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On Tuesday, Ukrainian President Volodymyr Zelenskyy said that Ukraine has accepted a 30-day ceasefire with Russia after critical peace talks with the United States in Saudi Arabia. Washington has, in turn, lifted its pause on military aid and intelligence sharing with Kyiv. After eight hours of negotiations in the port city of Jeddah, the terms of peace were jointly signed and will be presented to Russia, US Secretary of State Marco Rubio, who represented Washington in Saudi Arabia, said. The ball is now in Moscow’s court, said Rubio. Here is what we know about the deal that was struck –…

UK PayTech platform Blink Payment, which specialises in digital payment solutions, has announced its integration with ParaCode to enhance the payment processes for insurance brokers.The move will see the integration of modern digital payment capabilities into ParaCode’s customer platform.This collaboration seeks to address inefficiencies in traditional insurance payment methods, which often rely on manual processes such as phone payments.These outdated methods contribute to late payments, with over one in ten payments to insurance brokers being delayed.The integration of Blink Payment into ParaCode’s platform will enable the use of open banking and card payment links, helping insurance firms process transactions more…

U.S. officials have not determined who was behind an apparent cyberattack on the social media site X that limited access to the platform for thousands of users, according to a Trump administration official familiar with the ongoing investigation into the matter. Monday’s outage was described as a cyberattack by the official, who was not authorized to comment publicly on the matter and spoke Tuesday on the condition of anonymity. The official added that the Republican administration takes all cyberattacks against American companies seriously but underscored that the U.S. government had not gleaned any specific intelligence about who might have been…

The prospect of deep cuts to Medicaid, the United States government programme to provide healthcare to low-income people, has become a flashpoint in Congress as leaders of both parties accuse their counterparts of lying. Hakeem Jeffries, the Democratic Party leader in the House of Representatives, said on February 27 that a Republican budget measure would “set in motion the largest cut to Medicaid in American history” and Republicans are hiding the consequences. “The Republicans are lying to the American people about Medicaid,” Jeffries said. “I can’t say it any other way. Republicans are lying. Prove me wrong.” Republicans said Democrats were…

Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and managing general agents (MGAs), has announced a strategic partnership with InsCipher to streamline tax compliance, enhance operational efficiency, and empower insurers to navigate the complexities of the regulatory landscape.By integrating their solutions, Insurity and InsCipher will enable insurance entities to simplify surplus lines tax management and improve reporting accuracy, according to InsurTech Insights.Through this partnership, Insurity’s policy administration solutions will seamlessly connect with InsCipher’s automated tax processing software, facilitating the effortless transfer of Excess & Surplus (E&S) policy data between the platforms.This integration will help insurers automate surplus lines…

NEW YORK (AP) — Rehearsing “Swan Lake” a few weeks ago in a sweaty studio, trying to iron out some last-minute kinks, ballerina Unity Phelan stopped just before launching into the famed 32 fouettés — those crowd-pleasing whiplash turns on one leg performed by Odile, the devious Black Swan.“No fouettés today — save them for tonight,” directed Phelan’s coach at New York City Ballet, Kathleen Tracey. Dancer and coach agreed: preserving Phelan’s precious leg muscles took priority over rehearsing the fiendishly difficult move.Phelan was a few hours away from performing the dual role of Odette and Odile for the second…

Axyon AI, a provider of Predictive AI-powered solutions for investment management, has announced a strategic partnership with ALLINDEX, a FinTech company specialising in AI-driven index creation and thematic securities baskets.The collaboration aims to enhance thematic investment strategies by integrating Axyon AI’s predictive AI capabilities with ALLINDEX’s thematic research tools.This partnership will enable investors to utilise AI-driven insights to customise and optimise investment portfolios with greater efficiency and precision.Axyon AI specialises in Predictive AI solutions designed to support institutional investors in developing advanced data-driven strategies.The company has been a pioneer in AI-powered predictive analytics, providing investment managers with AI-generated signals and…

Mesh Payments, a leading travel and expense (T&E) management platform for modern enterprises, has announced a strategic partnership with ALTOUR to provide enterprises with an integrated, technology-driven solution that simplifies corporate travel and expense processes for businesses of all sizes.The partnership is designed to enhance operational efficiency, cost control, and the traveller experience by combining ALTOUR’s industry-leading travel management services with Mesh’s unified global travel and expense reconciliation platform, according to FF News.This integration allows enterprises to streamline their T&E operations while maintaining flexibility in travel booking and spend management.Mesh Payments specialises in providing businesses with a comprehensive T&E management…

Salesforce plans to invest $1 billion in Singapore over the next five years as it seeks to fuel the adoption of its AI agent development platform, Agentforce. Salesforce claimed that Agentforce can help alleviate Singapore’s ongoing labor issues and augment the country’s workforce and enterprises by creating “digital workforces” that combine humans with autonomous AI agents. The initiative follows a recent $500 million commitment in Saudi Arabia and another $500 million investment in Argentina by the cloud software giant to expand its AI and cloud services, including Agentforce. The company has been investing in Singapore for nearly two decades, and…

Klarna, the AI-powered global payments network and shopping assistant, has partnered with Blackhawk Network (BHN), a leading global branded payments provider, to expand its Gift Card Store into Germany, Italy, and The Netherlands.This expansion builds on the platform’s successful launches in the US in 2023 and the UK in July 2024, according to FF News.The partnership aims to enhance consumer choice by providing access to a broad selection of national and global brand gift cards.Customers will be able to purchase these cards via Klarna’s Buy Now, Pay Later (BNPL) products or through its instant debit option, Pay in Full.Klarna, known…