Stocks slip, yields climb on oil, economy worries

Wall Street shrinks earlier losses, still lower Oil gains as OPEC+ approves deep supply cuts Dollar rebounds, up over 1% WASHINGTON Oct 5 (Reuters) – A two-day stock rally lost steam Wednesday, as Wall Street turned lower and Treasury yields regained ground as the prospect of higher oil prices and continued Federal Reserve rate … Read more

Behavioral Finance is the inaugural winner of the Phoenix group’s Innovation Forum.

In collaboration with FinTech Scotland and TCS’s Co-Creation and Innovation Network (COIN), the Phoenix Innovation Forum invited FinTech enterprises to develop innovative new tools that improve financial well-being, engagement and make a genuine positive impact on customers’ lives. The Innovation Forum launched in May 2022 and seven companies were shortlisted to provide an initial pitch … Read more

Euro zone bond yields rise, focus on economic data

Oct 5 (Reuters) – Euro zone government bond yields edged higher but stayed significantly below their multi-year highs as concerns about systemic risk and economic slowdown drove investors to lower bets on terminal rates. Lingering hopes of a less aggressive monetary policy stance are likely to fade if inflation keeps surprising on the upside and … Read more

Ajax blames summer sales for record defeat in Champions League

AMSTERDAM, Oct 5 (Reuters) – Ajax Amsterdam blamed the sale of key players in the close season for their record European loss after being thumped 6-1 at home by Napoli in the Champions League on Tuesday. Coach Alfred Schreuder and captain Dusan Tadic said Ajax were struggling after losing the likes of Antony, Lisandro Martinez, … Read more

Top 5 tech companies in the world partner with U of I to improve voice recognition software

Top 5 tech companies partner with U of I to improve voice recognition software The university was selected by Amazon, Apple, Google, Meta and Microsoft for the project. URBANA, Ill. – The top five technology companies in the world are partnering with the University of Illinois. Their goal is to improve the voice recognition software … Read more

Italy’s MPS commits to disposals as it works to secure investors

EU publishes decision on new deadline, turnaround goals MPS says plan progressing on schedule Aims to clinch deal with cash call investors this week – sources MILAN, Oct 3 (Reuters) – New restructuring commitments agreed by Italy and the European Union over state-owned bank Monte dei Paschi di Siena (MPS) (BMPS.MI) include disposals worth up … Read more

TeamViewer and Hyundai Motor partner to accelerate digital innovation in automotive smart factory, CIOSEA News, ETCIO SEA

TeamViewer, a leading global provider of remote connectivity and workplace digitalisation solutions, today announced a partnership with global mobility solutions provider Hyundai Motor Company to digitalise business operations and manufacturing processes for Hyundai Motor Group Innovation Center in Singapore (HMGICS). TeamViewer and Hyundai Motor Company will cooperate to maximize digitalization benefits in HMGICS’ smart factory … Read more

Arohan Selects Scienaptic’s AI-Powered Platform to Strengthen Its AI Innovation

Source Name : Scienaptic Systems Inc. Category Name: High Technology Arohan Selects Scienaptic’s AI-Powered Platform to Strengthen Its AI Innovation Updated: 03/10/2022 Micro Finance Institution to develop acquisition, behavioral, and collections risk models using the platform Kolkata, October 3: Leading global AI-powered credit decisioning platform provider Scienaptic AI announced today that Arohan Financial Services Limited, … Read more

Embedded finance set for explosive growth

Embedded finance is set to redefine how consumers and businesses build and manage relationships with financial services, according to research which predicts that its transaction value will double in the US to $7 trillion by 2026. The research, from Bain & Company and Bain Capital, forecasts huge revenue opportunities – up to $51 billion in … Read more

Women Venture Asia launches to support female entrepreneurs in Singapore

Gender gap in entrepreneurship – a much-discussed topic today even as we have made great strides across the century as a society. Founders Harmin Kaur, Deborah Widjaja and Dr. Sandhya Sriram seeks to mitigate these factors and empower women entrepreneurs through their latest non-profit venture, Women Venture Asia. Globally, there is a funding gap where … Read more