Report - page 128

Fintech & Ecommerce

Mexico and Peru to Develop Real-Time Payments

Currently, in Latin American countries, a significant part of non-bank households does not demonstrate either the desire or any readiness to switch to real-time payment in their actions related to handling finances, but experts believe that in the near future in some parts of this region, the corresponding service will be scaled.

News

Plaid Launches Tool for Cash Flow Underwriting

Plaid has introduced a new solution called Plaid Link, which will facilitate consumers’ access to real-time data on the movement of money.

Society & Lifestyle

Reddit CEO Lashes Out on Protests

Reddit CEO Steve Huffman continues to defend the idea of expediency and justification of changes in the Application Programming Interface (API) access policy amid protests against this decision.

News

Backbase Acquires Digital Wealth Platform Nucoro

Backbase, a global provider of banking software, has acquired London-based firm Nucoro.

Finance & Economics

Gaming Startup Wargraphs Sells for $54 Million

Wargraphs, a startup that consists of one person and is developing a popular companion app for League of Legends called Porofessor, was sold for $54 million.

Science & Technology

McKinsey Reveals How Much Work Activity AI Will Replace

The answer to whether generative AI will take your place at work can be found in the new McKinsey study

News

OpenAI Intros New Generative Text Features

OpenAI upgraded models for creating text amid growing competition in the field of generative artificial intelligence.

News

Triple and Prizeout Team for Digital Gift Card Offering

The Prizeout company, which operates in the field of advertising, announced the beginning of a partnership with the Triple offer platform, which is linked to cards.

News

Thailand Begins Pilot Retail CBDC Project

The Central Bank of Thailand has launched a retail pilot project using the central bank’s digital currency (CBDC).

News

Nasdaq to Acquire Financial Services Software Company Adenza

Nasdaq today, June 12, announced the purchase of Adenza, a company that specializes in creating risk management software and related regulation for the financial services market.

News

PayMate Expands to Chase $68 Trillion B2B Payment Market

PayMate, a provider of business-to-business (B2B) payments and services, announced the expansion of the geography of its activities.

Fintech & Ecommerce

Nike Renews Relationships With Retailers in Shift From D2C Focus

Nike products will be available again in the warehouses of designer shoes.

Finance & Economics

Philippines Cuts Banks’ Reserve Ratio

The Central Bank of the Philippines decided to reduce the level of the norm on the availability of mandatory reserves for financial institutions at the end of the month.

News

Australia Wants to End Check Payments

In Australia, the era of paper checks is gradually coming to an end.

Fintech & Ecommerce

Swift Tests Use of Its Infrastructure for Transfers Over Blockchains

Swift is currently testing its infrastructure in terms of its suitability for the transfer of tokenized value over blockchain networks.

Blockchain & Crypto

Americans Are Sceptic About CBDC: Survey

A recent survey found that twice as many Americans are against (34%) the Federal Reserve offering a CBDC compared to those who favour centralized cryptocurrencies (16%)