Bank of Japan Reportedly to Keep World’s Last Negative Interest Rate
The Bank of Japan is expected to maintain the world’s last negative rate on Tuesday, December 19.
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Robinhood Pulls Customers From Larger Brokers
Robinhood began to gain clients from more well-known brokers, including Fidelity and Charles Schwab.
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
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
UnionPay International (UPI) has established a partnership with Trip.com, a global virtual travel agency.
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
Kapital, the company that manages the banking platform, announced that it has managed to raise new capital for $165 million.
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
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
Intel Corporation, the largest manufacturer of processors for personal computers, has announced new chips for PCs and data centers.
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
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
In China, regional authorities have issued a record number of special bonds to provide support to small banks that are facing problems.
LTK Rolls Out AI Solution to Match Brands and Creators
LTK announced the launch of a new artificial intelligence-based solution, through which brands can interact with creators and plan marketing campaigns.
ConnexPay Adds Acquiring in Canadian Dollars to Its Virtual Card Offering
The ConnexPay payment platform has announced the addition of acquiring in Canadian dollars to its offer for issuing digital cards.
UK’s Economy Shrinks
The economy of the United Kingdom in October this year showed a contraction that turned out to be stronger than expected.
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