Economy

Cryptocurrencies replacing traditional fiat currencies; wealth inequality; the economic impact of automation and the next industrial revolution—this page covers the trends and news that will influence the economies of the future.

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169674
Signals
https://thenextweb.com/news/european-fintech-2024
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Thenextweb
This year was challenging for the financial technology, or fintech, sector. Interest rates rose and funding fell, continuing the shift in focus from growth to profitability.
But what does 2024 have in store? Will AI revolutionise the industry? Will funding pick up? What sectors will thrive?...
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https://www.vox.com/future-perfect/369695/used-cars-electric-vehicles-buy-exports
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Vox
Despite a recent slowdown in US sales, global forecasts for electric vehicles remain bullish. Countries across North America, Europe, and Asia are expanding charger networks and offering EV subsidies; global EV sales are projected to nearly triple by 2030, reaching 40 million vehicles annually....
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https://jalopnik.com/mexican-customs-agents-arent-scamming-tourists-cancuns-1851650473
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Jalopnik
Whether traveling for business or pleasure, most feel the need to remain tethered to the digital world in some capacity. Some travelers are discovering the hard way that Mexican customs agents in Cancun will tax them at the airport for bringing multiple electronic devices into the country. While...
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https://www.moneycontrol.com/news/business/markets/pb-fintech-stock-hits-52-week-high-as-5-4-equity-changes-hands-in-a-block-deal-12167111.html
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Moneycontrol
PB Fintech shares rose over 2 percent to hit a fresh 52-week high of Rs 1048 in early trade on February 1 after 2.44 crore shares or 5.4 percent equity exchanged hands in a block deal window. Moneycontrol could not immediately ascertain the buyers and sellers of the deal. As of 9.20 am, shares of PB Fintech were trading at Rs 1023.higher by 2.1 percent on the NSE, compared to the previous session's close.
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https://www.bizjournals.com/columbus/news/2024/08/09/db-schenker-canal-pointe-industrial-park.html?ana=RSS&s=article_search
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Bizjournals
A global logistics company is opening a new location in Central Ohio.DB Schenker, a division of German rail operator Deutsche Bahn, has signed a lease for 450,696 square feet at 7717 Robinett Way in Canal Winchester. It is located at Canal Pointe Industrial Park, a 55-acre site that includes two...
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https://www.forbes.com/sites/digital-assets/article/ethereum-wallets-what-they-are-how-to-use-one/
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Forbes
A visual representation Ethereum, one of the leading cryptocurrencies.Getty Images
Ethereum
Ethereum
wallets are essential for anyone interested in managing and securing digital assets like tokens and NFTs on the Ethereum network, the world's leading proof-of-stake blockchain with a market...
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https://www.wired.com/2017/05/apple-park-new-silicon-valley-campus/
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Wired
Flawless curves, milled aluminum, endless glass, walled garden—sounds like an Apple product. In fact, it’s the company’s biggest launch ever.
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https://www.investorsobserver.com/news/qm-pr/7228324564827113
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Investorsobserver
Toronto, Ontario--(Newsfile Corp. December 27, 2023) - DODmini, the innovative cryptocurrency project, is set to make waves in the world of decentralized finance (DeFi) with the launch of an ambitious global marketing campaign. This strategic move signals DODmini's commitment to driving awareness, engagement, and adoption of its groundbreaking project on a global scale.
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https://www.3blmedia.com/news/crown-holdings-2022-sustainability-report-raising-our-sustainability-profile
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3blmedia
Crown Holdings 2022 Sustainability Report: Raising Our Sustainability Profile



