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FinTech solves banking bottlenecks and empowers unbanked Egypt with mobile technology.

Until recently, transfers between accounts in Egypt could take up to three days. The North African countrys high proportion of cashrich and unbanked p

Until recently, transfers between accounts in Egypt could take up to three days. The North African countrys high proportion of cashrich and unbanked populations still limits financial inclusion. Frans van Ersel, CEO of FinTech startups focused on the Middle East and North Africa, addresses this issue headon. Thunders digital investment platform offers unbanked individuals in Egypt and the wider MENA region the ability to invest in a variety of stocks, bonds, and funds through a mobile app. Company founder Saif Amr said the company can now open accounts for employees and beneficiaries and make payments in realtime, including on weekends and holidays. It means you can onboard an employee in seconds. Read More..

B2B Tech News | 3 years ago          

Top 5 Cryptocurrencies and Blockchain Investment Banks

The banking sector is also looking for a piece of the cryptocurrency pie, which is currently worth more than $ 1 trillion.61 of the top 100 banks have

The banking sector is also looking for a piece of the cryptocurrency pie, which is currently worth more than $ 1 trillion.61 of the top 100 banks have so far invested in the cryptocurrency and blockchain ecosystem. Goldman Sachs funneled approximately $ 698 million into the crypto space between August 2021 and May 2022. The Commonwealth Bank of Australia pumped approximately $ 421 million into four different cryptocurrency and blockchain companies. Goldman Sachs was part of a $ 350 million Series D loan for Anchorage Digital. The bank is also a major investor in Fireblocks, an institutionalfocused cryptocurrency custodian. Read More..

B2B Tech News | 3 years ago          

Kenya rejects proposed port deal with Dubai

Kenya has rejected the commitments made to Dubai Port DP World in a July tender. The four ports in the nation were to be developed, operated, and mana

Kenya has rejected the commitments made to Dubai Port DP World in a July tender. The four ports in the nation were to be developed, operated, and managed by the UAEbased company. In an agreement signed between the two states, Kenya agreed to give DP World preference. When the government floated an international competitive tender to concession the second container terminal in Mombasa in 2014, DP World first entered the fray in Kenya. Lamu Port has the potential to act as a regional hub for foreign investors but has not yet announced any port management tenders. Read More..

B2B Tech News | 3 years ago          

Google Cloud announced its first region in Mexico

Today, Google Cloud revealed plans for its first cloud region in Mexico, which will be the companys third in Latin America after So Paulo, Brazil, and

Today, Google Cloud revealed plans for its first cloud region in Mexico, which will be the companys third in Latin America after So Paulo, Brazil, and Santiago, Chile. Plans for Googles first cloud region in Mexico were announced. Google will be able to provide better local user service thanks to the new region, which will be its 35th. Microsoft Azure also announced plans to launch a region in the nation in 2020, though it hasnt done so yet. Read More..

B2B Tech News | 3 years ago          

Coalition amendments to allow renewable energy companies to fund fossil fuel projects to be phased out

The Australian Renewable Energy Agency Arena will no longer be able to finance some fossil fuel developments. The change comes as negotiations continu

The Australian Renewable Energy Agency Arena will no longer be able to finance some fossil fuel developments. The change comes as negotiations continue on a bill that would reduce greenhouse gas emissions by 43% by 2030. Greens leader Adam Bandt said he was disappointed that Anthony Albanian News Corp. said the ban on new Australian coal and gas mines would increase global emissions. The Australian government has changed the mandate of its renewable energy agency, Arena, to avoid funding new coal and gas projects. It is the third time that the coalition has tried to change Arenas mandate the two previous attempts have been blocked in the Senate. Bandt said the prime minister used the same procoal talking points as his predecessor Scott Morrison. Read More..

B2B Tech News | 3 years ago          

US Sues Former Coinbase Executive in First Cryptocurrency Insider Trading Case

Cryptocurrency exchange product manager Ishan Wahi and his brother Nikhil Wahi were arrested in Seattle on Thursday. He and his third accused friend,

Cryptocurrency exchange product manager Ishan Wahi and his brother Nikhil Wahi were arrested in Seattle on Thursday. He and his third accused friend, Samir Ramani, face civil action from the US Securities and Exchange Commission SEC. According to prosecutors, Ishan Wahi shared confidential information about upcoming announcements of new crypto assets to be traded on his exchange. Nikhil Wahi, 26, and Ramani, 33, used Ethereum blockchain wallets to purchase assets and made at least 14 transactions between June 2021 and April 2022, for Coinbases illgotten gains announcement, earning at least 1.5 million dollars. Read More..

B2B Tech News | 3 years ago          

Russia plans to acquire 76 Su57 stealth fighters by 2028. Run in Upgrade Comm Suite for improved performance

Russian state media TASS reported on the next test on July 21, referring to the Ruselectronics group of the stateowned technology company Rostec. Acc

Russian state media TASS reported on the next test on July 21, referring to the Ruselectronics group of the stateowned technology company Rostec. According to the report, the Russian Air Force will have 22 Su57s by the end of 2024 and 76 by 2028. Fewer than 20 of them are estimated to be in operation, and only about 12 are in operation. The Sukhoi Su57 is a fifthgeneration Russian multirole fighter aircraft capable of destroying air, ground, and naval targets. The aircraft can reach supersonic cruise speeds and is equipped with the most modern radio electronics. It combines the capabilities of a jet fighter and attack aircraft and has an integrated wingfuselage. Read More..

B2B Tech News | 3 years ago          

The British Tempest fighter project remains uncertain about its European rivals

Tempest did a great job at their previous event in Farnborough in 2018. The consortium hopes to develop a revolutionary fighter jet that can be connec

Tempest did a great job at their previous event in Farnborough in 2018. The consortium hopes to develop a revolutionary fighter jet that can be connected to drones and other military assets through a battle cloud. After Russias invasion of Ukraine, the concept of competing for FCAS in Europe faded as countries built up their armed forces. Europes Future Combat Air Systems FCAS project, supported primarily by France and Germany, has suffered a setback over the past year. Berlin, Paris, and Madrid launched FCAS for the first time in the summer of 2017 and aim to develop their own fighter jets by 2040. The total bill is anticipated to be 100 billion euros, which is too expensive to be funded by a single country. Read More..

B2B Tech News | 3 years ago          



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