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Why Africa is the future of mobile and digital banking

Today, 48% of Africa’s population uses banking services, according to the African Digital Banking Transformation Report 2023.

HSBC apologises as thousands of UK customers locked out of digital banking

By Lawrence White LONDON (Reuters) -Thousands of HSBC customers in Britain on Friday reported they were unable to access some mobile and online banking services, the latest in a long-running series of

Ex-Binance CEO Zhao urges judge to allow him to leave US before sentencing

By Nate Raymond (Reuters) - Lawyers for former Binance CEO Changpeng Zhao are urging a U.S. judge to reject the Justice Department's request to bar him from returning to his home in the United Arab

Putin says West cannot have AI monopoly so Russia must up its game

By Guy Faulconbridge MOSCOW (Reuters) -President Vladimir Putin on Friday warned that the West should not be allowed to develop a monopoly in the sphere of artificial intelligence (AI), and said that

Analysis-Binance CEO Teng braced for uphill battle in post-Zhao era

By Tom Wilson and Elizabeth Howcroft LONDON (Reuters) - Spiralling compliance costs, ongoing legal headaches and a shrinking share of the market: Binance's new chief Richard Teng faces daunting

Putin says West cannot have monopoly on AI, calls for boost to Russian efforts

MOSCOW (Reuters) -President Vladimir Putin on Friday warned that the West should not be allowed to develop a monopoly in the sphere of Artificial Intelligence (AI), and said that a much more ambitious

Investors flock back to AI fund on rate cut hopes, Nvidia results

By Bansari Mayur Kamdar (Reuters) - An exchange-traded fund tracking artificial intelligence stocks saw investors pouring money after six straight weeks of outflows, on the backdrop of strong

Putin to approve new AI strategy, calls for boost to supercomputers

MOSCOW (Reuters) - President Vladimir Putin said on Friday that he would soon approve a new version of Russia's strategy for Artificial Intelligence development, and called for a significant increase

Thousands of HSBC customers in Britain report mobile banking outages

By Lawrence White LONDON (Reuters) - Thousands of HSBC customers in Britain on Friday reported they were unable to access some mobile and online banking services, the latest in a long-running series

Bank of Spain seeks details on pre-Black Friday payment network crash

By Jesús Aguado MADRID (Reuters) - The Bank of Spain has asked for detailed information after recent disruptions to the country's payments network, a source close to the central bank said. Spain's

On Camera

Ghatkopar hoarding collapse a typical Mumbai disaster—too many agencies, no one to blame

As per the BMC, there are 1,025 officially approved hoardings in the city right now. However, any Mumbaikar can tell you that number is a ludicrous underestimate.

India’s GDP to grow at 6.9% in 2024 — UN agency revises its January projection of 6.2%

Latest report by UN Department of Economic and Social Affairs says global growth to be faster than estimated earlier & India’s 'robust performance' to boost South Asia’s growth.

Spain denies port call to vessel carrying shipment of ‘arms to Israel from India’

The Spanish foreign minister says 'the Middle East does not need more weapons, it needs more peace'. Spain has been very critical of Israel’s offensive in Gaza.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?