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Australias three main banks have raised RBA interest rates

The first to move in was the Commonwealth Bank on Thursday morning. A few hours later, Westpac and ANZ followed. Westpac said it would pass on the ful

The first to move in was the Commonwealth Bank on Thursday morning. A few hours later, Westpac and ANZ followed. Westpac said it would pass on the full 0.5% rate hike to new and existing customers from August 18. ANZs higher mortgage rates come into effect on Friday 12 August. The Reserve Bank of Australia RBA on Tuesday raised interest rates for the fourth month in a row.CBA Adjustable Rate Mortgages, as well as Fixed Term Deposit Accounts and This change will affect Nedbank savings accounts. Homeowners and investors in adjustable rate mortgages must pay an additional 0.5% interest each year. Read More..

B2B Tech News | 2 years ago        

German identity verification platform IDnow has raised €60 million from BlackRock

Munichbased identity verificationasaservice company, IDnow has secured a new debt facility worth €60 million from BlackRock. The new funding will en

Munichbased identity verificationasaservice company, IDnow has secured a new debt facility worth €60 million from BlackRock. The new funding will enable the startup to scale investments across a range of strategic initiatives, including the introduction of new identityproofing solutions and potential acquisitions. The company was founded in 2014 and serves over 900 sectorleading enterprise customers across multiple verticals with a coverage of 195 countries. Identity verificationasaservice company. The German platform aims to make the connected world a safer place and offers a suite of identityproofing solutions addressing a wide range of missioncritical use cases from low to high assurance levels. Read More..

B2B Tech News | 2 years ago        

Proto has raised $5.6 million in Series A to accelerate global expansion

Canadian company Proto has raised $5.6 million in Series A funding led by Mucker Capital to expand its AI Customer Experience AICX solution globally.

Canadian company Proto has raised $5.6 million in Series A funding led by Mucker Capital to expand its AI Customer Experience AICX solution globally. The company helps call center operators from the Philippines to Zambia, such as the National Bank of Rwanda, Bank of Ghana, and Medical City Clinic, automate customer experiences in local languages. Local languages ​​such as Cebuano, Kinyarwanda, and Twi lack machine learning resources and can be difficult for chatbots to understand. Proto addresses this challenge through a dataintensive nationwide deployment with chatbots powered by proprietary natural language processing NLP technology and regulators such as central banks of over 2,000 institutions in the private sector. Read More..

B2B Tech News | 2 years ago        

Borrowing costs are rising in Greece as banks lend to more viable businesses

Credit card payments in Greece increased by 32.1 percent year on year in the second quarter, reaching €14.7 billion $AU 20 billion. According to Kat

Credit card payments in Greece increased by 32.1 percent year on year in the second quarter, reaching €14.7 billion $AU 20 billion. According to Kathimerini, a portion of the increase was by the enormous rise in Greek tourism. According to the Bank of Greece, Greek loan portfolios should total between €160 and €180 billion, up from the current €112 billion. A portfolio of defaulted Greek hotel loans being offered for sale by debt collection agency Intrum has attracted the attention of foreign investors. Read More..

B2B Tech News | 2 years ago        

Indian Organization Charges Vivo with $280 Million Tax Evasion

An Indian government agency has accused Chinese company Vivo Mobile of evading 22.1 billion Indian rupees $280 million in tax. The tax evasion charge

An Indian government agency has accused Chinese company Vivo Mobile of evading 22.1 billion Indian rupees $280 million in tax. The tax evasion charge is the second indictment against a Chinese phone maker in India this week. Indias Directorate of Revenue Intelligence DRI detected customs duty evasion, following which it has issued a show cause notice to Vivo India.Vivo India did not immediately respond to the comment. The announcement follows similar action against Oppo, which is seeking a fee of 44 billion Indian rupees $556.57 million. Read More..

B2B Tech News | 2 years ago        

Australian market falls on profit

At the close, the S&P/ASX200 was down 22.11 points, or 0.32%, at 6,975.95. Overall, 9 of the 11 ASX sectors closed lower, with the consumer sector dow

At the close, the S&P/ASX200 was down 22.11 points, or 0.32%, at 6,975.95. Overall, 9 of the 11 ASX sectors closed lower, with the consumer sector down 1.23%, followed by consumer staples 0.9% and financials 0.88%. Information Technology was the best performing sector, growing by 2.18%, followed by Materials +0.35%. Financial shares fell after $3. Central Bank officials confirmed the need to raise interest rates to curb inflation, with the big four banks losing 0.41.6% at the risk of slowing growth. producer. On a yearoveryear basis, retail sales were up 12%. Read More..

B2B Tech News | 2 years ago        

Egyptian and Korean jets staged an air show over the Pyramids of Giza

Egyptian and South Korean aerobatics teams performed together for the first time at the Giza Pyramids area. The event was witnessed by 800 guests and

Egyptian and South Korean aerobatics teams performed together for the first time at the Giza Pyramids area. The event was witnessed by 800 guests and tourists on the pyramids plateau. The Egyptian Gazelle helicopters Horus Team and Paratroopers also took part in the show. South Korean Ambassador to Egypt, Hong Jinwook said it was an honour to see these two teams performing together. The Korean ambassador to Egypt has said that Korea will continue to bolster its bilateral relations with Egypt in all fields including S&T, infrastructure, trade, investment, and most importantly peopletopeople exchange. He pointed out that Koreas participation in EDEX 2021 and the exchanges of highlevel personnel resulted in creating momentum for defence industrial cooperation between the two countries. Read More..

B2B Tech News | 2 years ago        

Amazon Freevee expands to Germany

The service, which is supported by advertisements, debuted with Bosch: Legacy and other Amazon Freevee Originals, as well as live, thematically-progra

The service, which is supported by advertisements, debuted with Bosch: Legacy and other Amazon Freevee Originals, as well as live, thematically-programmed channels from BBC Food, BBC Travel, BBC History, X-Factor: Reliable, FilmRise products, Craction TV from Heaven to Highway.. Customers in Germany, both Prime and non-Prime, can access the service through the Prime Video app, website, and, shortly, a standalone Fire TV app. The service was introduced to the world for the first time in the UK last year. Germany has since been added to its global reach. Read More..

B2B Tech News | 2 years ago        



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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