Goldman Sachs Reports Intensive Credit Card Losses Climbing
Currently, in the United States, credit card companies are recording an increase in losses, demonstrating the greatest degree of intensity since the Great Recession.
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Apple AI Chief Pays Attention to New Private Browser Search at Google Trial
John Giannandrea, a former Google executive who moved to Apple to lead the company’s artificial intelligence business, announced an inconspicuous change in the latest iPhone software update.
How to Diversify Your Crypto Portfolio and Manage Risk
In the crypto market, the allure of high returns often comes hand-in-hand with significant risks. As more investors flock to the digital asset market, the importance of a well-structured and risk-managed crypto portfolio cannot be overstated.
Why Gardening is Good for Your Health and Mental Well-being
Gardens are special spaces that have been around for as long as humans have been growing food. Over time, they have become more than just a space to grow plants, becoming a place for people to relax, focus and to connect with nature and each other.
Meta Reportedly Plans to Entice Younger Users With Help of AI
The media reported that Meta considers artificial intelligence as a kind of means and tool, the integration of which into the ecosystem of the technology giant and its active use in this virtual space can contribute to gaining a young consumer audience.
India Reportedly Eases Restrictions on Laptop and Tablet Imports
The Indian leadership has decided to ease the planned restrictive measures against the import of laptops, tablets, and other IT equipment.
North Korean hackers stole $41M in crypto from Stake.com
An infamous North Korean state-sponsored hacker group, Lazarus, made off with about $41 million worth of cryptocurrencies. The Lazarus Group successfully pilfered the cash from Stake.com, an online betting company known for its reliance on crypto payment methods.
E-Yuan App Adds New Feature for Foreigners
The new mobile top-up feature enables foreigners in China to use their overseas SIM cards to open an e-yuan wallet and recharge it with their bank cards or cash before making a payment.
Mercedes Pay+ Introduces In-Car Biometric Payments
The partnership between Mercedes and Mastercard enables embedded in-car payments via fingerprint sensor
Italy Revisits Bank Tax After Industry Rebuke
A controversial 40% tax on the banks’ income derived from higher interest rates was revised in Italy, now favouring banks that hold a higher proportion of government bonds
AI in Retail: Follow the Amazon Lead
Artificial intelligence (AI) is transforming numerous business routines. From data analytics to interaction with customers, global retail leaders apply AI solutions that improve their operational efficiency and user experience. Why shy away from the nascent technology? Take a look at creative AI applications in retail illustrated by the industry giant Amazon.
Coinbase Registers With the Bank of Spain
The registration as a cryptocurrency exchange and custodian wallet provider will allow Coinbase to offer a full suite of products and services to retail and institutional users in Spain
Fujitsu to Test Use of Generative AI for Banks
The Japanese technology giant Fujitsu will conduct testing, during which the possibilities of using generative artificial intelligence technology in the banking sector will be explored.
Mobile Money Increases Financial Inclusion in Tanzania: Report
A consumer survey on Tanzanian financial needs and preferences revealed that formal financial inclusion in the country has increased considerably over the past six years
NatWest Faces ATM Glitch
The British bank NatWest announced the elimination of an IT problem with its ATMs, due to which thousands of customers of this financial institution decided that funds had disappeared from their accounts.
The Pros and Cons of Working with Proprietary Trading Firms
In finance, there are multiple career opportunities for individuals seeking to make a living by trading stocks, currencies, and other financial instruments. One such option is working alongside trading firms. These companies utilize their capital to trade instruments to generate profits. While collaborating with a trading firm can provide benefits, there are also some drawbacks. […]
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