News - page 136

Finance & Economics

Janet Yellen Says About Impact of China’s Industry Ramp-Up on World Economy

US Treasury Secretary Janet Yellen intends to put pressure on the Chinese authorities during her upcoming visit to this country since Beijing’s ramp-up of industrial capacity is a factor distorting the global economic system.

Fintech & Ecommerce

Western Union Connects Virtual Wallets to eSIM Mobile Service

The company eSIM Go has added Western Union digital wallets to its mobile data service.

Fintech & Ecommerce

Visa Rolls Out Risk Management Solutions for Non-Visa Transactions

On Wednesday, March 27, the payment industry giant Visa announced plans to implement artificial intelligence tools in three new apps as part of its fraud and risk management technology platform to protect merchants, issuers, and consumers.

Finance & Economics

Majority of Young U.S. Employed Adults Consider Small Business Formation: article from JustWorks

A recent survey described in detail in the small business Formation article from Justworks has found that 6 in 10 employed adults (59%) are interested in starting their own business or becoming an entrepreneur. However, to achieve these goals, they need to overcome their biggest barriers: not enough money (39%) or knowledge (29%) to start. 

Fintech & Ecommerce

Mastercard Partners WorldPay to Address Payment Fraud Issue

Chargebacks arising from payment fraud are surging and merchants are increasingly having troubles in dealing with transaction disputes – that’s where Mastercard and WorldPay step in.

Science & Technology

Apple Reportedly to Unveil AI Strategy in June

Apple Inc. plans to present its strategy in the area of artificial intelligence at the annual Worldwide Developers Conference, which will begin on June 10.

Finance & Economics

Expert Says About India’s Mistake in Economy

The former governor of the central bank of India, Raghuram Rajan, says that this South Asian country is making a mistake by giving excessive importance to expectations of economic growth since there are significant structural problems, the elimination of which is a prerequisite for realizing potential.

Finance & Economics

Mastercard and Visa Agree to $30 Billion Settlement

Visa and Mastercard, two of the world’s largest credit card networks, and banks that issue cards with these companies, have agreed to settle an antitrust case lasting almost 20 years initiated by merchants.

Fintech & Ecommerce

Amazon Expands Same-Day Prescription Drug Delivery

Amazon.com Inc. is expanding its same-day prescription medication delivery offer.

Blockchain & Crypto

SWIFT to Launch New Central Bank Digital Currency Platform

The SWIFT global banking messaging network has intentions of creating a new platform to connect multiple central bank digital currencies (CBDC) to the existing financial system.

Finance & Economics

Federal Reserve Governor Lisa Cook Says About Importance of Cautious to Policy Easing

The governor of the Federal Reserve System, Lisa Cook, said that the central bank of the United States needs to take a cautious approach when deciding on monetary policy easing.

Science & Technology

Apple Plans to Launch Vision Pro in China

Apple plans to launch sales of the Vision Pro headset in the Chinese market in the current year.

Finance & Economics

Experts Say About Significant Economic Potential of China’s Tech Sector

Experts Chang Shu and Eric Zhu suggest that in China, the local advanced technologies sector will become a platform for stimulating the growth of demand for goods and services, and by 2026 it may compete with the sphere of real estate in terms of the scale of impact on the state of the country’s economic […]

Science & Technology

EU Starts Probe Into Meta, Apple and Alphabet

The European Union on Monday, March 25, announced the launch of an investigation into such technology giants as Apple, Alphabet, and Meta.

Finance & Economics

UK Retail Sales Demonstrate Positive Dynamic

In the United Kingdom, retail sales in the first two months of the current year turned out to be higher than preliminary expectations.

Science & Technology

World Fund to Offer €300M to European Climate Tech Founders

German-based climate VC World Fund has raised a €300M fund to make substantial investments into European tech startups, developing technologies that can potentially decarbonise entire industries.