Visa debuts a new product designed to protect consumers making bank transfers

Key Points

Visa said it plans to launch a dedicated service for account-to-account (A2A) payments, skipping the traditional — and often inflexible — direct debit process.
Visa said consumers will be able to monitor these payments more easily and raise any issues by clicking a button in their banking app.
The product will initially launch in the U.K. in early 2025, with subsequent releases in the Nordic region and elsewhere in Europe later in 2025.

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Finance

China’s self-driving truck leaders say AI breakthroughs won’t accelerate rollout — here’s why

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Key Points Rapid developments in AI by large language models don’t translate directly into autonomous driving. “The world’s best linguistics [expert] doesn’t mean he’s a good driver,” said Pony.ai CEO James Peng. Inceptio, a self-driving truck startup, is still sticking to its timeline for a mid-2028 commercialization milestone, CEO Julian Ma told CNBC. Source

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Apple execs to talk China and tariffs, but will avoid discussing foldable iPhone, per bettors on Kalshi

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In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Tim Cook and John Ternus at Apple Park. Courtesy: Apple On Apple’s first earnings call since the company announced its planned C-suite changes, bettors on Kalshi think the company may discuss its creator studio, streaming platform and a fellow megacap tech company’s artificial intelligence model. […]