Category: finance
Bank of Canada asks for public feedback about a national digital currency
The Bank of Canada wants the public’s opinions on a potential digital Canadian dollar. Although the country’s central bank says a national digital currency isn’t yet needed, it wants to remain flexible and ready should that ever change. “As Canada’s central bank, we want to make sure everyone can always…
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Apple’s retail staff is reportedly testing its ‘buy now, pay later’ service
Apple has expanded the internal testing for its Pay service's buy now, pay later feature to include its retail employees, according to Bloomberg. When the tech giant's experimental features make their way to its retail staff, that's typically a sign that it's going to be released in the near future.…
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Hitting the Books: How Southeast Asia’s largest bank uses AI to fight financial fraud
Yes, robots are coming to take our jobs. That’s a good thing, we should be happy they are because those jobs they’re taking kinda suck. Do you really want to go back to the days of manually monitoring, flagging and investigating the world’s daily bank transfers in search of financial…
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FBI says investors should take precautions before putting money into decentralized finance platforms
Cybercriminals are increasingly exploiting security flaws in smart contracts to steal cryptocurrency, according to the Federal Bureau of Investigation. In an advisory it published on Monday (via Bleeping Computer), the agency warned investors of a significant uptick in attacks targeting decentralized finance platforms. Between January and March of this year,…
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Apple had a huge quarter, but revenue growth is slowing
All eyes are on Apple today, after a tumultuous series of earnings reports dropped this week. Google parent company Alphabet missed revenue expectations, while Meta (formerly Facebook) recorded a higher profit than expected this quarter. Apple just released its results and the company has performed respectably in its second quarter…
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Hitting the Books: Raytheon, Yahoo Finance and the world’s first ‘cybersmear’ lawsuit
A company's public image is arguably even more important to its bottom line than the product they produce and very much not something to be trifled with. Would Disney be the entertainment behemoth it is today if not for its family-friendly facade, would Google have garnered so much goodwill if…
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