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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https://www.youtube.com/watch?v=mZN_SGIt_Hk
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World Economic Forum
Central banks are gradually starting to raise interest rates and unwind bond purchase programmes. Are financial markets and the world economy ready for the t...
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https://www.koreaherald.com/view.php?ud=20240103000714
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Koreaherald
The total amount in year-end tax settlements submitted by employees of foreign nationality in South Korea reached a record high of 1.19 trillion won ($910 million) last year, the National Tax Service said Wednesday.All wage-earning workers of foreign nationality here, except for day laborers, are...
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https://techcrunch.com/2023/04/27/muslims-come-into-the-frame-in-southeast-asias-fintech-boom/?tpcc=tcplustwitter
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Techcrunch
Blossom Finance was first intended for Muslim entrepreneurs in the United States. The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. But founder Matthew Joseph Martin soon realized that the startup, backed by investors like Boost VC and Tim Draper, was serving a relatively niche market in the States.
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https://www.sitra.fi/en/publications/from-pause-to-play/#foreword-from-the-pause-to-opportunities
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Sitra
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https://robots.net/news/fintech-startups-weathering-the-storm-with-ai-driven-solutions/
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Robots
As the fintech industry continues to navigate through challenging times, some startups are finding success by harnessing the power of artificial intelligence (AI) to combat money laundering and fraud. These innovative companies are emerging as beacons of hope amidst the storm of uncertainty.
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FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.law.com/2024/04/10/law-firm-specializing-in-crypto-taxation-claims-former-employee-used-proprietary-info-in-youtube-videos/?slreturn=20240311142310
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Law
With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.kdnuggets.com/2023/06/mlops-like-boss-guide-machine-learning-without-tears.html
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Kdnuggets
Image by Editor The MLOps market was estimated at $23.2billion in 2019 and is projected to reach $126 billion by 2025 due to rapid adoption. Many data science projects don't see the light of the day. MLOps is a process that spans from the data stage to deployment stage and ensures the success of machine learning models.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.pymnts.com/real-time-payments/2023/fednows-future-and-what-the-triple-clock-theory-says-about-it/
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Pymnts
Four days from today, the Federal Reserve's instant account-to-account payments rail will go live. FedNow's launch on July 20 will bring the number of real-time rails in the U.to two. The first real-time rail to go live was RTP®, operated by The Clearing House, in 2017. Judging by the barrage of press releases and PR pitches received by PYMNTS over the last several weeks, the launch of FedNow is to payments what the Red Sox winning the World Series in 2004 after an 86 year drought was to baseball: an historic milestone that was a long time in coming.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www2.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-outlooks/banking-industry-outlook.html
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Deloitte
Our analysis of how the banking and capital markets sector can best ride the wave of disruption up ahead.
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.automotiveworld.com/articles/circular-cars-initiative-tackles-global-circularity-regs/
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Automotiveworld
Widespread adoption of circular economy principles could have a hugely beneficial impact on the automotive industry and its environmental impact. That's according to Natalia Dziergwa, Circular Cars Initiative Specialist at the World Economic Forum (WEF). To encourage adoption, policy makers must...
FUTURE TIMELINE
COUNTRY FORECASTS
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https://www.cityam.com/does-trading-in-unbacked-crypto-assets-present-a-regulatory-dichotomy/
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Cityam
Tuesday 23 May 2023 11:27 am
Does trading in unbacked crypto assets present a regulatory dichotomy?
Wendy Saunders
by Wendy Saunders, Head of Financial Services Regulatory, Lewis Silkin
The recent Treasury Committee report on regulating digital assets has caused shock...
Does trading in unbacked crypto assets present a regulatory dichotomy?
Wendy Saunders
by Wendy Saunders, Head of Financial Services Regulatory, Lewis Silkin
The recent Treasury Committee report on regulating digital assets has caused shock...
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https://www.washingtonpost.com/news/wonk/wp/2015/04/28/millennial-women-are-the-slowest-to-have-babies-of-any-generation-in-u-s-history/?arc404=true
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The Washington Post
Career ambitions appear to play a lesser role in delaying parenthood than a sputtering economy.
