Business

What makes FinTech solutions succeed? We built a model based on Ghana’s experience

Nearly a quarter of adults in the world do not have access to a basic bank account. Financial technology (FinTech) innovations, such as mobile money, are one way to bridge this gap. Examples include M-Pesa in Kenya, Oi Paggo in Brazil and TCASH in Indonesia. All provide individuals with cheaper, easier, faster and more efficient...

Central Bank of the UAE prepares to gain insurance powers

The Central Bank of the United Arab Emirates is preparing to gain new powers over insurance, as part of the government’s ambition to make it one of the top 10 central banks globally. The central bank has commenced “operational procedures” to merge with the insurance authority, the CBUAE said in a statement on January 27. The...

Investor group to pressure utilities on net zero emissions deadline By Reuters

2/2 © Reuters. FILE PHOTO: Smoke and steam billow from Belchatow Power Station, Europe’s largest coal-fired power plant, operated by PGE Group, at night near Belchatow, Poland December 5, 2018. REUTERS/Kacper Pempel/File Photo 2/2 By Jessica DiNapoli NEW YORK (Reuters) – A coalition of investors with more than $60 trillion in assets under management is...

IMF

IMF WEO Global Growth Forecast IMF

IMF WEO Global Growth Forecast

The IMF has downgraded its global growth forecast slightly to 5.9% for this year in its World Economic Outlook, warning that ongoing pandemic is widening divergence between countries with access to adequate supplies of vaccine and those without. “The global recovery continues but the momentum has weakened, hobbled by the pandemic. Fueled by the highly...

Techno

DIGITAL SME’s Brussels office welcomes two new staff members

Two new professionals will reinforce our team. Welcome Alessandra and Sophie! While big tech companies spend record amounts on lobbying in Brussels, associations that represent the interests of small and medium enterprises are few and far between. Nonetheless, recognition of the importance of SMEs and their representative organisations is growing. Together, we can make a...

European AI Act – Possible risks for innovative European SMEs?

European AI regulation is on the way: the draft proposal for a European Act published in April 2021 is now in the hands of the European Parliament for deputies to discuss and vote. While DIGITAL SME welcomes a harmonised European approach, we fear the current proposal could burden innovative European SMEs. The complex and costly...

SME powered blockchain innovation comes to stage – DIGITAL SME Blockchain Summit 2021 (Event report)

In the first panel, the speakers first discussed the issue of regulation.  “It is crucial to understand the true nature of decentralised networks and to adopt a principle-based-approach regulation”, said Almudena de la Mata, Director General at Blockchain Intelligence. We should not forget that we want to build this future in a sustainable and human-centred way and based on...

Sophie Tsotridis – European DIGITAL SME Alliance

AI Researcher Contact: s.tsotridis@digitalsme.eu Sophie holds a master’s degree in innovation management from Sciences po (Paris), and has started her career as a Product Manager in various tech teams. She has worked with both large corporations and start-ups, developing B2C/B2B digital products. She is now part of the CISC Marie Curie International Training Network, and is...

Economy

Competitiveness Council (Internal market and industry)

Main results Making the most of recovery: A more dynamic, resilient and competitive European industry through investments in the green transformation #CleanIndustry Ministers held via video conference an informal policy debate on how to make the most of the EU’s recovery plan to achieve a more dynamic, resilient...

Commission disburses €14 billion under SURE to nine Member States

The European Commission has disbursed €14 billion to nine Member States in the fourth instalment of financial support to Member States under the SURE instrument. by : europa.eu/newsroom on 2021-02-01 23:00:00 Source link #Commission #disburses #billion #Member #States

State aid: Commission approves €31.9 billion Italian scheme to support companies affected by the coronavirus outbreak

European Commission Press release Brussels, 15 Oct 2021 The European Commission has approved a €31.9 billion Italian scheme to support companies affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework. by : European Commission on 2021-10-14 22:00:00 Source link #State #aid #Commission #approves #billion #Italian #scheme #support #companies #affected...

World

OECD appoints Yoshiki Takeuchi as new Deputy Secretary-General

  15/09/2021 – Yoshiki Takeuchi has been appointed as a new Deputy Secretary-General at the Organisation for Economic Cooperation and Development replacing outgoing Deputy Secretary-General Masamichi Kono. Mr Takeuchi, a Japanese national, is currently serving as Special Advisor to Japan’s Minister of Finance after a distinguished career over nearly four decades at the Japanese Ministry...

United Bank for Africa a traîné Credit Suisse en justice, au sujet du scandale du Mozambique

(Agence Ecofin) – De possibles négociations sont annoncées entre Credit Suisse et la justice américaine, au sujet des détournements sur un prêt octroyé à des entités au Mozambique en 2013. On apprend aussi que UBA a présenté un recours contre le groupe suisse. United Bank for Africa (UBA) a initié le 3 juin 2021, un...