With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the energy and natural resources industry stay on top of the week’s most newsworthy and popular releases, here’s a roundup of stories from the week that shouldn’t be missed. Continue reading
BioCatch, the pioneer of behavioral biometric intelligence and a leader in digital fraud detection, today announced the findings of a new commissioned study conducted by Forrester Consulting on behalf of BioCatch: “Improve Fraud and Anti-Money Laundering Operations With A Proactive And Unified Approach.” The research reveals the reality about the concern and readiness of the world’s largest banks’ ability to effectively respond to the changing fraud and financial crime landscape. This research comes on the heels of increasing media and regulatory body reports that money laundering scams are increasing at alarming rates. Continue reading
PKO Bank Polski, the largest universal bank in the Central and Eastern Europe, is accelerating its expansion in virtual worlds. Already on 30 May, in its Virtual PKO Rotunda on the Decentraland platform, it will also hold one of the world’s first virtual job fairs in the Metaverse space. Continue reading
15 May 2023 /Lifestyle/ — Culture is a complex and multifaceted concept that can be defined in many ways. One definition of culture is “the shared beliefs, values, and behaviors of a particular group of people.” This definition highlights the importance of culture in shaping the way people think, feel, and act. Continue reading
The pyramid you are referring to is the Great Pyramid of Giza, which is the largest of the three pyramids in the Giza Necropolis in Egypt. It is also the oldest of the Seven Wonders of the Ancient World. The Great Pyramid was built for the Fourth Dynasty pharaoh Khufu over a period of 20 years, and it originally stood at 146.5 meters (481 feet) tall. However, over the centuries, the pyramid has lost some of its height due to erosion and the removal of its outer casing stones. Today, the Great Pyramid stands at 137 meters (449.5 feet) tall. Continue reading
LONDON, May 2, 2023 /Finance/ — Whether or not you should hold on to XRP is a decision that only you can make. You should consider your own financial situation, risk tolerance, and investment goals before making a decision. Continue reading
New York, May 1, 2023 – The U.S. banking crisis that began in March 2023 was the result of a number of factors, including:
The collapse of Silicon Valley Bank: Silicon Valley Bank was a large regional bank that specialized in lending to technology companies. The bank’s collapse in March 2023 was a major blow to the banking industry and shook confidence in the financial system.
Central banks are faced with the ongoing debates – Should retail and wholesale clearing and settlement of CBDC payments be separated? The differentiation doesn’t matter to the average citizen user. Their primary concern is to have a straightforward, secure, and all-encompassing solution that enables them to transfer value easily and affordably, regardless of their access to a bank or mobile/internet connectivity. Continue reading
April 25, 2023 /Finance/ — Open banking is a financial services term for the practice of allowing third-party financial service providers to access customer data held by other financial institutions, through the use of application programming interfaces (APIs). The goal of open banking is to promote innovation and competition in the financial services industry by giving consumers more choices and control over their financial data. Continue reading
Eun Young (EY) Oh, University of Portsmouth
From chatbots and virtual assistants to fraud detection and risk management, artificial intelligence (AI) is now being used in many areas of finance. But what could an AI system like ChatGPT do for your bank balance?
AI tools might seem overly complex or expensive to non-experts, but advances in natural language processing and machine learning could turn ChatGPT and similar products into virtual personal finance assistants. This would mean having an expert on hand to help you make sense of the latest financial news and data.