Bank of Japan Raises Interest Rates
On Friday, January 24, the Bank of Japan decided to raise interest rates to the highest level since the global financial crisis of 2008.
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Inclusive FinTech Forum 2025
Event Details: 📅 Date: February 24–26, 2025 📍 Location: Kigali Convention Centre, Kigali, Rwanda 🏢 Organizers: Kigali International Financial Centre, GFTN, and the National Bank of Rwanda About the Forum: IFF focuses on empowering economic inclusion through accelerated technology adoption in emerging markets. It will bring together Heads of Government, policymakers, business leaders, entrepreneurs, investors, […]
JPMorgan, Goldman Sachs Refuse to Roll Back Diversity Programs Despite Anti-DEI Activist Pressure
Despite increasing pressure from anti-DEI activists fueled by recent political shifts, several financial institutions, including Goldman Sachs and JPMorgan Chase, have chosen to maintain or even strengthen their DEI programs.
US to Form National Digital Asset Stockpile
The new President administration intends to position the U.S. as a leader in the crypto sector, aiming to establish a strategic national digital asset stockpile, potentially comprising cryptocurrencies lawfully seized by the federal government.
PayPal to Pay $2M Fine for Cybersecurity Failures in New York State
PayPal will pay $2 million in settlements to New York State’s Department of Financial Services over weak cybersecurity measures that caused a sensitive customer data leak in 2022.
Citi Says Asian Tech Fundraising to Increase in 2025
Citi predicts an increase in momentum in Asian fundraising for technology companies in the current year.
SK Hynix Reports Earnings
South Korean company SK Hynix, one of the largest manufacturers of memory chips in the world, on Thursday, January 23, published information about its earnings for the fourth quarter of 2024.
Survey Shows American Firms in China Fearful of Washington-Beijing Trade Turmoil
More than half of American businesses in China are currently concerned that the condition of interaction between the world’s two largest economies is nowadays on a downward trajectory.
OpenAI Introduces Operator
OpenAI takes the functionality of its chatbot ChatGPT to a new level.
European CEOs Hope to Avoid US Trade War
Media reports claim that at the World Economic Forum, which is taking place this week in Davos, Switzerland, European business leaders made statements to some extent downplaying concerns about the likely impact and consequences of a potential transatlantic trade war.
CoinList and AngelList to Help Fund Crypto Startups
CoinList and AngelList jointly introduce Crypto Special Purpose Vehicles (SPVs) and Crypto Roll-Up Vehicles (RUVs) to streamline fundraising and investment management for crypto startups.
Revolut Automates Investments in Singapore With Robo-Advisor
Revolut is making automated investing more affordable and accessible with the launch of its robo-advisor product in Singapore for investments as low as $100.
Netflix Shares Hit Record
On Wednesday, January 22, the value of Netflix shares increased by 13%, reaching an all-time high after the streaming giant, betting heavily on sports, was able to add 18.9 million subscribers in the holiday quarter, reinforcing the already significant advantages of the brand over other industry players.
Adoption of AI in Cybersecurity Increases
Recently, there has been a tendency in the world to steadily increase the number of ways to commit financial crimes, including through fraudulent approaches to corresponding illegal activities, in the digital environment and this process demonstrates a significant degree of intensity and almost daily scaling, against which it is logical that the issue of cybersecurity […]
Ally Sells Credit Card Business to CardWorks
Ally Financial has sold its credit card business to Cardworks, a company that specializes in consumer finance.
Capital One’s Card Purchase Volumes Demonstrate Growth
Last Tuesday, January 21, Capital One published information on the results of its activities for the fourth quarter of 2024.
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