Originally published in Crown Holding's 2022 Corporate Responsibility Report
Sustainability is not just about what we do—it is also about how we do it. We strive to reduce our impact across all our...
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https://www.pymnts.com/news/faster-payments/2024/faster-payments-boost-federal-reserve-bottom-line/
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Pymnts
offered a snapshot of money spent — and returns on investment — on all manner of payment systems. with an estimate of when that system will be, effectively, in the black. The 222-page " " issued last week covers the efforts of the 12 reserve banks that provide financial services, enable payments and support the efforts of the individual depository institutions that dot the banking landscape in the United States.
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https://www.zerohedge.com/personal-finance/irs-collects-160-million-wealthy-taxpayers-amid-increased-compliance-efforts
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Zerohedge
The IRS has collected roughly $160 million from wealthy taxpayers YTD - or approximately 2 days worth of Ukraine aid, as part of the agency's 'increased compliance efforts' that some worry could eventually target small-business owners.This figure combines some $38 million collected by the IRS...
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https://cryptocoin.news/technology/vechain-transforming-supply-chains-with-smart-contracts-93578/
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Cryptocoin
VeChain is a smart contract-compatible blockchain that is specifically designed to enhance the supply chain. The platform aims to accelerate the mass adoption of blockchain technology by offering a robust and efficient solution for businesses of all sizes. With its innovative features and strong partnerships, VeChain is positioning itself as a leading player in the blockchain industry.
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https://finovate.com/4-things-keeping-baas-enabled-banks-up-at-night/
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Finovate
Can't sleep? Maybe that's because you're among the BaaS-enabled banks worried about consent orders.
Since late 2023, the FDIC and CFPB have issued seven consent orders because of BaaS-related issues. In addition to two consent orders issued this month to Sutton Bank and Piermont Bank; Lineage...
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https://www.cbc.ca/news/canada/hamilton/wynne-announcement-hamilton-1.4082476
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CBC
Premier Kathleen Wynne announced on Monday that Hamilton, Lindsay and Thunder Bay will take part in Ontario's basic income pilot project.
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https://cryptopotato.com/15-years-later-satoshi-era-wallet-moves-bitcoin-mined-in-early-2009-data/
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Cryptopotato
A dormant bitcoin whale address was reactivated earlier today, according to data from Arkham Intelligence, and has moved 5 BTC to the crypto exchange Kraken. This was their third BTC transfer in the past few weeks after being silent for a decade, said the popular resource. Arkham data shows that the wallet received the bitcoin stash during BTC's first couple of months of existence, meaning that it had to be somewhere between January and March 2009, given the network's launch on January 3 that year.
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https://www.theblock.co/post/234561/the-graph-arbitrum
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Theblock
The Graph, a leading indexing and query protocol for organizing blockchain data, has entered the final phase of its migration to Arbitrum, a Layer 2 scaling solution built on Ethereum. The transition aims to reduce gas fees, accelerate transaction speeds and increase accessibility to the protocol. Network participants voted on and approved the transition to Arbitrum via a Graph Improvement Proposal.
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https://www.mediapost.com/publications/article/399211/eus-top-court-upholds-billions-in-fines-for-googl.html
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Mediapost
Google lost its latest bid to overturn a European Union (EU) antitrust penalty after the top court upheld a decision by a lower court on Tuesday. The ruling against Google came with $2.7 billion (2.4 billion euro) in fines initially imposed in 2017. The EU said Google had favored its own price-comparison service in search results, putting competitors at a disadvantage.
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https://www.financemagnates.com/cryptocurrency/bybit-institutional-upgrades-platform-to-secure-top-spot-for-btc-futures-trading/
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Financemagnates
To maintain
its position among the largest exchanges handling Bitcoin (BTC) futures traffic,
Bybit Institutional has launched its updated trading platform. The platform
aimed at professional traders, a part of the Bybit exchange, has received a
refreshed interface. According to the company, the...
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https://www.ibtimes.co.uk/embracing-innovation-rise-non-traditional-mortgage-lending-neil-anders-1724156
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Ibtimes
The traditional mortgage lending industry has witnessed a seismic shift as non-traditional lenders, including fintech startups and peer-to-peer platforms, gain traction in the market.This surge in alternative lending options reflects a growing demand for more accessible and flexible financing...
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https://dzone.com/articles/monitoring-an-open-banking-flow-with-playwright-am
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Dzone
Open banking offers users a way to have easier access to their own bank account information, like via third-party applications. This is achieved by allowing third-party financial service providers access to the financial data of a bank's customers through the use of APIs, which enable secure communication between the different parties involved.
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https://www.jdsupra.com/legalnews/supervisory-experience-and-enforcement-5998271/
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Jdsupra
We have found that supervisory experiences and enforcement actions continue to drive supervisory priorities and policy development, with this year's focus being on bank-fintech arrangements, bank capital planning and adequacy, and continued focus on perceived weaknesses at global systemically important banks (G-SIBs), which in the latter case appear to reflect unique deficiencies at each institution.
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Insight posts
Insight posts
Video search optimization and how businesses could leverage these strategies for their marketing campaigns.