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https://www.pymnts.com/news/investment-tracker/2023/ivy-secures-20-million-in-funding-to-expand-global-open-banking-network/
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Pymnts
Berlin-based startup Ivy has raised $20 million in Series A funding to expand its global network for open banking payments. "Ivy is building a network of networks for instant bank payments," Ivy Co-founder and CEO Ferdinand Dabitz said in a Thursday (Aug. 31) post on LinkedIn announcing the new funding.
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https://cryptopotato.com/bitstamp-offers-permanent-apy-on-xrp-lending-details/
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Cryptopotato
Crypto trading platform Bitstamp has introduced an XRP lending service offering a "permanent" yield, shortly after relisting the asset for trading last month. This puts XRP on an already sizable list of coins viable for APY on Bitstamp, including Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and Tether USD (USDT).
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https://www.financemagnates.com/fintech/payments/egypt-poised-to-become-the-next-digital-payments-leader-in-the-middle-east-after-uae/
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Financemagnates
Mastercard aims to revolutionize Egypt's digital payments, targeting the $20.6 billion market. Digital payment trends focus on BNPL growth, market expansion, and open banking consolidation.
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https://www.forbes.com/sites/michaelabbott/2024/01/16/the-top-10-banking-trends-for-2024--the-age-of-ai/
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Forbes
Gen AI won't change banking, but it will change how it gets donegetty
Now that we're 25 years into the digital revolution in banking, we can say with confidence that it has not disappointed. Banks and banking have changed fundamentally. Branches deal with a tiny portion of the traffic they once...
Now that we're 25 years into the digital revolution in banking, we can say with confidence that it has not disappointed. Banks and banking have changed fundamentally. Branches deal with a tiny portion of the traffic they once...
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https://economictimes.indiatimes.com/industry/banking/finance/banking/ashok-vaswani-assumes-charge-as-kotak-banks-md-and-ceo/articleshow/106459292.cms
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Economictimes
Mumbai: Ashok Vaswani on Monday took over as the managing director (MD) and CEO of Kotak Mahindra Bank, succeeding Dipak Gupta, who served as interim MD and CEO after founder director Uday Kotak stepped down on September 2, 2023. Vaswani, 62, will have a term of three years.Vaswani, a seasoned...
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Insight posts
Insight posts
Advances in brain-computer interfaces are happening under our noses, but how much control do we have over the potential human intelligence this technology harvests?
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https://www.investing.com/news/stock-market-news/genesis-global-capital-seeks-to-recoup-over-600-million-unpaid-dcg-loans-3169124
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Investing
Reuters. FILE PHOTO: Bitcoins are seen in this illustration picture taken September 27, 2017. REUTERS/Dado Ruvic/Illustration//File Photo. NEW YORK (Reuters) - Digital Currency Group was sued on Wednesday by its bankrupt Genesis Global Capital cryptocurrency lending unit, as both sides negotiate DCG's repayment on more than $610 million of loans that matured in May.
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https://www.retailtechnology.co.uk/news/8084/enhancing-your-storeas-sustainability-credentials-by-btas-global-head-of-digital-sustainability-sarwar-khan/
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Retailtechnology
Organisations are under pressure from investors, regulators and consumers to reduce their carbon footprint. According to a recent study, 86% of multinational corporations regard sustainability as the most important factor for top level decision-making. Indeed, over 3,900 companies have now formally committed to clear carbon reduction targets for measuring and reducing CO2 emissions.
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https://www.piworld.com/article/inx-showcase-inkjet-sustainable-packaging-solutions-expo/
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Piworld
With industry developments leading people to make key investments, INX International will offer PRINTING United Expo visitors plenty of options to help grow their business. Sustainable packaging inks, premium inkjet and screen printing inks, and digital printing systems will be prominently displayed in booth B1944 during the October 18-20 event at the Georgia World Congress Center.
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https://www.opednews.com/populum/page.php?f=Americans-deserve-fairer-S-Americans-For-Tax-Reform_Social-Consciousness_Social-Contract_Social-Safety-Net-240214-521.html
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Opednews
Expand Social Security Press Conference(Image by AFGE) Details DMCA. Social Security has been a financial rock for seniors ever since benefits first began flowing in 1940. For decades though, for those above an income threshold, pieces of that rock have been chiseled away: a 1983 law makes up to 50 percent of benefits subject to federal income taxes.