Why Are Banks Adjusting Lending Rates?
Three banks adjust prime rates after the Federal Reserve's rate cut. The Fed targets inflation control and employment stability with…
How Will the Federal Reserve’s Rate Cut Impact the Economy?
The Federal Reserve cut interest rates by 0.5% on Wednesday. Businesses and consumers may see changes in borrowing costs. Investment…
How Is the Crypto Movement Influencing the Upcoming Election?
Stand With Crypto registers 100,000 pro-crypto voters in swing states. Trump supports crypto, Harris remains publicly undecided on the issue.…
Will Bank Mergers in Germany Lead to Competitive Institutions?
Germany's central bank stresses the need for competitive bank mergers. Commerzbank and UniCredit merger draws attention for political implications. Cross-border…
How Will Major Banks Innovate Cross-Border Payments?
Major banks collaborate on BIS's Project Agora for cross-border payments. Agora explores tokenized asset trading with central bank-backed digital currencies.…
Can AI Governance Keep Up with Rapid Technological Advancements?
AI governance demands robust regulatory frameworks amid rapid technological evolution. Margaret Mitchell highlights transparency and ethical AI use in Senate…
SpaceX Challenges FAA with Legal Action over Fines
SpaceX plans to sue the FAA over $633,000 in proposed fines. The FAA cited licensing violations during two SpaceX launches…
CSI Acquires Velocity Solutions to Enhance Financial Services
CSI acquired Velocity Solutions to expand its financial services offerings. Velocity Solutions adds data-driven deposit management tools to CSI's portfolio.…
Oracle Expands Data Centers to Meet AI Demand
Oracle strengthens growth with strategic data center expansion. Larry Ellison's vision includes significant AI infrastructure development. Partnerships with tech giants…
How Does Volt’s Partnership with Farfetch Impact Real-Time Payment Adoption?
Volt partners with Farfetch to enable instant bank payments. Open banking and real-time payments gain consumer interest. Financial institutions adopt…
