Digital Financial News
30.04 / 20:37
30.04 / 20:21
MET
FIVE
Digital
CEO
community
country
Microsoft will invest $1.7 billion in AI and cloud infrastructure in Indonesia
Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia — the single largest investment in Microsoft’s 29-year history in the country
30.04 / 18:41
UPS
Digital
Election
Experts
Department
EC urges telecom operators to boost voter turnout with SMS campaigns
Election Commission of India (ECI) to push telecom operators to send SMSes to voters to encourage them to exercise their franchise in larger numbers in the subsequent phases, said people familiar with the matter. However, they said, while the ECI wants telecom operators to send about 100 million SMSes daily to voters, the telcos have said they can handle only about 20 million SMSes a day, citing a lack of capacity. «The Department of Telecommunications (DoT), Election Commission officials and executives from telecom operators have been meeting for the past few days to evolve a consensus on how many promotional messages need to be sent,» said an official, who did not wish to be identified.
30.04 / 17:59
Digital
Strategy
Cybercrime
Diversity
track
innovations
Schools
Financial
Government holds discussion with fintechs on cybersecurity, digital financial fraud
fintechs and law enforcement agencies on steps to foster strong collaboration and address key challenges such as cybersecurity and digital financial fraud. Some key issues that were discussed in a workshop held by the finance ministry on Tuesday included the creation of a suspicious registry of banking correspondents and fraudsters involved in financial fraud and the geotagging of digital transactions to track the money trails.
30.04 / 17:49
Provident
Digital
Gap
economy
Align
innovations
Features
YES Bank, ANQ launch co-branded credit cards ‘Pi’ and ‘Phi’ – Know unique features and benefits
Private sector YES Bank has partnered with Bengaluru-based financial services provider ANQ to unveil two credit cards catering to Indian consumers. These two cards are – Pi and Phi co-branded cards.
30.04 / 16:29
UPS
Digital
Platform
Election
Instagram
European Commission
social
Investigations
NOT
Meta under fire from European Union for not doing enough about election disinformation
The European Union says it’s investigating Facebook and Instagram for suspected violations of the bloc’s digital rulebook, including not doing enough to protect users from foreign disinformation ahead of EU-wide elections
30.04 / 16:29
markets
UPS
Digital
Southern
country
electronic
Department
Zimbabwe's ZiG is the world's newest currency and its latest attempt to resolve a money crisis
Zimbabwe has started circulating a new currency to replace one that has been battered by depreciation and often outright rejection by the people
30.04 / 16:05
markets
Digital
security
Mobile
Trade
show
rights
Demat: 4 key risks associated with dematerialised account
emat account acts like a digital wallet for your stocks and investments, which ensures security and convenient management of your securities through your computer or mobile device, eliminating the need for physical paper certificates. Also read: How to open a joint demat account? Here's a step-by-step guide In order to maximise the advantages of demat accounts, new investors need to carefully choose the right depository participant or stockbroker.
30.04 / 14:21
markets
BTC
Digital
Bitcoin news
ETF
Bitcoin
Bitcoin Price Prediction as BTC Passes The $63,000 Mark Once More – Time to Buy?
Bitcoin (BTC) recently eclipsed the $63,000 mark, prompting renewed interest in its future market trajectory. After briefly retracting below $60,000, Bitcoin quickly rebounded, underscoring its persistent volatility.
30.04 / 13:15
Provident
Digital
security
Strategy
President
country
Schools
Wipro bags multi million dollar deal to transform Nokia's digital workplace services
Wipro Ltd on Tuesday announced that it has been selected by Nokia to overhaul its employee service desk and offer real-time IT support to a global network of employees, in a multi-million dollar deal. Wipro team will build a bespoke AI-powered, cloud-based solution for Nokia's workforce comprising around 86,700 users globally in 130 countries of operations. The solution aims to enhance the employee experience by providing modular, secure, and automated services, Wipro said in a release.
30.04 / 11:19
Digital
reports
Further blow for Digital 9 Infrastructure shareholders as audited NAV slashed
In its annual results published today (30 April), the trust posted an audited 2023 year-end NAV of £686.3m, equivalent to 79.3p per share. This is 5.6% lower than the unaudited NAV of £728m, or 84p per share, reported at the end of March this year. The board said the change reflects two material revisions to the unaudited independent valuation amounting to £41.5m, including a reduction in the potential earn-out from the Verne Global sale and a further write-down of the value of Aqua Comms. With regards to the earn-out valuation, the board said that after consultation with the auditor...
