Cross River Bank and FinTech Platform Current to Launch New Credit-Building Product
Cross River Bank has reached an agreement with the Current fintech platform on cooperation within the framework of the project to launch a new loan product.
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Microchip Giant Arm Files for IPO
Arm Holdings, which is part of the ownership structure of SoftBank Group, has taken the first step toward initial public offerings of shares.
Tourism to Become $15.5 Trillion Industry by 2033
The volume of the travel industry by 2033 may reach a significant landmark of $15.5 trillion.
US Retail Spending Shows Growth
American retail chains reported that by the end of July, an increase in consumer spending in this trading sector was recorded.
Expert Says Banks Need Data Providers
Charles Zhu, Enigma’s vice president of products, said during a conversation with the media that the Know Your Business (KYB) requirements can become a heavy burden for financial institutions that form the internal process of meeting the criteria.
AI Reduces Burden on Supply Chains
Shipping has become one of the areas of use of artificial intelligence, where advanced technology has become a valuable tool.
Disney Introduces New Subscription Solutions
Experts say that changes in Disney’s policy regarding subscription decisions may signal that the company has decided to follow the path of Netflix.
Futurist Says About Exaggerated Fears of Humanlike AI
Theoretical physicist Michio Kaku believes that the concern of many people about the prospects for the development of artificial intelligence and the consequences of the implementation of this process is excessive and reflect fears that have no rational justification.
British High Commission in Fiji Form Partnership to Deliver Climate Finance Projects
The UK Government announced that the British High Commission (BHC) in Suva, Fiji, has established a partnership system under which climate finance projects will be implemented in the Pacific island States.
Federal Reserve Bank of New York Reports Record Americans’ Credit Card Debt
The indicator of the debt of residents of the United States on credit cards has reached a historical level of more than $1 trillion.
Chinese Export Declines Most in Last Three Years
By the end of July, China recorded a sharper reduction in import and export indicators compared to initial expectations.
India Postpones Laptop Import Restrictions
India has postponed the start date of restrictive measures against the import of laptops, tablets, and servers to this country.
Petal to Expand Credit Card Program
Petal announced intention to expand its credit card program.
Robinhood Reports First-Ever Profit
The second quarter of 2023 was the first profitable period for Robinhood Markets since the platform became public, which happened in July 2021.
SoFi Publishes Earnings Results
SoFi’s results concerning the company’s revenues have become evidence of the effectiveness and justification of the firm’s concept of activity, which provides for the unification of savings, lending, and expenses within a single financial vector characterized by continuity.
Toshiba Says Its Takeover Offer to Start in August
Toshiba has announced that it expects a $15 billion buyout offer by a group led by private equity firm Japan Industrial Partners to begin in August.
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