Generative Data Intelligence

Tag: Expert Insights

Adyen’s Net Income Climbs despite Fivefold Revenue Drop

Despite nearly a fivefold decline in total revenue, the Amsterdam-based payments company Adyen achieved higher net revenue in the first six months of 2023 than in...

Biggest Turkey’s Fintech Param Acquires Czech Twisto

The European financial technology market has just become a bit more competitive, all due to the appearance of Param, one of the largest Turkish fintech. Wanting...

Ensign InfoSecurity Recognized As Outstanding Cybersecurity Solutions Provider At PIKOM Unicorn Tech Awards 2023

KUALA LUMPUR, Aug 17, 2023 - (ACN Newswire) - Ensign InfoSecurity ("Ensign"), Asia's largest pure-play end-to-end cybersecurity solutions provider, has won Special Recognition as the Best Managed Security...

US DOJ Is Probing Visa over ‘Token’ Technology Pricing Practices: Report

The United States’ law enforcement agency is investigating payment processing giant, Visa, over practices related to its tokenization technology, Bloomberg reported today (Wednesday), citing anonymous sources. Specifically,...

‘Free’ Money in Ireland? Bank App Error Sends Crowds to ATMs

A “technical issue” with a number of services offered by the Bank of Ireland (BOI), including the lender’s mobile app and online banking platform, enabled users to...

Growing Regulatory Concerns Push US Bank Stocks Downward

The stocks of US banks stumbled today (Tuesday) amidst fears of stricter regulations and possible additional downgrade of several lenders in the country. Specifically, the S&P 500...

Paysafe’s $402M Revenue Drives Shares to 3-Month Peak

Although the Wall Street publicly listed payment company Paysafe (NYSE: PSFE) once again failed to surpass the profitability threshold, the results for the second quarter and the...

UBS to Shell Out $1.4B Over Fraud Claims Related to 2008 Financial Crisis

Swiss banking giant, UBS, has agreed to pay $1.44 billion in penalties to settle fraud claims that it misled investors in the United States with residential mortgage-backed...

From Brokers to Bots: How AI Is Reshaping Asset Management

Artificial Intelligence (AI) has emerged as a powerful tool for managing complex and dynamic systems and has solidly integrated itself into the financial services industry,...

Mainland China and Hong Kong to Bolster Stock Connect with Block Trading

China and Hong Kong’s securities regulators have greenlighted the integration of block trading and manual trades into Stock Connect, a cross-border platform that enables investors to trade...

Will Bitcoin Price Breakdown Or Breakout Ahead of ARK Invest BTC ETF Deadline

<!-- John Isige 33 mins ago 24/7 Cryptocurrency News, Bitcoin News, Price Analysis --> Bitcoin price although stuck in a narrow...

Exness’ July Trading Volume Hits Record $3.9 trillion

The Cyprus-based multi-asset broker, Exness reported a record surge in trading volume to USD $3.9 trillion in July. The amount surpassed the previous high...

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