Blockchain can enhance traditional financial systems, but mass adoption requires a focus on interoperability, usability and regulation. Unsplash+ When Gartner predicted in 2022 that blockchain would create $176 billion in business value by 2025 and $3.1 trillion by 2030, it seemed like the technology was poised to revolutionize every industry it touched. Yet here we
Listen to this article Digital finance is reshaping how we think about money, banking, and financial participation. Cryptocurrencies and blockchain technology are challenging traditional financial institutions, offering exciting new opportunities for economic growth. As platforms like Pi Network lead the charge, they make digital finance more accessible to a broader audience. The picoin is democratizing
Bespin Global, an international cloud management and consulting firm for banks, is seeking to help U.S. banks build their open banking tech stack through a partnership with London-based Ozone API. The move comes as U.S. banks work to implement the open banking rule that was finalized by the Consumer Financial Protection Bureau last year. The
Credit: Unsplash/CC0 Public Domain New research from the University of Georgia Terry College of Business shows consumers use “happier” words to search for products when they are in a good mood. Researchers have connected those positive search terms with an increased likelihood of clicking on search engine ads. The study connects marketing’s more traditional research
In this photo illustration OpenAI icon is displayed on a mobile phone screen with the photo of Sam Altman, chief executive officer of OpenAI. Didem Mente | Anadolu | Getty Images OpenAI is in talks to raise a funding round that would value the artificial intelligence startup at more than $100 billion, CNBC has learned.
Technology has long had a profound impact on farming practices. With the advent of artificial intelligence, the growing intersection of AgTech, finance and robotics is helping ensure that the future of agriculture stays fertile. “AI and machine learning are not new technologies,” Ceres AI CEO Ramsey Masri told PYMNTS’ CEO Karen Webster. “They’ve been around
article Interior of a Waymo self-driving car featuring a digital dashboard and steering wheel, San Francisco, California, August 20, 2024. (Photo by Smith Collection/Gado/Getty Images) The Brief Waymo’s success leads to $5 billion investment from parent company, Alphabet. The driverless taxi service is now offering 24/7 curbside pickups and dropoffs at Sky Harbor Airport. While
The global economic landscape is increasingly complex and unpredictable. One thing remains certain, however: Having a savvy, steady chief financial officer helming the finance function can do wonders for business success. Understanding how a CFO’s responsibilities have expanded and what qualities are now essential in a CFO is crucial for enterprises looking to grow and
The trends of total expense and total revenue growth after economic recessions. Credit: Nonprofit Policy Forum (2024). DOI: 10.1515/npf-2023-0058 A recent study evaluates three decades of financial data from nonprofit organizations and finds that while the sector tends to bounce back quickly after periods of economic recession, some organizations bounce back more quickly than others.
Bernard Arnault, founder and CEO of luxury goods company LVMH and the fourth-richest person in the world, has reportedly made several investments in artificial intelligence (AI) companies. Arnault’s family office, Aglaé Ventures, has made five AI-related investments in 2024, CNBC reported Monday (Aug. 19), citing data provided to it exclusively by private wealth intelligence platform