Report - page 72

Fintech & Ecommerce

Saudi Fintech Rasan Jumps by 30%

Saudi fintech company Rasan Information Technology Co. has moved forward in its debut in Riyadh, managing to raise 841 million riyals ($224 million) amid the hype associated with the listing, as a result of which several companies have started trading in the kingdom over the past month.

News

Worldpay Says About Growth of Demand for Digital Wallets in China and India

Based in the United Kingdom, Worldpay, a company specializing in the implementation of payment transaction processing activities, has published a report according to which there is currently an increase in the use of digital wallets at the global level.

Finance & Economics

Fed Keeps Interest Rates at 23-Year High

The Federal Reserve on Wednesday, June 12, announced that its benchmark lending rates remain at the current level.

News

Linq Raises $6.6 Million to Bring AI to Financial Analysts

Startup Linq raised $6.6 million in investment funds.

News

US Reportedly Considers Further Restrictions on China’s Access to Chip Technology

The media reported that the administration of the President of the United States Joe Biden is currently considering the possibility of introducing additional restrictive measures regarding the possibility of China’s access to chip technologies.

News

Apple Shares Hit Record High

The value of Apple securities on Tuesday, June 11, increased by 5%, reaching a new record high of $203 per share.

News

UK Unemployment Hits 2.5-Year High

In the United Kingdom, unemployment unexpectedly rose, reaching its highest level in more than two and a half years.

News

Ripple to Drive Blockchain Innovation in Japan and South Korea

The Ripple blockchain company has launched a fund in South Korea and Japan.

News

UK Tech Bosses Urge Focus on AI Skills in High-Stakes Election

Currently, in the United Kingdom, local executives in the technology area and entrepreneurs declare their desire for the next government of this country to focus on the development of skills related to artificial intelligence and on fiscal measures aimed at providing conditions for the implementation of the economic growth process.

Fintech & Ecommerce

Fintech Startup Surfin-Meta Actively Uses AI

Surfin-Meta startup, which is based in Singapore, aims to use the capabilities of artificial intelligence to provide services to people in developing countries who are facing a shortage of banking maintenance.

News

Taiwan’s Technology Sector Overcomes Challenges With AI

In Taiwan, local technology companies, which are currently the world’s largest suppliers of hardware for personal computers and smartphones, demonstrate an optimistic attitude, even though the current configuration of reality in the geopolitical plane is not a kind of platform for positive prospects and not a certain set of facts and circumstances testifying in favor […]

Finance & Economics

Japan’s GDP Falls

The Japanese economic system was on a downward trajectory in January-March of the current year, but in this case, the pace of decline turned out to be less than the initial expectations for the dynamic of the corresponding indicator due to an upward revision of data on capital spending and inventories.

News

U.S. Bank Launches Partnership With Greenlight

U.S. Bank has launched a collaboration with Greenlight, which is aimed at improving the level of financial education.

News

Kraken Reportedly Considers $100 Million Funding Round

The media reports that the Kraken cryptocurrency exchange is currently considering the possibility of conducting a final round of financing before a possible initial public offering (IPO).

News

Apple Prepares to Its AI-Focused WWDC Event

Apple, despite its undeniably fair and indisputable status as one of the leaders of the global technology sector, has a kind of tradition, that consists in the fact that the company never embraces new product categories first, which will be confirmed very soon by the Worldwide Developers Conference (WWDC).

Fintech & Ecommerce

WhatsApp Launches AI Tools for Businesses

WhatsApp has launched artificial intelligence tools, which are designed to provide companies with the opportunity to use this digital platform to carry out commercial activities for the sale of goods and services.