News - page 233

China Reportedly Wides Its Ban on Use of iPhone
Science & Technology

China Reportedly Wides Its Ban on Use of iPhone

Media reports that in China, the number of state organizations and companies supported by the country’s government is gradually increasing, which prohibits their employees from using iPhone smartphones developed by the American technology giant Apple in the workplace.

Robinhood Pulls Customers From Larger Brokers
Fintech & Ecommerce

Robinhood Pulls Customers From Larger Brokers

Robinhood began to gain clients from more well-known brokers, including Fidelity and Charles Schwab.

Amex and Bank of America Face Rising Card Delinquencies
Finance & Economics

Amex and Bank of America Face Rising Card Delinquencies

Last month, American Express and Bank of America recorded an increase in credit card delinquencies.

Salv Raises $4.3 Million
Fintech & Ecommerce

Salv Raises $4.3 Million

Salv, an Estonian-based provider of solutions to combat financial crimes, reported that it was able to raise financing for 3.9 million euros ($4.29 million).

Congressional Budget Office Predicts Decrease in Inflation in 2024
Finance & Economics

Congressional Budget Office Predicts Decrease in Inflation in 2024

The Congressional Budget Office on Friday, December 15, released a forecast according to which the inflation rate in the United States will decrease next year.

UnionPay International Partners With Trip.com
Fintech & Ecommerce

UnionPay International Partners With Trip.com

UnionPay International (UPI) has established a partnership with Trip.com, a global virtual travel agency.

First Bank Launches Backbase’s Engagement Banking Platform
Fintech & Ecommerce

First Bank Launches Backbase’s Engagement Banking Platform

Backbase, which is currently a global leader in advanced sphere interacting banking, announced that First Bank, based in St. Louis, Missouri, has started operating on the Backbase Engagement Banking platform.

Banking Platform Kapital Raises $165 Million
Fintech & Ecommerce

Banking Platform Kapital Raises $165 Million

Kapital, the company that manages the banking platform, announced that it has managed to raise new capital for $165 million.

TD Bank and Plaid to Simplify Access to Apps
Fintech & Ecommerce

TD Bank and Plaid to Simplify Access to Apps

TD Bank Group and fintech company Plaid have announced a joint effort to eliminate the need to provide login credentials to third-party apps for customers of the mentioned financial institution in the United States and Canada.

PayPal and SAP to Simplify Digital Payments for Businesses
Fintech & Ecommerce

PayPal and SAP to Simplify Digital Payments for Businesses

PayPal and SAP have announced the launch of advanced integration.

GBank to Expand Gaming Solutions With BankCard Services
Fintech & Ecommerce

GBank to Expand Gaming Solutions With BankCard Services

GBank Financial Holdings and BankCard Services (BCS) have announced that they have managed to reach a final merger agreement.

Intel Presents Server and PC Chips
Science & Technology

Intel Presents Server and PC Chips

Intel Corporation, the largest manufacturer of processors for personal computers, has announced new chips for PCs and data centers.

Meta Launches Threads for European Users
Science & Technology

Meta Launches Threads for European Users

The American technology giant Meta launched the Threads social network in the European Union on Thursday, December 14.

Fed Signals Possibility of Rate Cuts
Finance & Economics

Fed Signals Possibility of Rate Cuts

The Federal Reserve has said that the current cycle of interest rate hikes may be completed soon.

Adobe Predicts Longer AI Boost
Science & Technology

Adobe Predicts Longer AI Boost

Adobe Inc. has released a restrained sales forecast for next year, which has caused investors to be disappointed. who expected that the new tools of generative artificial intelligence would provide intensive growth in the indicators of activity of this software developer.

China’s Local Governments Support Troubled Banks
Finance & Economics

China’s Local Governments Support Troubled Banks

In China, regional authorities have issued a record number of special bonds to provide support to small banks that are facing problems.