In December of last year, Gartner forecasted that 60% of financial institutions would be looking for composable finance solutions by 2024. Rather than out-of-the-box tech, composable software gives users a library of pre-built modular components that each perform specific functions. This allows users to pick and choose the components they want to essentially build their
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Last week, SALT and iConnections held a conference at The Glasshouse in NYC. The event provided thought leaders with a platform to share insights on the future of innovation, investingand global financial trends. Here are some key takeaways and perspectives. Assets On Blockchain: June Ou, the co-founder and president of Figure, addressed the obstacles associated
Revolut, the UK-based neobank that offers crypto trading as part of its financial app, may have its application for a banking license rejected by the Bank of England, according to a report in The Telegraph. The BOE has told the UK Treasury that it's planning to reject Revolut's application, the newspaper reported, without saying where
In April, total card expenditure per household was down 1.2% year on year, as measured by Bank of Americaaggregated credit and debit cards. Thisfollows the trend seen inconsumer prices. The credit card data captured by Bank of America markedthe first decline in card spending since February 2021. Why It Matters: A reduction in household credit
Theres a gap in the financial services market when it comes to integrating crypto into the mainstream financial system. FinXP is a European fintech company that is working to close this gap and help boost crypto adoption. It is a trusted partner for crypto companies requiring fiat banking and payment solutions; solutions that have now
Increase Alpha Founder and Chief Data Officer Sid Ghatak is building tools to trade markets profitably in any market environment. After an elaborate study, he tells Benzinga he will go to market with a proprietary fund attracting external investment. The potential for this new venture is boundless, Ghatak adds, noting that there were times during
Trading platform Webull celebrated its five-year anniversary by releasing new innovative features that utilize artificial intelligence (AI) to suggest investment portfolios based on user responses to a risk assessment. Webull 9.0 introduces new content and more sophisticated tools such as Sage Tracker, which allows clients to monitor the investment activities of leading institutional investors, and
Experts are weighing in on why they believe that Bud Light lost out to Modelo Especial as America’s most popular beer last month, and it’s not just because of its Dylan Mulvaney partnership. Modelo Especial has increased sales by $333 million since 2022, according to behavior analytics firm Circana in data cited by CBS. Bud Light, in
Last Wednesday,Justin Sun, founder of Tron TRX/USD , gaveakeynote interview to kick off the second episodeof Benzingas virtual trade show series, Crypto Unlocked.The event focused on global real-life use cases for crypto and Trons role as the leading network for USD-backed stablecoinTether USDT/USD . In the exclusive interview, Sun spoke of blockchain technology as a
Personal computing sale — Dealmaster: Summer savings on laptops, smartphones, and smartwatches With savings on laptops and smartphones, now is a great time to upgrade your gear. Chuong Nguyen – Jun 16, 2023 11:15 am UTC reader comments 2 with Enlarge It’s summer, but if you’re still hard at work, now might be a good
API CHANGES ARE ONLY 2 WEEKS AWAY — As the Reddit war rages on, community trust is the casualty Ars spoke with community mods about where Reddit goes from here. Scharon Harding – Jun 15, 2023 9:18 pm UTC EnlargeAurich Lawson | Getty Images reader comments 242 with Over 8,400 subreddits went dark from June
On May 28, U.S. lawmakers released a draft of a bill allowing the U.S. to increase its debt ceiling. This bill alsoincluded a number of add-on taxes, such asthe Digital Assets Mining Energy (DAME) excise tax which proposed taxing crypto miners 10% of the cost of the electricity used for Bitcoin BTC/USD mining in 2024,
VADR strikes back — Rocket Report: China addresses falling rocket debris, Vulcan launch slipping FAA is “taking a finer pencil to the way operations are run and managed.” Eric Berger – Jun 16, 2023 11:00 am UTC Enlarge / A Long March-2D rocket carrying 41 satellites blasts off from the Taiyuan Satellite Launch Center in
updates — Our fall COVID boosters will likely be a monovalent XBB formula If all goes smoothly, the FDA is expecting new shots around September. Beth Mole – Jun 15, 2023 10:01 pm UTC Enlarge / Vials with COVID-19 vaccine labels showing logos of pharmaceutical company Pfizer and German biotechnology company BioNTech.Getty | Photonews reader
Trading platform Webull celebrated its five-year anniversary by releasing new innovative features that utilize artificial intelligence (AI) to suggest investment portfolios based on user responses to a risk assessment. Webull 9.0 introduces new content and more sophisticated tools such as Sage Tracker, which allows clients to monitor the investment activities of leading institutional investors, and
The Kilauea volcano in Hawaii erupted on June 7, spewing huge flows of lava. Breathtakingfeeds from the US Geological Survey (USGS) captured the eruption at the Halema’uma’u crater. The USGSreported that lava flows are currently confined to the surrounding crater floor and that the eruption will not endanger the public. Despite the reassurance, the USGS
Boris Johnson, Britain’s former prime minister, has been condemned for lying to parliament over the Covid “partygate” scandal, in a damning report that casts doubt on whether he can ever stage a political comeback. The report by a cross-party committee of MPs published on Thursday is a searing indictment of Johnson’s conduct in high office,
On May 28, U.S. lawmakers released a draft of a bill allowing the U.S. to increase its debt ceiling. This bill alsoincluded a number of add-on taxes, such asthe Digital Assets Mining Energy (DAME) excise tax which proposed taxing crypto miners 10% of the cost of the electricity used for Bitcoin BTC/USD mining in 2024,
its very orange — Mercedes-Benz showcases axial flux EV motor in One-Eleven concept car The new electric motor is a third the size and mass of a conventional EV motor. Jonathan M. Gitlin – Jun 15, 2023 2:00 pm UTC Enlarge / Formula 1 battery tech and light, compact, but powerful electric motors would power
Reviewed by Danielle Ellis, B.Sc. Jun 15 2023 The UPC's Biomaterials, Biomechanics and Tissue Engineering Group (BBT) leads the international project Bio-TUNE, which aims to develop multifunctional materials with high antibacterial potential and efficient tissue integration. The consortium is made up of ten research teams from Europe, America and Asia, and is funded through the