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Finance

Boom time for Big Tech in payments?
22 Apr 2024

Boom time for Big Tech in payments?

AI combined with Open Banking and Open Finance may have created the major financial services opportunity that has been eluding Big Tech for years
Apple's offer to open up tap-and-go tech to be approved by EU next month, sources say

Apple's offer to open up tap-and-go tech to be approved by EU next month, sources say

22 Apr 2024
Apple’s offer to open its tap-and-go mobile payments system to rivals is set to be approved by EU antitrust regulators as soon as next month after it tweaked some of the terms, people familiar with the matter said.
Driving sustainability

Driving sustainability

16 Apr 2024
Staying ahead of the curve on environmental regulation and progress is a fundamental driver of performance
Atos open for French state to take minority stake in strategic business unit BDS

Atos open for French state to take minority stake in strategic business unit BDS

11 Apr 2024
Struggling IT firm Atos is open to ’any solution’ which would allow to financially rescue the group while preserving France’s national security interests, Chairman Jean-Pierre Mustier said on Wednesday, adding the government could decide to acquire a minority stake. 
Many European auto insurers overlook a critical risk component

Many European auto insurers overlook a critical risk component

11 Apr 2024
Many European auto insurers are overlooking a critical dynamic that influences the risks they insure, effectively missing out on a decade’s worth of technological evolution crucial for vehicle insurance
FinTechTalk: The power of data in the Digital Asset market

FinTechTalk: The power of data in the Digital Asset market

09 Apr 2024
Explore the power of data in the digital asset market with insights from industry leaders on risk reduction, institutional demand, and regulatory trends.
Samsung Elec shares priced for $326 million block sale, sources say

Samsung Elec shares priced for $326 million block sale, sources say

09 Apr 2024
About 5.25 million shares in Samsung Electronics were priced in a block sale worth about 441 billion won ($326 million), according to two sources with knowledge of the matter on Tuesday. 
iPiD Publishes Essential Guide for Payment Service Providers: “Verification of Payee: The Race to Compliance”

iPiD Publishes Essential Guide for Payment Service Providers: “Verification of Payee: The Race to Compliance”

04 Apr 2024
iPiD, a leading payment validation solutions provider, today announced the publication of a pivotal whitepaper, “Verification of Payee: The Race to Compliance,” authored by CEO Damien Dugauquier.
Optimising payment authorisation rates

Optimising payment authorisation rates

02 Apr 2024
By optimising authorisation rates, businesses can fortify themselves against the strongest of economic headwinds
China's Huawei continues rebound with strongest earnings growth since 2019
29 Mar 2024

China's Huawei continues rebound with strongest earnings growth since 2019

China’s Huawei Technologies saw its fastest growth in four years in 2023, with a rebound in its consumer segment and income from new businesses like smart car components accelerating its recovery from U.S. sanctions. 
HSBC setting up $1 billion growth fund to scale up digital platform businesses in Southeast Asia

HSBC setting up $1 billion growth fund to scale up digital platform businesses in Southeast Asia

28 Mar 2024
HSBC on Wednesday said it is setting up a $1 billion growth fund called ASEAN Growth Fund that provides lending to companies that are scaling up via digital platforms across Southeast Asia.
SWIFT planning launch of new central bank digital currency platform in 12-24 months

SWIFT planning launch of new central bank digital currency platform in 12-24 months

28 Mar 2024
Global bank messaging network SWIFT is planning a new platform in the next one to two years to connect the wave of central bank digital currencies now in development to the existing finance system, it has told Reuters.
Reddit prices IPO at top of indicated range to raise $748 million

Reddit prices IPO at top of indicated range to raise $748 million

21 Mar 2024
Social media platform Reddit priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, raising $748 million and giving the ailing technology IPO market a much-needed boost.
Nvidia stock climbs as CFO says new chip to ship in 2024

Nvidia stock climbs as CFO says new chip to ship in 2024

20 Mar 2024
Nvidia’s stock climbed on Tuesday after the heavyweight chipmaker said its new flagship AI processor is expected to ship later this year and CEO Jensen Huang said he is chasing a data center market potentially greater than $250 billion.

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