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Tag: financial services

Chips, China, and a Lot of Money: The Factors Driving the DeepSeek AI Turmoil

Chips, China, and a Lot of Money: The Factors Driving the DeepSeek AI Turmoil Why is DeepSeek causing global technology shockwaves? Matt Sheehan: DeepSeek is a Chinese AI startup that recently released a series of very impressive generative AI models. One of those models, DeepSeek R1, is a “reasoning model” that takes its time to think through an extended chain of logic before it gives an answer....

Market Thoughts – Subdued Start To Holiday-Shortened Week

Market Thoughts – Subdued Start To Holiday-Shortened Week Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone DIGEST – Markets started the week in subdued fashion yesterday, with US participants away for Presidents’ Day. Today, UK jobs, German sentiment, and Canadian inflation figures are in focus. ued fashion yesterday, with US participants away for Presidents’ Day. Today, UK jobs, German sentiment, and Canadian inflation figures are...
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South Korea card payments market to reach almost $1 trillion in 2024

South Korea card payments market to reach almost $1 trillion in 2024 The South Korean card payments market is forecast to grow by 5.9% in...

GenAI to revolutionize financial services with enhanced decision-making and personalization

GenAI to revolutionize financial services with enhanced decision-making and personalization Generative AI (genAI) is set to transform financial services across banking, insurance, and wealth management....

Credit card balances outstanding in Singapore to grow by 4% in 2023

Credit card balances outstanding in Singapore to grow by 4% in 2023 As Singaporeans regain confidence in their financial stability and embrace a new normal...

Standard Chartered partners with Dubai FinTech Summit to drive the future of digital financial innovation

Standard Chartered partners with Dubai FinTech Summit to drive the future of digital financial innovation International banking group Standard Chartered has taken on host sponsorship...

Online shopping and rising internet penetration to lead Philippines e-commerce at 17% CAGR through 2025

Online shopping and rising internet penetration to lead Philippines e-commerce at 17% CAGR through 2025 Driven by growing consumers’ preferences for online shopping and increasing...

COVID-19 drags down aggregate revenue of top 50 APAC firms

COVID-19 drags down aggregate revenue of top 50 APAC firms by 2.1% in 2020 The COVID-19 pandemic has taken a toll on the financial performance...

Digitization of Post Offices Key to Filling Financial Inclusion Gaps

Digitization of Post Offices Key to Filling Financial Inclusion Gaps The COVID-19 pandemic has increased the lack of financial inclusion around the world. Yet the...

Islamic finance in Indonesia fends off coronavirus chill

Islamic finance in Indonesia fends off coronavirus chill Islamic finance has thrived in Indonesia despite the coronavirus, with banks and fintech companies rushing to tap...

Pandemic Causes Financial Services Advertisers to Emphasize Online Banking

Pandemic Causes Financial Services Advertisers to Emphasize Online Banking Despite this year’s decline in total ad spending in the US, the financial services industry will...

First Fin-Tech Islamic Economy startup

First Fin-Tech Islamic Economy startup, “Wahed Invest” valued at $100million, raises an additional $8m funding to accelerate International expansion Wahed Invest (“Wahed”), a New York headquartered...