Canada Institutional Investors Increase Crypto Exposure to 39%
In 2023, institutional investors in Canada expanded their exposure to crypto assets, with 39% of KPMG survey respondents dealing with the asset class in some way.
In 2023, institutional investors in Canada expanded their exposure to crypto assets, with 39% of KPMG survey respondents dealing with the asset class in some way.
A year after the bankruptcy of Credit Suisse, the Swiss government announced the likelihood that UBS would have to find up to $27 billion to absorb potential losses and prevent a banking collapse, which could be a very sensitive event for the country’s financial system.
Square has announced the expansion of offline payments for all hardware devices in each country.
Mastercard is launching a partnership approach based on artificial intelligence to detect and prevent fraudulent activities involving the use of personal data and payments before the operations of criminals transform into victimizing consumers.
Apple Inc. announced its intention to hold a special event on May 7.
Perplexity AI, a startup developing an artificial intelligence-based Internet search system capable of fully competing with Google, was able to raise investments worth about $63 million as part of a new round of financing.
In the first quarter of 2024, sales of Apple Inc.’s iPhone significantly decreased in the Chinese smartphone market.
French fintech company Payflows has announced that it has managed to raise $26 million in investment funds for its all-in-one platform for financial teams.
Verafin has announced the addition of an artificial intelligence copilot to its suite of solutions for combating financial crimes.
Rippling, the workforce management platform that unifies HR, IT, finance, and more, announced on Monday, April 22, that it has managed to raise new funding for $200 million.
Alphabet Inc. receives so much cash that against this background, hopes are growing that it will be able to take the page out of the playbook of Meta Platforms Inc. and start paying dividends.
In the first quarter of the current year, China’s fiscal revenue showed a decrease of 2.3% compared to the result for the same period in 2023.
Last weekend, US Commerce Secretary Gina Raimondo, while talking to reporters, downplayed the importance of the latest achievements of the Chinese company Huawei Technologies in the microchip area, stating in an appropriate context that Washington is significantly ahead of Beijing in the mentioned segment of the technology sector.
Economists have raised their outlooks on the growth of the gross domestic product (GDP) of the United States.
Bank of Canada Governor Tiff Macklem said that the draft budget of Prime Minister Justin Trudeau did not become a factor of impact that led to changes in the concept of fiscal policy that the financial regulator formed back in November last year.
Wagestream, a financial well-being app focused on frontline workers, was able to raise investment funds for 17.5 million pounds (about $21.8 million) as part of the financing round.
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