Backbase Acquires Digital Wealth Platform Nucoro
Backbase, a global provider of banking software, has acquired London-based firm Nucoro.
Report - page 150
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.
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
OpenAI Intros New Generative Text Features
OpenAI upgraded models for creating text amid growing competition in the field of generative artificial intelligence.
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.
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).
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.
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.
Nike Renews Relationships With Retailers in Shift From D2C Focus
Nike products will be available again in the warehouses of designer shoes.
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.
Australia Wants to End Check Payments
In Australia, the era of paper checks is gradually coming to an end.
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.
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%)
Apple Sets for Record High Ahead of Mixed-Reality Headset Launch
The value of Apple shares on Monday trading shows record high values on the eve of one of the most significant events in the history of the company associated with the launch of new technological generation products.
Robinhood Customers Shift to High-Yield Deposits Amid Banking Turmoil
Robinhood Markets reports that its customers are switching to high-yield deposits.
Total Funding Into Environment Tech Falls 5% in 2022, Keeps Declining
Having recorded its highest-ever funding of $31.6 billion in 2021, the environment tech sector saw investments fall by 5% year-on-year to $29.9 billion in 2022
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