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ICICI QIP | Singapore central bank largest investor, nets 11% of Rs 15,000 crore issue
The Monetary Authority of Singapore, the city-state’s central bank emerged the largest investor in ICICI Bank’s qualified institutional placement (QIP) issue, which concluded ...
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US Reserve bank partnering with MIT to develop hypothetical digital currency
The Federal reserve bank is investigating whether a central bank digital currency (CBDC) would be safe and efficient for widespread use The Federal ...
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European stocks tumble after the UK adds six more countries to its COVID-19 travel quarantine list
The UK’s benchmark FTSE 100 fell 1.9% and the Euro Stoxx 50 dropped 1.6% in early European trading. The decision, which comes into ...
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Sombank to Deliver Digital Islamic Banking Services in Somalia with Temenos’ Cloud-Native Technology
Temenos Islamic Banking, alongside Sombank are set to create innovative financial products to help with the country’s economic growth, leveraging the market-leading capabilities ...
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Thailand’s Central Bank Eyes DeFi Use Cases for Its Digital Baht
Thailand’s central bank is looking at smart contracts and decentralized finance (DeFi) to aid implementations for its national digital currency, the digital baht. ...
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Apple Music and Apple TV+ set to be bundled at a discount
Apple is reportedly preparing a number of packages that would bundle its subscription services at a discount. The bundles referred to internally as, ...
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Cassava Fintech and Liquid Telecom Group launch Sasai Wi-Fi Finder
Cassava Fintech International and the Liquid Telecom Group have announced the launch of Sasai Wi-Fi Finder, a potential game-changer in driving digital and ...
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Jumia Encounters New eCommerce Rivals In Africa Amid Pandemic
As the coronavirus has led to greater popularity of eCommerce deliveries, Jumia Technologies AG is encountering new rivalry from upstarts in the online shopping and ...
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Apollo Fintech Announces Completion of the First Blockchain National Currency Platform
NPP enables a central bank to issue a sovereign, digital currency for national adoption. PRETORIA, South Africa, Aug. 12, 2020 /PRNewswire/ — Blockchain company Apollo Fintech is ...
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Facebook Could Face $500 Billion in Fines for Illegally Collecting Biometric Data Through Instagram
A new lawsuit accuses Instagram of illegally collecting users’ facial recognition data without telling them Facebook-owned Instagram was sued recently for illegally collecting, ...