Explained - page 31

Fintech & Ecommerce

Basware Announces Integration With Amazon Business

Basware, a provider of solutions designed for accounts payable automation and procurement, announced integration with Amazon Business.

Fintech & Ecommerce

Physical Cards Drive Passwordless Future

Adam Lowe, chief product and innovation officer at metal premium card issuer CompoSecure, whose digital security platform Arculus streamlines digital authentication processes and secures digital assets while talking to the media, said that the traditional physical card can become a hands-free conduit for seamless trading.

Fintech & Ecommerce

State Bank of India Rolls Out Web-Based Invoice Financing Solution

The State Bank of India has launched a web-based invoice financing solution for microbusinesses and small and medium-sized businesses.

Finance & Economics

South Korea’s Export Grows Amid Record Chip Sales

In June, an increase in South Korea’s export activity was recorded.

News

China’s Factory Activity Rises

In China, last month, an increase in the factory activity of local companies belonging to the private sector was recorded.

Finance & Economics

China’s Central Bank to Borrow Treasury Bonds From Primary Market

On Monday, July 1, the People’s Bank of China announced its intention to borrow treasury bonds from some traders in the primary market shortly.

Finance & Economics

UK GDP Demonstrates Growth

The economy of the United Kingdom left the territory of the materialization of the negative recession scenario ahead of the time that experts and analysts predicted.

Finance & Economics

Thomas Barkin Says About US Ongoing Battle Against Inflation

Thomas Barkin, President of the Federal Reserve Bank of Richmond, said that the process of combating inflation is currently underway in the United States.

Science & Technology

Micron Stocks Drop

Shares of Micron Technology, the largest memory chip manufacturer in the United States, turned out on a downward trajectory after the company’s forecast disappointed investors who had expected greater benefits from the so-called artificial intelligence boom.

News

Nubank Acquires Hyperplane

Nubank’s digital banking platform has implemented the deal to acquire Hyperplane, a company specializing in data intelligence.

Science & Technology

Malaysia Gains Chinese Investors to Build More Data Centers

Malaysian Economy Minister Rafizi Ramli said that the country’s leadership is currently negotiating with potential investors from China about their possible participation in data center construction projects.

News

ECB’s Olli Rehn Sees Bets for Two More Cuts in 2024 as Reasonable

Expectations that the European Central Bank will adjust the current configuration of its monetary policy twice more this year by lowering the cost of borrowing are fair, according to Governing Council member of the financial institution Olli Rehn.

Fintech & Ecommerce

Pismo Activates Ledger Update

Pismo, a global cloud-native provider of core banking services and bank card processing, has announced that a significant upgrade has been made to its authorization engine.

Finance & Economics

German Business Expectations Fall

Germany’s business outlook showed a deterioration for the first time in five months, a sign that Europe’s largest economic system is facing various difficulties and obstacles on its way to recovery.

Science & Technology

Anthropic Releases New AI Model

Anthropic, a startup operating in the artificial intelligence industry, has developed a new AI model.

Finance & Economics

Swiss National Bank Cuts Rate Again

The Swiss National Bank decided to cut interest rates for the second meeting in a row.