Search
The New Bitcoin Banks Are Here
23.8.2019
A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements...
E-Commerce Giant Amazon Opens Its Biggest Campus in Hyderabad
22.8.2019
Amazon started more than two decades ago as an online bookstore but over the years the company managed to turn the e-commerce industry on its head to become one of the most valuable companies in the world. Nowadays it does billion of dollars in business and has huge operations all across the world....
Major Swedish Bank Orders Negative Interest Rate on Euro Deposits
22.8.2019
Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right...
Apple Credit Card is Not To Be Kept in Leather Wallet or Nearby Denim, Warns Apple
22.8.2019
One of the biggest developments this year in the financial world has been the launch of the Apple credit card earlier this month. Over the past decade and a half, the tech giant has entered a range of different businesses and managed to turn it around altogether. The Apple Credit Card, produced...
Report Says That World at Risk Due to Amazon and Microsoft’s Killer AI
22.8.2019
Over the past decades, it has been seen that the biggest tech companies in the world coming up with revolutionary technologies that eventually find use in a wide range of industries. Artificial intelligence or AI is the latest frontier as far as technology and naturally, some of the tech giants...
Apple Commits $6 Billion Towards Content As it Eyes Amazon and Netflix
22.8.2019
Over the past couple of years, it has become abundantly clear that entertainment is firmly going the way of on-demand services and video streaming is all set to become the preferred medium for more consumers in the year come. In the early years of online streaming, Netflix became the undisputed...
Facebook Owned WhatsApp Looking to Launch Mobile Payment Service in Indonesia
21.8.2019
Over the past few years, it has become abundantly clear that mobile payments are going to be the next big thing in the world of Fintech and some of the biggest companies in the world are now trying to get into it in a big way. It needs to be kept in mind that mobile …
The post Facebook Owned...
PwC Says Diaspora Remittances to Nigeria Could Hit $34.89 Billion
21.8.2019
As everyone knows, there are many nations which have a huge diaspora spread across the world and most of the people who live abroad send money back to their native country. One such country is Nigeria. Hundreds of thousands of professionals from the African nation now work in different countries...
Alibaba’s Massive $15 Billion Listing in Hong Kong Postponed
21.8.2019
It is a well-known fact that some of the biggest companies in China almost always have their initial public offerings in the United States and that was the case with Alibaba when it had its mega IPO in New York around half a decade ago. The biggest e-commerce company in China has grown at...
Apple Music To be Integrated into Porsche’s Electric Car Taycan
21.8.2019
Over the past few years, electric cars have become a hugely popular product in many countries across the world and rightly so. However, the manufacturers of electric cars have also become far more varied, and even mainstream car manufacturers have started making them now. One of the biggest...
Apple’s Streaming Service to Challenge Prime and Netflix Will Go Live in November This Year
21.8.2019
Over the past few years, it has become abundantly clear that people are prepared to pay for high-quality programming on streaming services like Netflix and Amazon Prime Video, among others. The number of subscriptions has increased at a breakneck pace over the years, and plenty of people are...
Shopify All Set to Target E-Commerce Behemoth Amazon After Upstaging eBay
20.8.2019
When Amazon had started more than two decades ago as a small online book shop, eBay was the king of the e-commerce industry with its novel auctioning marketplace. Over the years, eBay grew, but eventually, it was Amazon which emerged as the winner. However, e-commerce company Shopify has emerged...
Ernst and Young to Collaborate with Open Banking Nigeria to Create API Standards
20.8.2019
The world of banking has changed dramatically over the course of the past decade or so, and the biggest reason behind those changes is modern technology. Modern technology has created systems and platforms that have made banking a lot easier both for customers as well as for those who work at...
Prime Now to be Used by Amazon to Get into the Food and Grocery Delivery Space
20.8.2019
Over the course of the past two decades, Amazon has grown into one of the world’s most innovative e-commerce companies, and it has done so by taking risks that many other firms might find unappealing. The company started off selling books online, but now it is known as the ‘everything store.’ After...
As US Expands Subprime Mortgage Program, Is a New Crisis Looming?
19.8.2019
The Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development, has recently adopted new guidelines widening the scope of condo purchases eligible for lower down payment loans insured by the government. While that could lead to more members of certain social...
Employees Can Also Own Stakes in Vision Fund 2 as SoftBank Decides to Lend Them $20 Billion For The Purpose
19.8.2019
As everyone knows, SoftBank is possibly the most influential entity in the world when it comes to investing large sums of money on promising startups all over the world. The company has invested billions in some of the most valuable in the world and it did so through its $100 billion investment...
Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies
17.8.2019
Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. In any case, some bankers fear this...
Amazon Decides to Donate Millions of Products from Third-Party Sellers to Charities in US and UK
17.8.2019
Some of the most significant and most valuable companies in the world are often urged to work towards charitable endeavors on a daily basis by charities, governments, and activists. More often than not, all those companies work towards those goals, and some companies often go above and beyond their...
GoCo Group Signs Partnership Deal with Fintech Firm Bud
17.8.2019
Over the course of the past half, a decade or so financial technology or Fintech has become one of the world’s most valuable industries, and it is almost certain that the sector is going to grow exponentially in the years to come. Some of the solutions that Fintech companies have come up with...
Apple Slaps Lawsuit Against Corellium for Selling Unlawful iOS Replicas
17.8.2019
When it comes to technical innovation, then there are very few companies which can hold a candle to Apple and over the years, those innovative products have made the company immensely rich. Like any other company, Apple is also fiercely protective of the products it has made and particularly...