U.S. Bars Central Bank Digital Currency as Global Digital Financial Systems Evolve
The U.S. enacted a temporary prohibition on central bank digital currencies. International digital monetary systems will evolve in the absence…
London Drives Tokenization in Wholesale Markets to Strengthen Financial Systems
London plans to progress tokenization in wholesale financial markets. The initiative could augment the UK's economic output and tax revenue.…
Kalshi Launches Kalshi Pro to Enhance Professional Trading Experience
Kalshi introduces Kalshi Pro for advanced trading, expanding its market role. New features enable real-time monitoring of 2,000 markets for…
Amazon Invites Spanish Businesses to Use New AI Tools
Amazon Business introduced new AI tools for Prime users in Spain. The tools provide enhanced financial management and spending insights.…
OMV Secures €450 Million Loan for Green Hydrogen Plant Construction
OMV partners with EIB to develop a €450 million green hydrogen plant. The plant aims to reduce OMV Schwechat refinery…
UK Regulators Increase Oversight on Cloud Giants to Boost Financial System Stability
UK regulators now oversee major cloud providers for financial stability. New oversight focuses on operational resilience, involving direct testing. Financial…
AI Creators Seek External Help to Manage Rapid Growth
In the rapidly evolving landscape of artificial intelligence, there is a growing call from within the industry to slow down…
Mastercard Negotiates Potential Sale of Vocalink Retail Payments Business
Mastercard considers selling Vocalink due to ownership concerns. DeliveryCo, backed by key UK banks, might purchase Vocalink’s stake. Regulatory assessments…
Meta Boosts Richland Parish Economy with Major Data Center Expansion
Meta is expanding its data center in Richland Parish, Louisiana. The project includes over $50 billion in AI infrastructure investments.…
EarnIn Launches Job Search Platform to Address Employment Gaps
EarnIn introduces Earn Better for job search within its app. EarnIn's platform aggregates 5 million job opportunities. The company’s focus…