30.04 / 10:37
UPS
Digital
Tether
Action
reports
International
regulatory
Venezuela’s Digital Currency Use to Face Tighter Regulatory Scrutiny
Experts warn that Venezuela’s likely shift towards digital currency necessitates stricter regulations.
30.04 / 10:33
markets
Digital
Strategy
Boxing
Diversity
innovations
Navigating the Digital Transformation Journey: Embracing Creativity & Continuous Learning
Azi Handley, VP of Global Strategic Alliances at Kyndryl, leads this transformative journey. With over 24 years of experience, Azi brings a wealth of expertise. Her strategic partnerships with industry leaders like VMware, Red Hat, Oracle, and others have enabled them to harness the power of AI, automation, and cloud solutions.
30.04 / 08:25
markets
FIVE
Digital
Strategy
Remark
trends
show
Planning for Tomorrow! 1 in 2 retirement savers are investing in crypto
Mudrex on crypto investments, a striking revelation emerged that about 1 in 2 individuals with retirement plans have ventured into the world of cryptocurrencies. According to the Mudrex survey, 45% of users with retirement plans invested in cryptocurrencies. This interesting insight shows a growing trend of incorporating digital assets into long-term financial goals like a retirement investment strategy.
30.04 / 07:53
markets
BTC
Digital
Manufacturing
Remark
Bitcoin
Diversity
Bitcoin Layer2 BEVM Announces Investment from Bitmain
BTC Layer2 project BEVM has officially disclosed an investment from Bitmain, the leading manufacturer of cryptocurrency mining servers globally. The precise amount of the investment remains undisclosed.
30.04 / 03:33
markets
Digital
Sustainability
Remark
community
innovations
Features
The Secrets Behind Shiba Shootout’s Explosive Launch Week Success
Shiba Shootout has taken the cryptocurrency world by storm, boasting a spectacular launch that saw the project amass $150,000 within just its opening week.
29.04 / 21:23
Provident
Digital
Waters
Death
track
information
reports
AI based death calculator Life2vec warns of massive fraud
New York Post reported that US and Danish scientists who created Life2vec have issued a warning to the people of a fraud by various imposters.
29.04 / 21:15
Provident
Digital
security
Mobile
inclusion
information
rights
Exa Protocol Unveils Groundbreaking Mobile-First Web3 Apps at ExaConf 2024
Bringing web3 and decentralization to the masses, Exa Protocol, introduced its visionary approach to change the Web3 landscape with the inaugural edition of ExaConf 2024. Building upon the core principles of pseudonymity, security, and decentralization, Exa Protocol aims to empower users and redefine the future of Web3.
29.04 / 19:19
markets
Digital
Platform
Strategy
Trade
reports
orienteering
Tech-focused wealth firms win on multiple counts, says Fidelity
A new Fidelity Investments study reveals that wealth management firms with a strong technological orientation see significantly better growth, improved client experiences, and enhanced advisor satisfaction compared to their less digital-focused counterparts.
29.04 / 18:13
Target
Digital
CEO
Align
Highways
International
Destinations
IHCl aiming for double digit topline growth this fiscal: IHCL MD and CEO Puneet Chhatwal
Tata group-backed Indian Hotels Company (IHCL) has set an ambitious aim of a double digit topline growth this fiscal, besides plans of opening 25-30 hotels. It will also launch hotels overseas, but its primary target will remain India's thriving hospitality industry. “Our commitment extends to maintaining zero net debt while accumulating cash reserves, positioning us strategically for future investments in cash deployment, capex, M&A, or strategic reserves,” Puneet Chhatwal, MD and CEO of IHCL, told ET in an interview. Chhatwal said while FY2025 will be a 'breakthrough year' for international expansion, the primary focus will remain on the Indian subcontinent.
29.04 / 17:13
markets
UPS
FIVE
Digital
love
show
Startup investors are hunting outside unicorn zone
MUMBAI : Unicorns on deal street are finding little love, as investors chasing rising valuations hitch their wagons to smaller startups. Founders, investors and bankers noted greater interest in companies valued up to a billion dollars, while those above $2 billion find few takers. There were 318 deals in companies valued below $1 billion this year against just five in those valued over a billion, one valued over $2 billion and none for companies that are valued over $3 billion, data from Tracxn showed.
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