Economy
Cryptocurrencies replacing traditional fiat currencies; wealth inequality; the economic impact of automation and the next industrial revolution—this page covers the trends and news that will influence the economies of the future.
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https://www.energyportal.eu/news/artificial-intelligence-the-new-frontier-in-financial-services/24421/
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Energyportal
Artificial Intelligence: The New Frontier in Financial Services
Artificial intelligence (AI) is rapidly transforming the financial services industry, with its ability to process vast amounts of data, identify patterns, and make predictions. This technology is revolutionizing various aspects of...
Artificial intelligence (AI) is rapidly transforming the financial services industry, with its ability to process vast amounts of data, identify patterns, and make predictions. This technology is revolutionizing various aspects of...
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https://cryptopotato.com/consensys-infura-taps-microsoft-17-others-to-build-decentralized-infrastructure-network-for-web3-developers/
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Cryptopotato
Infura, a web3 application programming interface (API) provider developed by blockchain software company Consensys, has partnered with 18 other internet infrastructure entities, including Microsoft, to build a Decentralized Infrastructure Network (DIN) for developers. According to a press release seen by CryptoPotato, the DIN will act as a decentralized Remote Procedure Call (RPC)-as-a-service offering that will provide a new way for developers to connect to Ethereum and other leading blockchains, making the web3 space more accessible.
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https://www.hotelspeak.com/2024/07/mews-welcomes-fintech-leader-michael-coscetta-as-president/
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Hotelspeak
[New York, 23 July] - Mews, the industry-leading hospitality cloud, is delighted to announce the appointment of Michael Coscetta as President. Coscetta brings a wealth of experience from successful hospitality and fintech businesses, including Paxos and Compass (NYSE: COMP) to Mews. "From our first conversations with Michael, it was clear that he likes a serious challenge, and that he is the perfect fit for Mews at our next stage of growth," said Matt Welle, Mews CEO.
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https://www.jdsupra.com/legalnews/supervisory-experience-and-enforcement-5998271/
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Jdsupra
We have found that supervisory experiences and enforcement actions continue to drive supervisory priorities and policy development, with this year's focus being on bank-fintech arrangements, bank capital planning and adequacy, and continued focus on perceived weaknesses at global systemically important banks (G-SIBs), which in the latter case appear to reflect unique deficiencies at each institution.
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https://economictimes.indiatimes.com/news/economy/foreign-trade/steel-ministry-seeks-probe-into-cheaper-imports-from-china-vietnam/articleshow/112165055.cms
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Economictimes
India's federal Ministry of Steel has asked the trade ministry to investigate cheaper steel imports from China and Vietnam, a government source directly aware of the matter told Reuters on Wednesday, as New Delhi grapples with rising imports. India, the world's second-biggest crude steel...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.cp24.com/news/global-it-outage-has-widespread-impacts-in-toronto-1.6969935
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Cp24
A global technology outage impacting businesses around the world led to flight cancellations in Toronto on Friday, with Porter Airlines grounding all flights until 3 p.Most impacts in the GTA appeared to be resolved as of late Friday afternoon. In an update on its website, Porter Airlines says, "Operations are in the early stages of returning to normal." Porter notes that its website will be restored when all its systems are online.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://peopledevelopmentmagazine.com/2024/05/13/banking-it-solutions/
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Peopledevelopmentmagazine
In the fast-evolving banking industry, adopting advanced IT solutions has become imperative for banks to enhance operational efficiency, improve customer experience, and stay competitive. However, implementing advanced banking IT solutions has challenges that must be carefully addressed. This...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://financialit.net/news/e-payments/fintech-fueling-europes-digital-currency-revolution-perfinals-role-europes-first
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Financialit
The Fintech Fueling Europe's Digital Currency Revolution: Perfinal's Role in Europe's first Live CBDC Project Europe has recently witnessed the launch of its first live Central Bank Digital Currency (CBDC) project launched by The Central Bank of Hungary, with Perfinal taking center stage as the...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.financemagnates.com/fintech/news/in-latin-america-fintech-tackles-big-problems-with-micro-solutions/
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Financemagnates
f fintech is meant to solve problems at the intersection of technology and finance, Latin America is a perfect place to look at. The continent is still struggling with a "financial long COVID", and despite a rate cuts cycle interest rates remain alarmignly high (over 13% in Brazil and Columbia)....
FUTURE TIMELINE
COUNTRY FORECASTS
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https://cfotech.co.nz/story/primer-banxa-unite-to-boost-global-crypto-adoption
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Cfotech
Primer, a unified infrastructure for global payments and commerce, has announced a strategic partnership with Banxa, a top-tier crypto infrastructure provider. The partnership aims to dismantle obstacles hindering the adoption of cryptocurrency and was announced during the recent Money20/20 Asia...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.asianinvestor.net/article/asset-owner-platform-unveils-data-on-em-banks-sustainable-portfolios/491904
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Asianinvestor
The world's largest asset owner-led sustainable investment platform has released its first dataset covering sustainable lending practices by banks in Asian and other emerging markets.
