All materials - page 168

News

Zimbabwe Unveils Gold-Backed CBDC

Zimbabwe has presented a digital currency that is backed by gold.

Finance & Economics

JPMorgan to Pay Frank Founder’s Legal Fees

J.P. Morgan Chase will pay the legal costs of the disgraced founder of the fintech company with whom it is suing.

Fintech & Ecommerce

Ecobank Kenya Rolls Out Fingo Africa Financial App for Local Youth

The Fingo Africa app aims to enhance financial inclusion for young people both in Kenya and across the wider African landscape Part of the pan-African banking Group, Ecobank Kenya, launched the Fingo Africa app to enable African youth open bank accounts with their mobile phones. Ecobank has developed the touth-focused app in close collaboration with a […]

Fintech & Ecommerce

Jack Ma-Backed Ant Weighs Introduces Investor in HK Bank Unit

The media, citing informed sources, report that Ant Group Co. is currently exploring the possibility of selling a stake in its virtual banking division in Hong Kong.

Fintech & Ecommerce

Revolut CEO Blames Banking Troubles for UK License Delay

The CEO of Revolut said that the recent turmoil in the banking industry caused the suspension of the banking license of this company in the UK.

News

HSBC Foils Plan by Major Investor to Break Up Bank

HSBC managed to stop the attempt of the largest shareholder of this financial institution to divide the bank during the annual general meeting, which rarely takes place in an atmosphere of goodwill and absolute peacefulness.

Fintech & Ecommerce

EPI CEO Says Europe Ready for One Digital Wallet

Martina Weimert, CEO of the European Payments Initiative (EPI), stated the need for a pan-European solution to further enhance the development of real-time payments.

News

Fast Food Billionaires Launch Philippine Online Investment Platform

After a year of development, the Philippine online investment platform DragonFi was launched, offering users a customizable stock trading experience, advanced charts and “lowest possible fees”

Science & Technology

Apple CEO Urges Caution As AI Stays in Spotlight

The Seeking Alpha report testified that artificial intelligence technologies continue to attract the attention of Wall Street, and Apple’s chief executive officer and the head of the Federal Trade Commission expressed concern about the active introduction of AI.

Science & Technology

Google Turns to AI Chat For Search Engine Revamp

Google is using artificial intelligence to massively modernize its Internet search system.

News

Swedish Open Banking Startup Kreditz Raises €10 Million

Swedish open banking startup Kreditz has announced that it has managed to attract investment funds for 10 million euros.

News

TD Bank Blames Regulatory Uncertainty for Failed First Horizon Acquisition

Canadian TD Bank canceled the planned purchase of the American financial institution First Horizon.

Fintech & Ecommerce

Starbucks Testing Palm Payments

The coffee giant Starbucks has started testing Amazon’s biometric payments solution, enabling customers to get their cup of coffee by scanning their palm

News

Kenya Proposes Crypto Transfer Tax

The Kenyan national budget, which will be presented on June 8, proposes a 3% tax on the transfer of digital crypto assets

Fintech & Ecommerce

Shopify Cuts 20% of Staff

Shopify announced its intention to lay off more than 2 thousand employees as part of efforts aimed at intensifying activities in the field of e-commerce.

Finance & Economics

British Banks Warn of Big Increase in Online Scams

British banks report that at the end of last year, there was a significant increase in fraud, most of which is observed in the online space.