World’s GenAI Patent Race

July 03, 2024
New United Nations data showed China with a comfortable lead in the race to develop artificial intelligence products. Between 2014 and last year, more than 38,000 generative AI inventions came...