News - page 195

Science & Technology

Meta Reportedly to Launch Web Version of Threads

The media reports that Meta is currently working on creating a web version of Threads, a virtual platform competing with Twitter.

Finance & Economics

Tourism to Become $15.5 Trillion Industry by 2033

The volume of the travel industry by 2033 may reach a significant landmark of $15.5 trillion.

Finance & Economics

Citigroup CEO Reportedly Weighs Plan to Break Up Corporation’s Biggest Unit

The media reports that currently, the chief executive officer of Citigroup Jane Fraser is considering the possibility of creating a plan to break up the largest unit of this corporation as part of a restructuring strategy.

Science & Technology

UK Promotes Cyber Skills With Free School Training

UK government encourages schools to take advantage of free resources to help secondary school children boost cyber skills and pursue careers in the field later in life

Blockchain & Crypto

Central Bank of Colombia Backs Partial Restrictions on Use of CBDC

Last week, the central bank of Colombia released a report suggesting that limiting CBDC with a high degree of probability may be the right strategy for a financial institution.

Fintech & Ecommerce

Infor Nexus and DBS Bank to Offer New Pre-Shipment Financing Solution for Businesses in India

Infor Nexus Supply Chain Network and DBS Bank reported on collaboration to create a pre-shipment financing solution for small and medium-sized businesses in India.

Blockchain & Crypto

China Aims to Expand Government Control To Metaverse

China is reportedly looking to implement a system with digital IDs and real-world punishments for actions in the Metaverse

Science & Technology

Net Zero Challenge Launches in Vietnam

Touchstone Partners and Temasek Foundation have launched a climate technology innovations competition for startups in Vietnam

Fintech & Ecommerce

Irish Tech Firm Fineos Raises $40 Million

Fineos, a technology company based in Dublin that develops software designed for use by insurance firms, announced that following the results of the last round of financing, it managed to raise investment funds in the amount of $40 million.

Fintech & Ecommerce

Chilean Digital Bank Tempo Collaborates With Dock

Dock, a B2B technology company for payments and banking, announced the start of cooperation with Tenpo, Chile’s largest digital lender, with a customer base of more than 2.2 million people.

Science & Technology

Scientist Aim to Verify ID With Walking Pattern

The new gait-based biometric security ID technology takes into account various factors of one’s walking pattern, including the length of your stride, how heavy you are, how you move, and how you roll over your feet as you walk

Finance & Economics

China’s Evergrande Group Files for Bankruptcy in New York

Evergrande Group, at one time the second-largest real estate developer in China, filed for bankruptcy in New York.

Fintech & Ecommerce

Fintech Funding Plummets in Canada and Vietnam

These two countries have shown enormous levels of fintech funding decline in the first half of 2023

Science & Technology

Company Applied Materials Publishes Positive Forecast for Future

Applied Materials, an American company that manufactures equipment necessary for the production of chips, has released a forecast for the current quarter, which contains optimistic expectations and statements about the likely weakening of the downturn in the industry.

Blockchain & Crypto

Mastercard Launches CBDC Partner Program With Major Blockchain Players

The set of partners at launch of the Mastercard CBDC Partner Program includes Ripple, Consensys, Fluency, Idemia, Consult Hyperion, Giesecke+Devrient and Fireblocks.

Finance & Economics

Emirates Development Bank Collaborates With Trade Capital Partners to Offer Supply Chain Finance

The Emirates Development Bank (EDB) has entered into a partnership agreement with Trade Capital Partners (TCP), which aims to create a solution for supply chain financing and working capital for small and medium-sized businesses in the United Arab Emirates (UAE).