Technology
Indian E-Commerce Company Flipkart Offers Documentless Loans
With a registered customer base of more than 450 million users, WalMart-owned Flipkart has entered the loan business.
Technology
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Technology
Threads Vs. Twitter: A New Rivalry Is Born
Meta CEO Mark Zuckerberg launched Threads in a bid to exploit user dissatisfaction with Elon Musk's Twitter and quickly signed up 100 million users in its first week.
Technology
Managing Internal AI Innovators: Q&A With FICO Chief Analytics Officer Scott Zoldi
Scott Zoldi, chief analytics officer at FICO, talks about blockchain as a tool to manage the firm’s data scientists en route to a more “responsible AI.”
Technology
Brazil And Visa Test Digital Currency For Financing Farmers
By providing a secure platform for tokenizing traditional financing documents into “on-chain” tradable nonfungible tokens, Visa’s solution will enable farmers to receive loans with customized terms.
Transaction Banking
China: Price War Among Cloud Providers A Boon To Buyers
The pricing moves come as China’s economy makes a cautious recovery following the relaxation of strict Covid-19 restrictions.
Economics, Policy & Regulation
Hong Kong: E-Currency Pilot To Pave Way For Broad Consumer Use
Sixteen banks and payment firms are involved in a trial using the “e-HKD,” including the three note-issuing banks—HSBC, Standard Chartered and the Bank of China (Hong Kong).
Technology
Microsoft-Activision Deal Divides Regulators
While market watchdogs in the European Union and China have given the green light, the software giant is still fighting battles in the US and UK to get the deal approved.
Award Winners
Best Innovation Labs 2023
Global Finance’s 6th annual listing showcases the digital and financial-industry trends arising from the world’s leading innovation centers.
Emerging & Frontier Markets
Africa: Standard Bank CEO Skeptical Of Retail CBDCS
The IMF has conducted CBDC workshops in Africa covering issues posed by central bank-governed virtual digital assetsbut adoption has been sluggish.
Economics, Policy & Regulation
China Proposes Security Assessment For AI Tools
According to China's newproposed regulations, companies providing generative AI services must prevent false information and content that is discriminatory or harmful to intellectual property or personal privacy rights.
Technology
Italy Temporarily Bans ChatGPT
French, German and Irish regulators contacted their Italian colleagues to better understand the basis of the temporary ban.
Technology
Trade Law Catches Up With Technology
A slow process ofswitching from physical todigital trade documentation appears to be speeding up.