News

Volvo And Aurora Announce Their First Self-Driving Truck

The new autonomous goods vehicle was revealed at the ACT Expo in Las Vegas.

Published

1 year ago

May 21, 2024

Nour Nasir

volvo and aurora announce their first self-driving truck

Volvo / Aurora

Vehicle maker Volvo and self-driving specialist Aurora have revealed their first production truck with full autonomous capabilities, after first announcing a partnership three years ago. The companies showed off the product of their collaboration, known as the Volvo VNL Autonomous truck, at the ACT Expo in Las Vegas.

The truck, which will be manufactured by Volvo, uses Aurora’s self-driving platform, known as Aurora Driver. The system uses multiple high-resolution cameras, LiDAR sensors and imaging radars, and can detect objects up to 400 meters away.

Aurora’s platform has already been driven billions of miles in training simulations, and around 1.5 million miles on real public highways. As well as a wide range of imaging and sensing technologies, the truck will also feature redundant steering, braking, communication, computation, power management, energy storage and vehicle motion management systems, ensuring it can operate safely alongside other road users.

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When the first 20 Aurora autonomous trucks make their debut in North America next month, they will still be overseen by human drivers until testing is complete. Aurora intends to deploy trucks between Dallas and Houston in the near future, but it’s unclear whether the fleet will consist of Volvo machinery or vehicles from another partner.

Volvo announced at the Las Vegas event that it has already begun manufacturing a test fleet of the VNL Autonomous trucks at its New River Valley factory in Virginia. Nils Jaeger, President of Volvo Autonomous Solutions, explained that the truck was the “first of [the company’s] standardized global autonomous technology platform,” and added that it would enable Volvo “to introduce additional models in the future”.

News

Stake Powers Instant Payouts With Checkout.com Pay To Card

The new feature lets investors in the UAE, KSA, and UK receive real estate returns in minutes — cutting withdrawal times to under 10 minutes.

Published

2 days ago

June 19, 2025

Nour Nasir

stake powers instant payouts with checkout.com pay to card

Stake, a leading digital real estate investment platform, has unveiled Pay to Card, a next-generation withdrawal feature built on Checkout.com’s global payment infrastructure. The integration enables investors to have dividends and returns credited directly to their bank cards — often within minutes — dramatically reducing the traditional multi-day payout process.

After a successful pilot in May involving over 200 users, some investors reported receiving their funds in under 10 minutes. Ricardo Brizido, CPTO and Co-Founder of Stake, emphasized the importance of speed and reliability: “With Pay to Card, we’re eliminating unnecessary delays and putting returns in our investors’ hands almost instantly. This feature was built to directly solve one of the most common pain points in real estate investing, and it’s already driving strong results”.

The feature launch coincides with rapid growth in real-time finance across the Middle East. Checkout.com’s “State of Digital Commerce in MENA 2025” report highlights a 388% year-on-year surge in Account Funding Transactions (AFTs) in the UAE, reflecting strong demand for immediate payout solutions. The same study recorded a 176% increase in total processing volume from 2023 to 2024 and noted that daily online transactions have jumped 320% since 2020.

Since its 2021 debut, Stake has facilitated over AED 1 billion in property transactions, advancing its mission to democratize real estate investment in high-growth markets. By integrating Pay to Card, Stake reinforces its commitment to customer-centric innovation and operational transparency.

Also Read: Binance Enters Syrian Market As Sanctions Lifted

Remo Giovanni Abbondandolo, General Manager for MENA at Checkout.com, praised the collaboration: “Stake has always led with customer-first financial experiences. Together, we’re meeting the expectations of a region that is no longer just digital-first, but real-time-first. Pay to Card exemplifies how modern payment infrastructure can directly solve investor pain points”.

Pay to Card is now available to all Stake users in the United Arab Emirates, the Kingdom of Saudi Arabia, and the United Kingdom. By slashing withdrawal times from days to minutes, Stake and Checkout.com are setting a new standard for seamless, on-demand real estate investing.