The 18% slide in Tesla shares this past week was symptomatic of some of the headwinds facing the Connected Economy stocks this past year. Disruptive technology, yes. But there are worries, at least on Wall Street, over weakening demand, how macro pressures may come to...
Today in Europe, the Middle East and Africa, Wise has been slapped with a $360,000 fine by Abu Dhabi’s anti-money laundering regulator and PalmPay hits an important milestone, surpassing 10 million users. Wise Fined $360K for AML Violations by Abu Dhabi Regulator Money transfer service...
Mobility FinTech Moove has teamed up with Japanese financial services company MUFG and carmaker Suzuki to promote financial inclusion among gig workers in Africa. With the collaboration, “Moove … aims to advance financial inclusion and job creation as well as upskilling opportunities in the sector,”...
Not all that long ago, blockchain was the answer to every problem in financial services, to every problem in connectivity. But reality — chiefly the length of time getting projects off the ground, and the urgency of other technologies amid the pandemic — may be...
December 27, 2022
The 18% slide in Tesla shares this past week was symptomatic of some of the headwinds facing the Connected Economy stocks this past year. Disruptive technology, yes. But there are worries, at least on Wall Street, over weakening demand, how macro pressures may come to bear on companies’ fortunes and what lies ahead in a […]
November 14, 2023
Mitsubishi UFJ Financial Group (MUFG), Japan’s largest financial services provider, has signed a multiyear global agreement with Amazon Web Services (AWS) to accelerate its digital transformation. This collaboration aims to leverage AWS’s cloud technologies, including generative artificial intelligence (AI) and machine learning (ML), to enhance customer service, reduce IT operating costs and develop new digital financial products, the […]
August 30, 2022
Mobility FinTech Moove has teamed up with Japanese financial services company MUFG and carmaker Suzuki to promote financial inclusion among gig workers in Africa. With the collaboration, “Moove … aims...
February 23, 2022
Japan’s Mitsubishi UFJ Financial Group (MUFG) is suspending operations of its blockchain-based payments platform GO-NET, citing a sluggish economy and the difficulty of commercializing the product. MUFG announced the suspension...
July 20, 2020
Mitsubishi UFJ Financial Group (MUFG), the biggest banking enterprise in Japan, is scheduled to release a cryptocurrency later this year, CoinDesk reported. The digital currency will be rolled out with...
