Tag: Innovation
Jack Dorsey’s Block to Lay Off 4,000 Employees as AI Era Advances
Significant workforce reduction reflects shifts in technology focus.Highlights: Block announces 4,000 layoffs amid evolving AI landscape.The decision comes as the company shifts its focus...
New Banking License in Latvia Strengthens Market Entry Opportunities
Latvia introduces a novel banking license to attract new financial entrants.Highlights: Latvia launched a new banking license to facilitate market entries.The initiative aims to...
Santander Strengthens AI Investments, Targets $1 Billion Business Value
Bank looks to boost efficiency and innovation through AI initiatives.Highlights: Santander aims to create $1 billion in business value through AI.The bank focuses on...
Commonwealth Bank Unveils $90M Plan for AI-Ready Workforce
Investment targets workforce development in the age of artificial intelligence.Highlights: Commonwealth Bank invests $90 million in AI workforce development.The initiative aims to equip employees...
BNP Paribas Explores Public Blockchain for Money Market Fund Tokenisation
The bank investigates blockchain solutions for modernising fund investments.Highlights: BNP Paribas is investigating public blockchain for fund tokenisation.The initiative aims to modernize money market...
Crypto.com Secures Conditional Approval for National Trust Bank Charter
The crypto exchange aims to expand its financial services in the U.S.Highlights: Crypto.com receives conditional approval for a National Trust Bank charter.This move aims...