PBOC Chief Plans to Deepen Currency Ties With Asian Economies
People’s Bank of China Governor Pan Gongsheng said that the country will seek to intensify currency cooperation with other Asian economies to strengthen financial stability in the region.
News - page 140
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.
Western Union Connects Virtual Wallets to eSIM Mobile Service
The company eSIM Go has added Western Union digital wallets to its mobile data service.
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.
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.
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.
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.
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.
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.
Amazon Expands Same-Day Prescription Drug Delivery
Amazon.com Inc. is expanding its same-day prescription medication delivery offer.
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.
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.
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.
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 […]
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.
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.
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