News
At 37.4% CAGR Global AI Chip Market To Hit $194.9bn By 2030
The market for artificial intelligence chips was valued at $8.02 billion in 2020, and it is anticipated that it would rise to $194.9 billion by 2030, with a CAGR of 37.4% between 2021 and 2030.
The major market players who...
News
Digital Revolution For ESG Investors Through IT Outsourcing
Modern technologies are always with us. We often reap the rewards of their accomplishments without even realising it. The digital transition is ongoing and constantly advancing. Processes are getting better as a result of the ongoing introduction of new...
News
Adoption of Artificial Intelligence- Good Sign To Buy Stocks
Investors beware: Artificial intelligence (AI) is getting a lot of attention as more businesses claim to be leveraging it. In certain circumstances, businesses use outdated data analytics software under the guise of AI to enhance their public relations. Finding...
Insurance
Russian Debt Sanctions Hinder Default Insurance Payouts
If the U.S. Treasury does not approve an auction that would enable billions of dollars in insurance to be paid out, investors hurt by Russia's debt default will have to resolve some of their positions privately.
Under the strain of...
Cards & Payments
Visa to partner with African payments outfit Flocash
Visa, a world leader in digital payments, announced today that it is partnering with Flocash (www.Flocash.com), FT Africa’s fastest growing fintech 2022, to promote digital capabilities for African SMEs through digital payments, supplier solutions and access to financial services.
The...
Cards & Payments
ING, NXP and Samsung join forces for new method of mobile payment
ING and NXP Semiconductors have developed a payment method that involves pointing your mobile phone in the direction of the person you’re paying. The method is called NEAR and was developed by ING Factory, ING’s workshop for technological customer...
Banking
KBC completes acquisition of Raiffeisen Bank International’s Bulgarian operations
KBC Bank and Raiffeisen Bank International (‘RBI’) completed the deal announced on 15 November 2021 concerning the acquisition of 100% of the shares of Raiffeisenbank (Bulgaria) EAD, which is responsible for the banking operations of RBI in Bulgaria.
The transaction...
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