September 24, 2023
Finance International

Haydock Finance Goes Live with NETSOL’s Cloud-based Calculation Engine – Flex

Haydock Finance, a UK-based business finance provider, has recently deployed Flex, a cloud-based and API-first calculation engine developed by NETSOL Technologies. Flex was launched as the first product of ‘Appex Now’, the first marketplace developed specifically for the global credit, finance, and leasing industry by NETSOL. Haydock Finance decided to deploy Flex to support its […]

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International Technology

Boosting Content Writing Productivity with Top five AI Tools

As the field of artificial intelligence (AI) continues to advance, content writers are presented with a multitude of tools and resources that can help them work more efficiently and effectively. In this article, we’ll explore the top five AI tools that content writers must use to boost productivity. Grammarly Grammarly is an AI-powered writing tool […]

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Banking International

Regional Banks Struggle as Cash Reserves Plunge, Prompting Risky Investment Decisions

US regional banks, with assets between $50bn and $250bn, had their lowest cash reserves since the 2008 financial crisis at the start of 2023. As interest rates rose, they cut the percentage of assets held in cash from an average of 13% to 7%, according to data from the Federal Deposit Insurance Corporation. This left […]

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Finance International

Moody’s warns stablecoins of risks due to reliance on off-chain financial institutions.

Recent concerns have been raised by regulators regarding potential risks posed to traditional financial services (TradFi) by decentralized finance (DeFi). Such apprehensions have been amplified by events like the collapse of algorithmic stablecoin terraUST and the failure of FTX crypto exchange in 2022. Though the spillover effects on established financial institutions were limited, they have […]

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Finance International

Financial Experts Debunk 4 Common Money Myths You Shouldn’t Fall For

According to a poll conducted by CNBC, distinguishing financial truth from fiction can be challenging. To assist consumers, eight personal finance experts were consulted to identify the most prevalent money myths. Here are nine of the most significant misconceptions debunked by these financial authorities. Myth 1 – Daily Coffee Sacrifice as a Major Financial Game-Changer […]

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Economy International

Dubai’s Luxury Real Estate Market Set to Surge by 14% Driven by Chinese and European Investors

According to a recent report released by Realiste, a prop-tech company based in Dubai, the luxury real estate market in the city is expected to experience a significant surge of 14% in high-end residential property. This growth is being primarily driven by Chinese and Russian investors, with demand for premium properties in Dubai on the […]

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International Technology

Netflix to Introduce Phone Controller Feature for TV Games

Netflix is reportedly planning to launch a new feature that will allow users to play Netflix games on their TV using their phones as controllers. According to Bloomberg and Steve Moser, this move will finally allow the company to make its games playable on every device that has Netflix. This news comes shortly after Netflix […]

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International Technology

Hackers Exploit Critical Vulnerability in Popular WordPress Plugin, Putting Millions of Websites at Risk

Security researchers have uncovered a critical vulnerability in Elementor Pro, a popular WordPress plugin used by over 12 million websites, which could potentially allow hackers to take control of millions of websites. The vulnerability, rated 8.8 out of 10 in severity, was discovered by Jerome Bruandet of NinTechNet, who revealed that an attacker could exploit […]

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International Technology

Italy Takes Action Against OpenAI’s ChatGPT Over Privacy and Security Concerns

Italy has become the first western country to implement a nation-wide ban on OpenAI’s popular ‘ChatGPT’ AI chatbot due to privacy and security concerns raised by Italian authorities. The ban will be implemented with immediate effect, and an investigation into ChatGPT will be launched. With a monthly visitor count exceeding 100 million, ChatGPT has become […]

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Economy International

US Companies Express Growing Concerns about Business Operations in China

US companies are becoming increasingly negative about doing business in China due to rising tensions between the two nations, according to Michael Hart, President of the American Chamber of Commerce in China (AmCham China). AmCham China’s annual survey found that 55% of its members no longer consider China a top-three investment priority, while 66% cited […]

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