China Development Bank Increases Loan Support for Science & Tech
China Development Bank granted CNY 261.9 billion (about $38.68 billion ) of loans to support the country’s science and technology innovation in 2022
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Merchants Will Spend $28B on Financial Crime Prevention Software in 2027: Report
Juniper Research estimates that global spending on financial crime prevention software tools will rise from $22.1 billion in 2023 to over $28.7 billion by 2027
How to Run Your Own Clothing Store
The retail industry is one of the most lucrative ventures, with a variety of business opportunities available to entrepreneurs. It offers the chance to develop creative concepts and make profits while bringing joy to customers. Running a successful store is not simply about passion and adequate finances. It requires having a clear set of goals […]
BNPL Demand Soars in UK
Demand for BNPL (Buy Now Pay Later) solutions rose across all age groups in the UK, as living costs increase
Businesses Adopting Blockchain Despite Crypto Turbulence
A recent survey revealed that nearly 90% of businesses deploy blockchain technology in some capacity and plan to invest in blockchain in 2023
60% of Card Payments in Europe are Contactless
European Central Bank (ECB) has conducted “Study on the payment attitudes of consumers in the euro area (SPACE) 2022”, revealing the growth of contactless card payments in the EU
Microsoft Considers $10B Investment into OpenAI
If Microsoft investment takes place, OpenAI – the startup behind the ChatGPT chatbot – will be valued at $29 billion
Research: eSIM Market to Reach $4 Billion Globally in 2023
As Apple innovation disrupts the smartphone industry, eSIM market is poised to be valued at $4.7 billion in 2023, rising to $16.3 billion by 2027
UK Fintech Funding Slashed by 8%
Fintech funding in the UK remained ahead of the levels seen in Europe and Asia amid a sharp global slowdown, but still decreased about 8% compared to its 2021 value
CES 2023 Showcases Touch and Smell Tech for Metaverse
Metaverse needs more customised and real-life-like user experiences such as the integration of the senses of smell and touch into VR experiences, as demonstrated at CES 2023
ChatGPT Helps Students Cheating, OpenAI Works on Mitigation
US Educators are blocking the use of ChatGPT on its premises, while the company behind it develops a solution to help spot the AI-generated texts
Stellantis to Turn Vehicle Data into Apps and Services
The global automaker and mobility provider Stellantis introduces an independent business unit, dedicated to data as a service (DaaS) business, innovative B2B products, applications and services
You Should Plant 430 Million Trees to Offset Yearly Crypto Mining: Research
A new study from Forex Suggest reveals 431.6 million trees would need to be planted to amend bitcoin mining pollution over the last year only, not to mention the impact of other crypto activities
Meta Disputes $400M Fine over Personalised Ads
Ireland’s Data Protection Commission imposed a $414 million fine on Meta for using its contracts with Facebook and Instagram users to send them ads based on their online activity, without explicit consent
CaixaBank to Explore AI Use for Cybersecurity
CaixaBank participates in the European research consortium along with eleven international entities to improve cybersecurity by leveraging AI and big data
Apple’s Market Cap Falls Below $2T as Deliveries Decline
Apple’s shares fell over 3% during intraday trading on Tuesday, taking its market cap down to $1.98 trillion
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