Morgan Stanley chief executive officer Ted Pick on Tuesday, October 29, during a speech at a panel of finance CEOs in Riyadh, Saudi Arabia, said that the days of easy money and zero interest rates are firmly in the past.
Jamie Dimon, chief executive officer of JPMorgan Chase, the largest bank in the United States, said last Monday, October 28, that his colleagues should fight against excessive regulation.
In the rapidly advancing realm of artificial intelligence, two groundbreaking AI companions have emerged as game-changers in the tech industry: Microsoft’s Copilot and Amazon’s Q. These cutting-edge AI-powered systems represent the pinnacle of innovation, each designed to revolutionize the way we interact with technology and streamline our daily tasks. While both aim to enhance productivity […]
Citi has launched an integrated digital bill discounting solution, which, as stated by this financial institution, will help customers monetize accounts receivable in less than an hour.
AI funding surges in 2024, as U.S. investors are seeking opportunities to invest in this rapidly growing but still emerging technology.
The IMF reports that global public debt is projected to exceed $100 trillion by the end of 2024, largely driven by rising fiscal deficits in the United States and China.
The fintech segment has one of the highest rates of startup failures, making it one of the high-growth but high-risk industries. Is it possible to improve the statistics if only a little bit? Here we are to analyse that.
Intel has announced its intention to expand its chip packaging and testing base in Chengdu, a city located in the southwestern part of China and the capital of Sichuan province.
The Hong Kong government has unveiled its first guidelines on the practice of responsible use of artificial intelligence and embraced blockchain, as local regulators seek to stay ahead of the pace of the technological revolution, which is likely to disrupt financial services.
The global economy is expected to perform in a “stable yet underwhelming” manner in 2024 and 2025, showing a steady growth rate of 3.2%, according to the IMF forecast.
In August 2024, the dollar accounted for almost half (49.1%) of payments handled by the global payment network SWIFT, with no other currency presenting solid competition to the dollar’s role in international payments.
Statistics say private cryptocurrencies and stablecoins were used for less than 0.2% of global e-commerce transaction value in 2022. At the same time, global cryptocurrency ownership rates have been steadily increasing for the past few years. Besides, the growing number of merchants are adding crypto to acceptable payment methods. Something just doesn’t add up. What […]
Getnet has launched a regional e-commerce solution that provides a single entry point (SEP) for payment transactions in countries such as Chile, Brazil, Mexico, and Argentina.
Osigu has announced the first closing of a Series B funding round in the amount of $25 million.
Perplexity AI chief executive officer Aravind Srinivas on Friday, October 25, said that this artificial intelligence search company serves more than 100 million queries weekly.
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