Federal Reserve Bank of New York Reports Record Americans’ Credit Card Debt
The indicator of the debt of residents of the United States on credit cards has reached a historical level of more than $1 trillion.
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Chinese Export Declines Most in Last Three Years
By the end of July, China recorded a sharper reduction in import and export indicators compared to initial expectations.
Sony Expects Smartphone Market Recovery to 2024
Sony Group, the largest supplier of camera sensors for smartphones, has changed its forecasts regarding the expected timing of the recovery of consumer demand in the market of mobile phones.
NVIDIA Introduces Superchip to Boost AI Capacity
NVIDIA has presented a new chip that can increase the level of performance and speed, for use in generative artificial intelligence and other application scenarios involving computing.
Amazon to Debut Prime Big Deal Days Event in Fall
After the impressive results of Prime Day, Amazon decided to continue the sales events.
Сhipmaker TSMC Сommittes $3.8 Billion to Factory in Germany
Taiwanese chip manufacturer TSMC on Tuesday, August 8, announced the provision of financing in the amount of $3.8 billion for the construction of a plant in Germany.
Coinbase to Open Its L2 Blockchain to Public
Being already used for bridging, the Base mainnet is to open for everyone and all use cases on August 9
Airtel Africa and Mastercard Launch New Remittance Transfer Service
The new service can potentially benefit 100 million mobile phone users across the continent
Upstart Shows Record AI Automation in Unsecured Loans
Fully automated unsecured loans enabled by Upstart AI technology provide instant and automated approval with no waiting, no documents to upload and no phone calls
Japanese Fintech Soramitsu to Develop Asian Cross-Border Payments System Using CBDCs and Stablecoins
Cambodia’s central bank digital currency (CBDC), Bakong, will become the foundation for an expanding international payment system for Asian countries
Moody’s Revises Credit Ratings of Six Major US Banks
The international rating agency Moody’s has reviewed the credit ratings of six major US banks, including Bank of New York Mellon, State Street, and Northern Trust, for possible downgrades.
Resilience to Expand Cyber-Risk Platform
Resilience has announced the completion of a $100 million Series D equity financing round.
Auction House Phillips to Roll Out eCommerce Platform
The media reported that the Phillips auction house, which is known for selling paintings by aspiring artists, begins the history of its presence in the area of e-commerce.
KeyBank Improves Cashback Service
KeyBank has added new ways to get favorable rates, access to deposits, and cash refunds.
13th Africa Bank 4.0 Summit – West Africa
13th Africa Bank 4.0 Summit — West Africa 10th – 12th October 2023 EKO Hotel & Suites, Lagos, Nigeria #africanbanksummit Event Link: https://www.biiafricabanksummit.com Event Registration: https://www.biiafricabanksummit.com/register/ Download Event Agenda: https://www.biiafricabanksummit.com/download-agenda/ After the success of 12 successful editions, the 13th Africa Bank 4.0 Summit – West Africa, will be focused on “Scaling Digitally Upwards for a […]
Palantir Improves Profit Forecast
Palantir Technologies has changed its forecast of adjusted earnings in 2023 to improve.
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