Tag "bigtechs"

Facebook Readies Novi Launch; Digital Currency Wallet Could Support NFTs

Facebook is preparing for the launch of Novi, a digital currency wallet that will be integrated into its multiple apps. David Marcus, the head of Facebook Financial (F2), the internal group developing the digital wallet, said Novi could be supporting

Read More

AI to Unlock US$1T of Additional Value Each Year for Banks: McKinsey

For global banking, artificial intelligence (AI) could potentially deliver up to US$1 trillion of additional value each year, boosting revenues through increased personalization of services, lowering costs through efficiencies, and uncovering new and previously unrealized opportunities through the use of

Read More

Insurance Report: Consumers Turn to Non-Traditional Players, Bigtechs Amid COVID-19 Crisis

Amid the COVID-19 pandemic, consumers are increasingly turning to non-traditional players including bigtechs and product manufacturers such as Tesla for innovative, personalized insurance offerings, and enhanced customer experience, according to the Capgemini and Efma’s newly released World Insurance Report 2020.

Read More