UK Government Abandons Sunak’s NFT Plan
The UK government has decided not to implement the plan of the country’s Prime Minister Rishi Sunak, which provides for the Royal Mint to commit to creating an interchangeable token.
Finance & Economics - page 66
UAE Rolls Out Digital Dirham Project
The Central Bank of UAE is ready to start with its Central Bank Digital Currency (CBDC) implementation. The Digital Dirham project will employ G42 Cloud and enterprise blockchain firm R3
More Wall Street Giants Back Versana Syndicated Loan Platform
Deutsche Bank, Morgan Stanley, US Bank, and Wells Fargo have become the latest representatives of the financial services industry to support the Versana syndicated lending platform.
5 Applications of Blockchain In Business
There’s a large section of people who relate the term blockchain to cryptocurrency, particularly bitcoin. But blockchain is neither bitcoin nor a type of cryptocurrency. It’s the underlying technology used in creating them. And that is not only its only use, it is a technology with the potential to revolutionize how people do business. So […]
Huawei Launches Non Stop Banking Initiative
Chinese tech company Huawei unveiled its Non Stop Banking initiative to help banks increase revenue and customer base, save operational costs and enhance financial inclusion
The Importance of Accounting for Any Business (Big or Small)
Accounting is the comprehensive and systematic record of an organization’s financial transactions and dealings. There are several types of accounting, such as forensic accounting, management accounting, and others, including accounting for small businesses and large-scale corporations. Regardless of the scale and strength of an establishment, they all need accounting books to have a detailed breakdown […]
YouTube Winds Up Social Commerce App Simsim
The media giant YouTube shuts down its live social commerce app Simsim, targeting Indian SMEs and retailers, to focus on building a ‘seamless shopping experience for viewers’
World Bank Says Nations Must Adopt Policies to Boost Growth
The World Bank said that countries need to take measures to prevent the expected global downturn in economic growth.
Big Banks Invest in Generative AI Startup Hazy
The National Building Society, Wells Fargo, and Intesa Sanpaolo became participants in the Series A financing round, during which investment funds were raised for the development of the British developer of synthetic data Hazy.
Barclays Bank to Trim More Branches
Barclays Bank continues to actively implement a policy of abandoning the use of traditional branches.
Vemanti Partners With Finastra to Build Neobank for Asian SMEs
Vemanti Group has partnered with Finastra to build an SME-focused neobank in Southeast Asia
CBA and Telstra Trial Scam Indicator
Commonwealth Bank of Australia is exploring a Scam Indicator solution able to protect its joint with Telstra clients from phone scams and mitigate customer losses of up to $15-20 million
Exploring the Advantages of Working With a Real Estate Mortgage Broker
Navigating the process of buying a home can be daunting, especially if you’re unfamiliar with the complexities involved. It’s important to choose the right professionals to ensure you are making the best decisions throughout your home-buying journey. Working with a real estate mortgage broker is one way to ensure you are getting the most out […]
How to Plan Your Budget as You Look to Expand Your Restaurant Business Into a Franchise Operation
Are you considering expanding your restaurant business into a franchise operation? Understanding how to plan your budget is essential before taking the leap. Franchising is an excellent way to grow a profitable business in leaps and bounds, but it can be intimidating to venture into such a large, unwieldy financial undertaking. Many restaurateurs find that […]
Accenture to Cut 19,000 Employees
Accenture announced its intention to lay off 19 thousand of employees.
First Citizens Bank to Acquire Failed Silicon Valley Bank
First Citizens Bank will become the new owner of the failed Silicon Valley Bank.
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