How scoring helps banks reduce credit risk Credit scoring is an assessment system financial institutions use to analyse customers’ creditworthiness. Banks carry out this procedure before…
Yearly Archives: 2023
Increased domestic demand affects Asia’s growth Analysts at Morgan Stanley are confident that Asia’s growth will exceed that of the US and Europe in 2023. The…
Fintech Farm has held a funding round In April 2023, Fintech Farm held a funding round in which it raised US$22 million. The leading investor was…
The US government does not consider deposit insurance of any size necessary Following the collapse of Silicon Valley Bank and Signature, US credit institutions have asked…
Automatic digital currency conversion: Stables plans new cards Australian startup Stables intends to issue a Mastercard for USDC payments. In this case, there will be an…
Australian coal exports rise, and commodity prices fall Despite countries’ efforts to meet climate targets, Australian coal exports are growing globally. According to Bloomberg analysis, thermal…
IPO investors represent the interests of UAE companies In March 2023, Presight AI, a startup owned by G42, held an IPO that raised US$496 million. After…
Project Icebreaker enables faster cross-border payments for CBDC The Bank for International Settlements, in cooperation with regulators in Israel, Norway, and Sweden, studied the potential of…
Government services will be available at Metaverse Seoul In January 2023, South Korea launched a large-scale project initiated by the government. We are discussing Metaverse Seoul,…
Startups turnover in Ida-Virumaa shows good results According to the state fund that deals with the sector’s development, in 2022, the turnover of startups in the…