All materials - page 14

Articles

United Arab Emirates Banks: A Comprehensive Overview

The United Arab Emirates (UAE) has a robust and rapidly growing banking sector that plays a crucial role in the country’s economy. For those wondering “can Muslims gamble”, it’s important to note that while gambling is generally prohibited in Islam, the UAE’s banking system operates according to international standards and offers a wide range of […]

Articles

Getting Your First Credit Card with No Credit History

Embarking on the journey to financial independence often begins with obtaining your first credit card. A credit card not only provides a convenient way to make purchases but also serves as a crucial tool for building a solid credit history. However, securing your first credit card without any prior credit history can be challenging. This […]

Science & Technology

OpenAI to Launch More Advanced Reasoning Model

OpenAI is currently preparing to launch a new model of artificial intelligence, which, according to this startup, is capable of more advanced reasoning, similar to the human paradigm of thinking.

News

Southeast Asia Seeks to AI Boom

Southeast Asia is gradually becoming a promising investment hot spot for leaders in the global artificial intelligence industry such as Nvidia and Microsoft, which are making financial injections in cloud services and data centers.

News

Wells Fargo Leaves Climate-Banking Group

Wells Fargo & Co., one of the largest financial institutions in the United States, has announced that it is leaving the world’s largest banking climate alliance.

News

Justt Raises $30 Million

Chargeback management company Justt raised a $30 million investment to bolster its platform powered by artificial intelligence.

News

Morgan Stanley Reportedly Predicts Favorable Environment for Lenders in 2025

The media published information according to which Morgan Stanley upgraded its rating and price targets for shares of several credit card companies and lenders.

Articles

Benefits of Using a Car Shipping Calculator

When moving to a new place or selling your vehicle to someone far away from you and you need to deliver the vehicle, you may choose to do the whole transportation process yourself, but this might not be a cheap option; this is where a car shipping company comes into play.  They will transport your […]

Fintech & Ecommerce

Visa Acquires Featurespace to Boost Transaction Monitoring With AI

Visa has officially completed its acquisition of Featurespace, a company specialising in real-time artificial intelligence (AI) technology for payment protection, announced in September.

Finance & Economics

Bank of England Holds Rates

The Bank of England on Thursday, December 19, as part of its last monetary policy meeting this year, decided to keep interest rates at the same level.

News

Accenture Beats Quarterly Revenue

Accenture on Thursday, December 19, released a report on its earnings for the first quarter of fiscal 2025, which exceeded Wall Street’s preliminary expectations regarding this company’s revenue and profit for the mentioned period.

News

China’s GenAI Sector Sees More Funding

The Chinese generative artificial intelligence sector received more funding this year, but at the same time recorded a decrease in the number of deals.

News

Hong Kong Picks Several Banks and Tech Firms to Test GenAI in Financial Sector

The Hong Kong Monetary Authority (HKMA) has picked ten banks and four technology partners to participate in a project to test several use cases for generative artificial intelligence in the financial services sector.

News

US Finalizes $458 Million Award to SK Hynix

The United States Commerce Department on Thursday, December 19, finalized an award for South Korean semiconductor manufacturer SK Hynix in the form of government grants worth up to $458 million.

News

Losses From Crypto Hacks Jump to $2.2 Billion in 2024

In the current year, the total amount of funds stolen as a result of hacker attacks on cryptocurrency platforms reached $2.2 billion.

News

Micron Shares Fall

The value of Micron Technology shares fell by about 12% on premarket trading on Thursday, December 19, as this chip manufacturer published disappointing earnings guidance for the second quarter of fiscal 2025, indicating sluggish consumer demand for personal computers and smartphones, despite strong sales growth of microcircuits used for the operation of artificial intelligence systems.