The analysis, requested by the members of the Sustainable Development Investment Asset Owner Platform (SDI AOP),...
The analysis, requested by the members of the Sustainable Development Investment Asset Owner Platform (SDI AOP),...
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https://economictimes.indiatimes.com/news/international/world-news/how-donald-trump-and-elon-musk-want-to-eliminate-fraud-and-save-trillions-of-dollars-of-us-govt/articleshow/113129136.cms
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Economictimes
Billionaire Elon Musk will join the US government if Donald Trump comes to power. This has been revealed by none other than Donald Trump himself. Trump made this declaration during a speech to the Economic Club of New York, a group of executives and industry leaders. Trump said that, if elected...
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https://www.coindesk.com/tech/2023/12/06/the-protocol-bitcoin-censorship-or-just-spam-filtering/
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Coindesk
Solana, the layer-1 smart-contract blockchain, has seen its SOL token jump sixfold this year, vastly outperforming its dominant rival, Ethereum, whose ether (ETH) is up just 92%. According to the digital-asset analysis firm Messari, the gains for Solana have coincided with signs of strong...
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https://financialpost.com/real-estate/property-post/altus-group-selling-property-tax-business-ryan-llc
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Financialpost
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https://www.jdsupra.com/legalnews/doing-business-in-new-zealand-5377172/
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Jdsupra
In World Law Group's Doing Business In Guide, member firms around the globe share how to successfully do business in their countries, key investment sectors, and what business opportunities are hot in the market right now. In this chapter we cover New Zealand. What is the current business climate in your jurisdiction, including major political, economic, and/or legal activities on the horizon in your country that could have a big impact on businesses?
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https://bikerumor.com/frameworks-dh-bike-frame-of-neko-mulally/
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Bikerumor
We've been keeping an eye on the evolution of the Frameworks DH Bike project of pro downhiller Neko Mulally. As it's gone from alloy to steel to carbon and back again. 10 versions it seems. And having settled down in its development, Frameworks is ready to open up pre-orders for their ultimate...
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https://www.bizjournals.com/tampabay/inno/stories/fundings/2023/12/01/blockchain-data-platform-raises-7.html?ana=RSS&s=article_search
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Bizjournals
Tampa-based Grove, a blockchain data platform formerly known as Pocket Network, is giving up equity for the first time in a $7.9 million investment led by three firms, including one based in Tampa.
The investment included Avon Ventures, the parent company of Fidelity Investments' venture...
The investment included Avon Ventures, the parent company of Fidelity Investments' venture...
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https://www.entrepreneur.com/finance/student-debt-disrupted-how-fintech-is-disrupting-the/456829
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Entrepreneur
College life is supposed to be an enjoyable journey. As you step into your new social circle and explore newfound opportunities, you will eye lucrative professional avenues. Graduating with student loan debt is the last thing you'd want, but that's how the reality stands! Around 69% of US graduates leave college with a student loan debt.
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https://www.dell.com/en-us/blog/how-were-driving-sustainable-impact-for-business-and-society/
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Dell
Organizations are at an important juncture in creating positive business, environmental and societal outcomes.
Considering the broader impact — across business, people and the planet — of how we run our business isn't new for Dell Technologies. For decades, we've been investing in innovation,...
Considering the broader impact — across business, people and the planet — of how we run our business isn't new for Dell Technologies. For decades, we've been investing in innovation,...
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https://blockchain.news/news/mangofarm-scandal-solanas-blockchain-ensnared-in-alleged-ponzi-scheme-ties
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Blockchain
The Solana blockchain project, Mangofarm, gets embroiled in a controversy reminiscent of the notorious Banana Miner Ponzi scheme. This development throws a spotlight on the perennial challenges of trust and security in the digital currency domain.
Mangofarm, a project within the Solana...
Mangofarm, a project within the Solana...
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https://captainaltcoin.com/forward-x-boba-network-integration-partnership-a-framework-for-scalability-usability-and-flexibility-in-defi/
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Captainaltcoin
Forward makes a giant stride in its mission to deliver the framework to promote and reward participation within decentralized systems through Forward Factory with our collaboration with Boba Network. The latest chain integration arrangement with Boba Network will make Forward's customizable and non-technical smart contract solutions accessible and deployable on Boba Network's L2 blockchain.
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https://www.irishexaminer.com/business/companies/arid-41471758.html
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Irishexaminer
The Limerick software firm AMCS has continued its expansion with the acquisition of a US transportation company for an undisclosed amount.Jimmy Martin's firm, AMCS, has acquired the Austin, Texas-based Qv21 Technologies, a provider of fleet-management software for short-haul bulk-commodity...