News - page 17

Fintech & Ecommerce

Centenary Bank Introduces WhatsApp Banking in Uganda

Centenary Bank, which serves over 2.4 million customers in Uganda, has launched the CenteWhatsApp banking platform that offers customers instant access to various banking services via WhatsApp.

Fintech & Ecommerce

Western Union’s Branded Digital Transactions Rise

The results of Western Union’s operations in the fourth quarter of 2023 indicate an increase in the popularity of using digital channels in the sphere of financial services.

Finance & Economics

Harm from Ransomware Hackers Demonstrates Growth

Last year, ransomware stole more than $1 billion in virtual space.

Finance & Economics

Snap Reports Earnings

On Wednesday, February 7, Snap’s share price showed a 30% drop in morning trading.

Finance & Economics

Moody’s Downgrades New York Community Bancorp

New York Community Bancorp, which is a financial institution that is part of the structure of the American regional banking sector last Tuesday, February 6, faced a serious problem in the form of a credit rating downgrade to junk status, the decision on which was made by experts at Moody’s Investors Service.

Finance & Economics

SoftBank Poises for Best Quarter in Years

After a period of setbacks, when prospects are shrouded in fog or completely disappear into impenetrable darkness, Masayoshi Son seems to have received a reason for positive news about the activities of the SoftBank Group Corp. headed by him, which is that this business structure plunged into one of the best quarters in recent years […]

Science & Technology

Satya Nadella Calls on India to Seize Opportunity of AI

Satya Nadella, Chief Executive Officer of Microsoft Corporation, called on the world’s countries to step up investment in the artificial intelligence industry.

Fintech & Ecommerce

Nubank Approaches $1 Billion in Revenue

Brazilian neobank Nubank is confident that it will be able to become the largest financial services company in Latin America.

Science & Technology

SMIC’s Profit Exceeds Estimates

The quarterly profit of Semiconductor Manufacturing International Corp. (SMIC) exceeded preliminary expectations.

Science & Technology

Meta to Detect and Label More AI-Created Posts

Meta Platforms Inc. will expand the scope of labeling publications that were created using artificial intelligence technology on social media platforms.

Science & Technology

TSMC to Open Second Japan Chip Factory

Taiwan Semiconductor Manufacturing Co., one of the world’s largest chip makers, is expanding its presence in Japan.

Finance & Economics

Xi Jinping Reportedly to Discuss China Stocks With Regulators

The media reported that regulators intend to inform the head of the People’s Republic of China Xi Jinping about the stock market situation.

Finance & Economics

UBS Restarts Buybacks

UBS Group AG has announced its intention to resume share buyback in the current year.

Science & Technology

Brite Payments Teams Up With Northe to Enhance EV Charging

Northe, a one-stop platform for electric vehicle (EV) charging, will now provide customers with a more streamlined payment process due to the partnership with Brite Payments, a Stockholm-based instant bank payments provider.

Science & Technology

Microsoft Forms AI Partnership With Startup Semafor

Microsoft has launched a partnership in the artificial intelligence industry with a news startup called Semafor.

Finance & Economics

Sri Lanka Eyes $5 Billion in Foreign Funds

Sri Lanka expects to raise about $5 billion in foreign funds over the next two years.