All materials - page 52

Blockchain & Crypto

Hong Kong Approves More Cryptocurrency Exchanges

Hong Kong’s securities regulator on Wednesday, December 18, approved the activities of four cryptocurrency exchanges as part of the city’s latest attempt to maintain its competitiveness during a kind of race for the status of a global center for trading digital assets.

Finance & Economics

UniCredit Raises Stake in Commerzbank

Italian UniCredit SpA increased its holding in German Commerzbank AG to about 28%.

News

Fed Cuts Interest Rates by Quarter Point

On Wednesday, December 18, Federal Reserve officials made the third decision in the current year to cut their benchmark interest rate, but at the same time decreased the scale of expectations for continued monetary easing next year.

Science & Technology

Nvidia Presents New GenAI Tools

NVIDIA has introduced the Jetson Orin Nano Super Developer Kit along with NeMo Retriever suite of microservices  – tools designed to enhance generative AI (GenAI) capabilities.

Finance & Economics

UK Inflation Demonstrates Growth

In the United Kingdom, inflation showed an increase in November, reaching 2.6%.

Finance & Economics

FXGiants, a CFD Broker, Expands Trading Accounts to Include Zero-Commission, Zero-Spread Options

In a recent announcement, FXGiants, a known CFD broker in the field, has introduced a notable update for its clients. The company has launched new trading account options that come with zero commissions and zero spreads. This move aims to offer both new and experienced traders a cost-effective way to engage with the financial markets. […]

Science & Technology

AWS to Invest $10B in AI Infrastructure in Ohio

AWS plans to strengthen its commitment to Ohio with a $10 billion investment supporting the surging demand for cloud computing and AI.

Science & Technology

AI Startup Basis Raises $34 Million

The startup Basis, which operates in the space of the artificial intelligence industry, on Tuesday, December 17, announced that it managed to raise investments for $34 million as part of the Series A funding round.

News

China’s Integrated Circuit Output Slows

In China, integrated circuit (IC) output in November showed an increase of 8.7% year-on-year.

News

China Seeks to Dominate in AI

China is currently striving to become the dominant player in the global artificial intelligence industry, and according to media reports, citing insiders and experts, Beijing’s corresponding efforts may eventually prove successful, since AI models developed in the Asian country already demonstrate a high level of efficiency and have significant competitiveness.

Finance & Economics

US Economy Faces Threat of Negative Scenario Amid Donald Trump’s Tariffs

Jamie Dimon, chief executive officer of JPMorgan Chase, the largest financial institution in the structure of the United States banking sector, has repeatedly made some kind of warning statements over the past year that the US economy faces a high level of risk that a negative stagflation scenario will be implemented in its space, repeating […]

News

UPI Sees Growing Adoption in Rural India

Unified Payments Interface (UPI) is slowly but steadily emerging as the preferred method of financial transactions in rural and semi-urban India, according to a recent report.

Articles

Generative AI in Payments: Unlocking New Possibilities in Fintech

Generative AI is fundamentally transforming the landscape of the payments industry, offering unprecedented opportunities for businesses to expand their reach and capabilities. Through sophisticated algorithms and machine learning models, companies can now provide personalized financial services, streamline customer acquisition processes, and enhance their payment processing systems with intelligent automation features like smart invoicing and predictive […]

Articles

Wiki Finance Expo Hong Kong 2025 is Coming on March 27!

Regulation, Crypto, Web3.0, Forex, FinTech will Be in Focus. Taking place on Mar. 27th, 2025, Wiki Finance Expo Hong Kong 2025 is the largest and most influential Fintech and Web3.0 event in Asia in 2025. Wiki Finance Expo Hong Kong 2025 has promised to bring a wonderful and rewarding summit for the industry. Register to […]

Articles

Affordable Tech Solutions for Hassle-Free Device Access

Managing device access is no longer limited to traditional mouse and keyboard setups. Modern solutions empower businesses to deliver remote assistance, maintenance, training, and support. These tools integrate advanced features and work across platforms, enabling organisations to operate more efficiently while cutting costs.

Articles

Fintech Market Breakthroughs 2024: A Year in Review

2024 was a challenging year for many fintech companies but it also brought a lot of encouraging results for the industry. Today, we’ll talk about the most notable fintech innovations of this year that are ushering in new opportunities for customers and businesses alike.