Credit: Unsplash.The economic downturn and a heightened focus on cash flow have prompted organizations to examine their budgets closely. CFOs have mandated significant reductions in software expenditures, ranging from 10% to 30%.A report from CloudEagle, a SaaS procurement and management platform, sheds light on the evolving landscape of software spending.Shifting Priorities in Software...
The Citibank logo. Credit: Banking Dive.Citi has unveiled a new token service harnessing blockchain technology to provide digital asset solutions to its institutional clients. The bank made this announcement on Monday.Citi Token Services: Revolutionizing Digital Asset SolutionsThe newly introduced service, Citi Token Services, can convert clients' deposits into digital tokens, which can be utilized...
Credit: Unsplash.A groundbreaking paper from the Illinois Institute of Technology researchers highlights that blockchain technology, investor sentiment, and economic stress levels are significant predictors of Bitcoin returns. The empirical evidence presented in the paper aims to provide valuable insights for investors, economists, and academics.Co-authored by Sang Baum "Solomon" Kang, associate professor of finance at...
Credit: PixabayThames Water is said to be teetering on the edge of failure. The foremost water company in the UK, renowned for its significant water loss, incidents of sewage overflow, generous executive salaries, and dividend disbursements, seems to be overwhelmed with debts that exceed its financial capacity to repay.Thames Water is facing a critical...
According to reports, Microsoft is currently engaged in discussions to invest a significant amount of $10 billion in OpenAI. This strategic move is aimed at creating a competitive force against Google's search engine, which currently holds a dominant position worldwide.Microsoft has revealed its latest progression in the field of artificial intelligence with the...
A young man withdrawing cash from the ATM. Credit Pexel.Bank technology refers to the various technological tools and systems that banks use to provide financial services to their customers. These technologies have transformed the banking industry, making transactions more convenient, secure and accessible.Some of the most important bank technologies include:Online Banking: Allow, customers accessing...
Image on how much gas is emitted. Credit: Foto de Pixabay: https://www.pexels.com/pt-br/foto/torres-eletricas-durante-a-hora-dourada-221012/Every spring-time (season of growth), shareholders measure how they are running their ventures. It's the moment that business people take on advice to form Corporate Policies, Action Plan, Executive and Government expenses. This has been changing currently as we see the acceleration on...
On Wednesday, Axis Bank partnered table reservation, food discovery and restaurant payment platform EazyDiner, to launch Dining Delights, a dining experience for the bank’s customers. Credit: MINTMoghe stated that once the statutory approvals for the deal come in, the integration process will pick up speed and will be completed over the next 18-24 months.A senior...
The proposed architecture for presenting NFT-based patent. Credit: SIATBy making use of blockchain technology, digital assets are extensively organized into fungible and non-fungible tokens (NFT). NFT relates to those with one-of-a-kind and non-substitutable properties.A research group directed by Professor QU Qiang from the Shenzhen Institute of Advanced Technology (SIAT) of the Chinese Academy of...
An accelerated rate of changeFinancial institutions throughout Asia-Pacific (APAC) are rushing ahead of their peers throughout Europe and North America when it concerns digital transformation, leading software supplier ITRS Group's most up-to-date data reveals. However, amid this accelerated rate of change, avoiding prolonged durations of unplanned downtime remains an obstacle for companies in the...
