Financial Innovation

The Secretary of the Treasury did not rule out the digital dollar

Treasury Secretary Janet Yellen has said she is unsure whether or not the Federal Reserve should create a digital version of the dollar, Reuters reported on Thursday (December 2nd). However, such a move would require a broad agreement between Congress, the US central bank and the White House. At a …

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BBVA and CAF confirm their commitment in Latin America

BBVA President Carlos Torres Vila and his counterpart from CAF – Latin American Development Bank, Sergio Díaz-Granados, signed a memorandum of understanding by which they join forces to promote sustainable development in the region and support economic recovery after the pandemic. For the President of BBVA, “The agreement with CAF …

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Nigerian tech firms raise $ 417.5 million in nine months

Posted November 28, 2021 Technology Startups in Nigeria have raised around $ 417.5 million in nine months, we learned. This is based on analysis of fund announcements on TechCrunch, TechCabal and Nairametrics. The $ 417.5 million raised so far is higher than the $ 300 million raised in 2020. While …

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Beijing city center set to be completed by 2035

The water quality of the Tongzhou section of the Beijing-Hangzhou Grand Canal has improved. The 40-kilometer section of Tongzhou was opened to full navigation in June. YANG KEJIA / CHINA NEWS SERVICE China’s State Council on Friday issued guidelines on supporting high-quality development in downtown Beijing. All municipal Party and …

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The private sector invited to contribute to the creation of a new economy for young people

Castries, Saint Lucia, Wednesday November 24, 2021: – The government calls on the private sector of the island to join it in creating the conditions allowing the young people of the island, at home and abroad, to participate in the development of the youth economy. Prime Minister Philip J. Pierre …

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Financial Services in the Cloud: Virtual Summit for Southern Cone Regulators

This is a closed-door event for financial regulators and government entities in the Southern Cone region of Latin America, which aims to discuss how technology and the cloud can help modernize the economy. financial sector and public policy objectives, such as financial inclusion and digitization. We will also discuss security …

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AI Centers of Excellence and Innovation Centers that opened in India in 2021

Centers of Excellence (CoE) are places where companies can produce a significant competitive advantage over AI. Centers of Excellence facilitate the adoption of AI practices in an organization and help form a structure to evolve and maintain those processes. Even during the pandemic, India remained a favorable hub for establishing …

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WisdomTree Expands Global Digital Assets Team

New hires include anti-money laundering veteran John Davidson as global head of financial crimes NEW YORK, November 19, 2021 (GLOBE NEWSWIRE) – WisdomTree Investments, Inc. (NASDAQ: WETF), sponsor and asset manager of exchange traded funds (“ETF”) and exchange traded products (“ETP”) , today announced the expansion of its global digital …

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Nations agree to prepare BRICS Innovation Action under India leadership

The BRICS Innovation Action 2021-24 prepared under the leadership of India was endorsed by all concerned countries as a key deliverable of the Ministerial Conference on Science and Technology at the 13th meeting of the BRICS S&T Committee . The science ministries of the BRICS countries (Brazil, Russia, India, China …

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Infosys: 2021 Infosys Finacle Banking Innovation Awards winners announced

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE, BSE, NYSE: INFY), today announced the winners of the 2021 Infosys Finacle Innovation Awards. Nearly 270 nominations were received from 50 banks around the world, across ten award categories. An expert jury made up of global banking and …

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