News - page 197

Science & Technology

Microsoft to Acquire a Stake in London Stock Exchange

The symbiosis between the two giants of the tech industry and traditional markets will also involve the creation of new products able to “revolutionize the way financial advisers provide advice to their clients”

Finance & Economics

BoE Welcomes Applications for CBDC Wallet Proof of Concept but Developers Don’ t Rush

The Bank of England (BoE) is looking for a “proof of concept” for a wallet that can hold a Central Bank Digital Currency (CBDC), and support P2P and online payments

Finance & Economics

BMW Introduces In-Car Parking Payments

BMW drivers in two European countries can find parking spaces and pay for parking, using its in-vehicle infotainment system or My BMW app

News

UK Government Introduces Edinburgh Reforms: How will FS Change?

The Chancellor of the Exchequer announced a set of Edinburgh reforms to promote growth and competitiveness in British financial services

Blockchain & Crypto

Bitcoin Mining Powers Rural Settlement in Kenya

Despite its high energy intensity, crypto supporters claim Bitcoin mining can have a positive environmental effect. One project in Kenya shows how it might change the lives of rural communities

Blockchain & Crypto

SEC Wants Companies to Disclose their Crypto Exposure

Following the FTX collapse that triggered more bankruptcies in the crypt industry, SEC asks public companies to detail their exposure to the troubled entities

Science & Technology

FTC Sues Microsoft to Prevent Market Monopoly

FTC antitrust case against Microsoft challenges the tech giant’s attempt to acquire video game publisher Activision Blizzard, claiming it would harm the industry’s competition

Blockchain & Crypto

Bitso Teams up with Felix Pago on Crypto Remittances

Through Félix Pago’s WhatsApp integration, users can now send crypto-powered payments from the US to Mexico

Science & Technology

Apple Improves User Security with Third-Party NFC Keys

Apple users will soon get a new option for two-factor authentication, they would be able to log in to their Apple ID account by scanning a third-party physical NFC security key with an Apple device

Finance & Economics

Amazon Launches TikTok-like Shopping Feed

Amazon app now offers a new shopping experience with a short-form video and photo feed Inspire

Science & Technology

New Privacy Features from Telegram Allow You to Remain Anonymous

The new Telegram update is a joy for those cherishing privacy: it enables users to create blockchain-based anonymous numbers instead of using cell phone details

Finance & Economics

Deutsche Bank & NVIDIA to Accelerate AI Use in Finance

The partners will focus on three use cases: risk model development, high-performance computing, and the creation of a branded virtual avatar

Blockchain & Crypto

Nike Presents New ‘Phygital’ Sneakers Collection

Cryptokicks iRL brings to life RTFKT’s vision of merging the digital and physical worlds

Blockchain & Crypto

World Bank Launches Carbon Asset Tracking System

The system should clarify the carbon credits market and help developing countries raise climate finance quickly and affordably

Finance & Economics

Iran May Freeze Bank Accounts if Women Refuse to Wear Hijab

The Iranian government plans to impose new financial punishments on women who do not wear a hijab in public, raising discussions about decentralised currencies

Finance & Economics

Senators Question Silvergate Bank about FTX-Alameda Transfers: Calculations Don’t Add Up

US senators request a full account of the financial activities that may have led to the loss of billions in FTX customer assets and are determined to disclose any role that Silvergate may have played in this story