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...
The logo of Swiss bank Credit Suisse is seen at its headquarters in Zurich, Switzerland March 24, 2021. Credit: Arnd Wiegmann | ReutersCredit Suisse faces fresh scrutiny from Swiss regulators and the European Parliament after leaked data purported to reveal the bank had served human rights abusers, corrupt politicians, and businessmen under sanctions for...
NALA team. Credit: Fintechnews AfricaNALA, Founded by Tanzanian Benjamin Fernandes (Founder &; CEO). Led alongside Nicolas Esteves (CTO) and Nicolas Eddy (COO), raised $10m round backed by Amplo, Accel, and Bessemer Partners with participation from Angels such as Jonas, the co-founder & CTO of Monzo, Robinhood founder Vlad, Laura, the co-founder of Alloy, Deel...
Until now, the commercial banking system has weathered the pandemic shock even if there are some looming effects, claimed the 2022 Economic Survey tabled in Parliament on January 24.According to the survey, the gross non-performing advances proportion of Scheduled Commercial Banks (SCBs) kept decreasing from 11.2 percent in 2017-18 to 6.9 percent by September...
