Virtual Employees Hired in China for $14K a Year
While US companies are slow to adopt virtual employees trend, China’s cyberspace has doubled its “hiring” of digitised human beings
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The Reason for Record Wage Raises Revealed
Wages for many US employees were up between 5.5% – 7.7% in November – the highest increase in 25 years of record-keeping
New AI Service QuickVid Generates Videos with Voiceovers
A new AI-enabled web service QuickVid combines several generative systems to automatically create short-form YouTube, Instagram, TikTok and Snapchat videos
Microsoft to Acquire a Stake in London Stock Exchange
The symbiosis between the two giants of the tech industry and traditional markets will also involve the creation of new products able to “revolutionize the way financial advisers provide advice to their clients”
UBS Enables Remote ID Verification with NFC and Biometrics
Swiss customers can now open a bank account using their mobile phones and biometric passports
Amazon Offers Employees “Voluntary Severance”
The retail giant proposed “voluntary severance” to some employees this week to trim costs beyond the massive layoffs already announced
Banco BPI Opens in Metaverse
Portuguese bank BPI now has a virtual branch which customers can visit using Meta’s Oculus VR headset
Lloyds Bank combined spending and savings in a new solution for kids
Smart Start from Lloyds Bank gives kids an opportunity to manage their money and get into the habit of saving
SDK.finance wins 2nd place at Barclays Hackathon 2022, competing with IBM, Lloyds Bank, Masterсard
SDK.finance impressed an expert panel of judges by presenting their fully interactive CBDC solution prototype to demonstrate their solutions for the coding challenges
Lloyds Bank tops Barclays CBDC Hackathon
The Barclays CBDC Hackathon hosted nine teams addressing six key CBDC challenges. Lloyds Bank was awarded for its novel approach to the competition
Embedded finance has potential for explosive growth
The new research suggests transaction value of embedded finance will double in the US to $7 trillion by 2026, redefining how consumers and businesses build and manage relationships with financial services
Bitcoin mining can solve the global energy crisis: here’s how
Repurposing Bitcoin mining heat can potentially help solve several energy problems
Emirates NBD will run the Metaverse startup accelerator
Emirates NBD is looking for leading FinTech start-ups with digital experience and emerging technology players operating across the metaverse
Digital Domestic Money Transfers to Surpass 300 Billion Globally by 2026
A new study revealed that the volume of digital domestic money transfer transactions will exceed 300 billion globally in 2026
Masterсard gives green light to NFT shopping
Masterсard plans to dig deep into web3 technology and NFT tokens.
More than 50% of сonsumers were victims of fraud on the web: survey
Despite fraudulent activities on the net, digital activity among customers is on the rise.
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