Financial Innovation

BRICS Think Tank 2021 International Symposium Held in Xiamen: Grasping Important Development Directions and Promoting Practical Cooperation in Multiple Fields

On June 10, the BRICS 2021 Think Tank International Symposium, co-sponsored by the China Council for Cooperation with the BRICS Think Tank and the Xiamen Municipal People’s Government, on the theme “Joining hands to build a center of ‘innovation to create a model of BRICS Cooperation’ held in Xiamen. More …

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Central Bank of Nigeria to launch digital currency before 2022

With decentralized digital currencies like bitcoin becoming increasingly popular, central banks around the world have – at least for the past two years – worked on developing government-backed digital currencies. Nigeria could pilot an official digital currency in 2021, in the words of Rakiyat Mohammed, central bank director in charge …

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Chinese digital yuan could hitchhike with the rich towards globalization

China’s plan to globalize its digital currency may have found a possible starting point: the wealth management industry in Hong Kong. Last month, the People’s Bank of China released detailed instructions on Wealth Management Connect, a program that will allow qualified individual investors in the southeast of the continent to …

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It’s time to make clean energy investments in emerging and developing economies a top global priority

The global energy and climate future increasingly depends on the ability of emerging and developing economies to successfully transition to cleaner energy systems, calling for a radical change in global efforts to mobilize and channel the massive increase in energy costs. investment that is needed, according to a new report …

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Tilak Mandadi joins MGM Resorts International as Director of Strategy, Innovation and Technology

Former Disney and American Express Executive Brings Decades of Visionary Leadership to Company Growth and Innovation Strategy Powered by Digital, Data and Technology LAS VEGAS, June 8, 2021 / PRNewswire / – MGM Resorts International (“MGM Resorts”) (NYSE: MGM) today announced that Tilak mandadi will join the company July 6 …

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AYLIEN’s risk identification and monitoring solution, RADAR, wins two Deloitte Innovation Awards

DUBLIN, June 7, 2021 / PRNewswire / – AYLIEN, a leading provider of AI-powered risk monitoring and management solutions, has been announced as the Most Disruptive Fintech and overall winner of the Deloitte Financial Services Innovation Awards 2021 for its identification and reporting solution. risk monitoring powered by AI, RADAR. …

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Primavera Capital acquires Mead Johnson Greater China business from Reckitt Benckiser group

BEIJING, Jun 5, 2021 / PRNewswire / – Primavera Capital Group (“Primavera”) today announces the signing of a definitive agreement with Reckitt Benckiser Group plc (“Reckitt”), a global leader in health, nutrition and general public hygiene, to acquire the Greater China business of Mead Johnson Nutrition Company (“Mead Johnson”, the …

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East County Water Recycling Program Gets Huge $ 388 Million EPA Loan

An EPA representative will present a “check” for $ 388 million to the East County Advanced Water Prescription (AWP) program. @EPAWater Photos via Twitter Is US Environmental Protection Agency Assigned on Friday East County Advanced Water Purification Program $ 388 million Water Infrastructure Financial Innovation Act Funding to support the …

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EmiSwap secures $ 1.38 million in private funding

DUBAI, United Arab Emirates, June 04, 2021 (GLOBE NEWSWIRE) – EmiSwap, the first decentralized community-managed (DEX) exchange with gamified NFT mechanisms to pay 10X benefits to liquidity providers (LPs) and reimburse costs of gas – announced today successfully raising $ 1.38 million in a 6-fold oversubscribed private fundraiser led by …

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UK STFC Hartree Center and IBM launch five-year, £ 210million partnership to accelerate discovery and innovation with AI and quantum computing

The New Hartree National Center for Digital Innovation bring together innovative AI, quantum computing and the expertise of the STFC Hartree Center and IBM for the benefit of UK industry and research communities DARESBURY, UK, June 3, 2021 / PRNewswire / – Minister of Science Amanda Solloway unveiled a five-year …

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