Can u imagine a world where finance is at your fingertips? The question that comes to my mind directly is, how would game-changing apps and platforms revolutionize transactions, deliver personalized recommendations, and empower seamless accessibility? The rise of fintech has brought us closer to this reality, revolutionizing the way we manage our money. However, amidst […]
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Because you are a manager, you have to value your time. Here are some gadgets and apps for managers to streamline your 9-5.
The impact of eSIM-only on mobile operators — risks, opportunities and disintermediation dilemmas Following the launch of the iPhone 14 as eSIM-only in the US, Apple continues to embrace eSIM technology. Recent reports indicate that the iPhone 15 will also be eSIM-only, this time in Europe. This move will further reinforce the company’s commitment to leading the charge in consumer eSIM […]
The U.S. and Britain should make their rules for the crypto industry much clearer to prevent firms from developing in “offshore havens”, the chief of U.S. crypto exchange Coinbase Global Inc, Brian Armstrong, said on Tuesday. The failure last year of the Bahamas-based FTX exchange has highlighted the importance of major economies developing clear crypto […]
The recent announcement of UBS Group’s acquisition of Credit Suisse Group has sent shockwaves through the Swiss banking industry. The combination of the country’s two largest banks is expected to create a dominant player in the domestic market, with a pro forma market share of about 30% of domestic deposits and 25% of domestic loans, […]
The Fintech reckoning was bound to happen. The industry has been growing steadily since the 2008 financial crisis, but the COVID-19 pandemic was the leading enabler of forced integration into a fragile economic situation. The quicker they climb, the harder they fall. Financial technology (Fintech) has been a growing industry since the late 1960s, even […]
U.S. Treasury Secretary Janet Yellen said on Thursday that banking regulation and supervisory rules need to be re-examined in the wake of the Silicon Valley Bank and Signature Bank failures to ensure current banking system risks are addressed. In remarks prepared for delivery to the National Association for Business Economics, Yellen also called for stronger […]
As we speak, our traditional trust-based banking system is crumbling down like a house of cards. Most experts hope that blockchain-based finance, or in other words, no-trust finance, will salvage the economy. Now, more than ever before, people are careful where they invest their money. But with the threat of malicious quantum computing use cases, […]
As the world’s two largest economies, the United States (US) and China have been engaged in a game of economic tug-of-war for decades. But for all that, recent developments suggest that the struggle for global supremacy between these superpowers may be taking on a more political dimension. With China extending its political reach toward countries […]
Private equity firms that acquired companies since the banking crisis started on March 8 have funded the deals mostly with their own funds, a departure from traditional leveraged buyouts that reflects their struggle to secure cheap debt. Four acquisitions of companies by private equity firms that were announced in the last two weeks were funded […]