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How fintech can help Indonesia's small and medium enterprises survive the COVID-19 pandemic

Nov 08, 2020 11:07 am UTC| Technology Fintech

In Indonesia Southeast Asias largest economy small and medium enterprises (SMEs) contribute to around 60% percent of the nations economy and absorb 97% of its domestic workforce. However, while there are more than 60...

Microfinance loans could spell disaster in the time of coronavirus

Jul 22, 2020 12:26 pm UTC| Fintech Economy

When the Nobel Peace Prize was awarded to Bangladeshi economist Muhammad Yunus in 2006 for his concept of microfinance, it brought what began as a local policy experiment in the 1970s to global attention. Microfinance...

South African banks need to do more to ensure financial inclusion

Jul 02, 2020 15:11 pm UTC| Economy Fintech

An analysis of financial inclusion in South Africa shows that affordability limits poor households access to formal financial services. In our study, which looked at peoples use of financial goods and services between 2008...

The price of AI art: Has the bubble burst?

Jan 07, 2020 15:33 pm UTC| Insights & Views Fintech

Last fall, an AI-generated portrait rocked the art world selling for a staggering US$432,500 at Christies auction house in New York. The portrait called Edmond de Belamy features a slightly out-of-focus man with no nose...

Blockchain Revolution Series

Digital Currency Revolution

Iran works on national blockchain platform and cryptocurrency

Aug 28, 2018 03:31 am UTC| Digital Currency Fintech

Iran is developing a national blockchain platform which will enable the country to build a money transfer network with its allies, an official at the Central Bank of Iran was recently quoted saying. Speaking during a...

Blockchain Revolution Series

BankSign: Samsung SDS announces blockchain-based co-verification platform for banks

Aug 27, 2018 10:58 am UTC| Digital Currency Fintech

Samsung SDS, an IT subsidiary of South Korean tech giant Samsung Group, has developed a blockchain-based certification system, Yonhap News Agency reported. Dubbed BankSign, the platform has been set up in collaboration...

Blockchain Revolution Series

Reserve Bank of India sets up new blockchain and AI-focused unit

Aug 27, 2018 05:37 am UTC| Digital Currency Fintech

The Reserve Bank of India (RBI) has set up a new unit to ramp up its efforts in the area of blockchain technology and artificial intelligence, according to The Economic Times. Sources familiar with the latest...

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Economy

Rio De Janeiro to invest 1% of treasury in cryptocurrency

Rio de Janeiro will invest one percent of its Treasury in cryptocurrencies to turn the city into a cryptocurrency-friendly hub, according to its mayor, Eduardo Paes Other tax incentives will also be applied to achieve...

Burger King Malaysia debuts Japanese Curry Salmon Sandwich

Burger King Malaysia launches a new sandwich that features the flavor of Japan. The fast-food chain is offering the new Japanese Curry Salmon Sandwich to Malaysian customers, and this could be another bold flavor addition...

Nike Jordan golf shoes cause huge commotion in S. Korea as customers lineup to get them first

Nike dropped a limited edition Nike Jordan golf shoes, and it literally caused chaos in South Korea. The sneaker stores across the country where the new item is sold were inundated with fans and shoppers as they wanted to...

Coca-Cola launches new African sustainability platform anchored on water preservation, waste management

Coca-Cola launched its new Africa-focused sustainability platform called Jamii, representing its regional environmental, social, and governance strategy anchored on water preservation, waste management, and women and youth...

Politics

Russia-Ukraine conflict: US official says Moscow looking for 'excuse' to invade

Tensions remain high between Russia, Ukraine, the US, and NATO, along with fears of an invasion. A US official claims the recent cyberattack on Ukraine was Russia looking for a reason to carry out an invasion. Speaking...

Nancy Pelosi's office received calls from Capitol insurrectionists asking for a 'lost and found'

Democratic House Speaker Nancy Pelosi was among the lawmakers being targeted by the pro-Trump mob during the January 6 Capitol insurrection. According to Democratic Rep. Jamie Raskin, following the insurrection, the...

Donald Trump attempted to influence Census Bureau for political gain

Over time, more reports have revealed the desperate attempts made by now-former President Donald Trump to gain a political advantage or stay in power leading up to the 2020 elections and beyond. Another such attempt was...

Jovenel Moise assassination: Former Haitian senator apprehended in Jamaica

The investigation into the assassination of Haitian President Jovenel Moise continues, with authorities bringing in possible suspects. Jamaican authorities recently apprehended a former Haitian senator who is also...

Science

Keio University doctors use iPS-derived cells to treat spinal cord injury

Keio University researchers have successfully transplanted into a patient with a severe spinal cord injury two million neural progenitor cells derived from other peoples iPS cells as part of a clinical study, offering hope...

Virtual moon landing experience offered at Tottori Sand Dunes

Tokyo-based Amulapo, Inc. is offering a tour at the Tottori Sand Dunes for experiencing a simulated landing on the lunar surface for up to 20 participants on Saturday nights until the end of March, during good...

Unilever calls for better plant-based diet through public health strategies

Unilever scientists are prompting public health officials to facilitate the transition to a balanced diet with more diverse nutrient-dense plant foods through consumer education, food fortification, and...

IBS develops photocatalyst that converts carbon dioxide to hydrocarbon

The Institute for Basic Science (IBS) has developed a photocatalyst that converts carbon dioxide into useful hydrocarbon energy. The study was done in collaboration with the Daegu Gyeongbuk Institute of Science and...

KEPCO to share CO2 decomposition tech to Korea National Railway

Korea Electric Power Corp. (KEPCO) had signed an agreement for joint use of the sulfur hexafluoride (SF6) decomposition technology with the Korea National Railway as part of efforts to limit carbon dioxide...

Technology

‘WWE 2K22’ covers to feature Rey Mysterio

Long-time fans of WWE and pro wrestling may have more reasons to look forward to WWE 2K22. A new leak claimed both editions of WWE 2K22 will feature the legendary Rey Mysterio on the cover. A couple of images claimed to...

iPad Air 5 is expected to launch with iPhone SE 3 in spring 2022

The first half of 2022 might be a busy one for Apple based on the rumored products to launch in the coming months. The fifth generation of iPad Air is expected to be one of them, and a new report suggests it could be...

iPad Pro 2022 to get MagSafe charging even without an all-glass back panel

Apple might be just a few months away from its first product launch event of the year, where the 2022 iPad Pro series could be unveiled. The upcoming premium tablets are still expected to launch with support for MagSafe...

Samsung could unveil the Galaxy Tab S8 series with the Galaxy S22 phones

Samsung might announce its new lineup of flagship tablets earlier than the usual schedule. A new report speculates that the Galaxy Tab S8 series could be announced at the same Unpacked event where the Galaxy S22 phones are...
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