The European Innovation Council Invests in Deeptech and Startups for 2025
The EIC will allocate €1.4 billion for tech innovation in 2025. STEP Scale-up scheme targets tech growth with €300 million…
Interest Rate Volatility Demands New Strategies for CFOs and Treasurers
Interest rate cuts signal the end of long-term low rates. Financial leaders must adapt strategies for managing liquidity risks. Advanced…
Visa Reports Growth in Payment Flows and Tokenization
Visa reports an 8% year-over-year growth in payments volume. The company emphasizes tokenization, with 11.5 billion tokens issued. Visa addresses…
Corsight Launches AI-Driven Solution to Address Retail Theft
Corsight offers AI to address retail theft known as "sweethearting." The solution detects unusual employee-customer interaction patterns. Facial recognition's use…
Rocket Lab Targets Venus for Potential Life Discovery
Rocket Lab is investigating life possibilities on Venus with a self-funded mission. Scientific interest in Venus follows phosphine discovery in…
Retail Credit Cards See Varied Consumer Usage Patterns
Private-label cards comprise a small part of total consumer credit. Rewards drive consumer preference for store cards over other payment…
Elon Musk’s xAI Seeks Substantial Funding
xAI seeks to secure "several billion dollars" to enhance growth. Prior funding round valued xAI at $18 billion in May.…
Boeing Considers Selling Parts of Space Business
Boeing considers selling parts of its NASA-related space business. Starliner program faces delays and significant cost overruns. Industry shifts prompt…
BIS Finds New Method to Embed Compliance in International Transactions
BIS introduces compliance-by-design in cross-border systems through Project Mandala. Project Mandala integrates compliance via peer-to-peer and rules engines. Swift achieves…
CybaVerse Secures Funding to Expand Cybersecurity Efforts
CybaVerse raises $1.4 million to expand its cybersecurity team and platform. Andreas Wuchner appointed chairman to lead CybaVerse's new strategic…
