Grit Daily Finance

  • Visa Looks to Buy EU-Based Tink for $2.1 billion
    Visa is reportedly in the market for Tink, the Swedish FinTech firm that is remarkably similar to Plaid – which Visa tried to buy already. In the US, the Justice Department opted to deny Visa the opportunity to buy Plaid. Now, Visa is working to buy a company that does... Read more »
  • VideoIs Venture Capital the Right Model for Investing in Africa?
    Whether venture capital is the right model for investing in Africa was the topic of a recent clubhouse chat which discussed funding models in Africa to support African innovation. The conversation consisted of a number of seasoned entrepreneurs and investors with experience investing in the continent. Panelists included Geetha Tharmaratnam, a... Read more »
  • AI-Enabled Data Control Revolutionizes Fintech
    Data Control Platforms Leverage Machine Learning & AI The financial crisis of 2007 – 2008 resulted in marked changes to the institutional financial sector landscape. Weaknesses were brought to light and financial institutions were forced to reevaluate how they were managing data and restructure as a result. Then 2020 brought... Read more »
  • Why Are You Blaming The System For Your Failure? How to Work It To Your Advantage
    There has been no better time to grab the system by the reins and leverage it to set up your own online business and make money from home. Hiding behind excuses has never propelled an entrepreneur to head-spinning success and financial freedom. There is an overflow of rules that can... Read more »
  • The Rise of Deflationary Crypto
    Why we’re seeing more and more projects move to a deflationary model. One of the most attractive propositions of the crypto market for institutional investment is the potential for an asset to be used as a hedge against inflation. As the stock market pumps itself up to dangerous levels, investment... Read more »
  • San Francisco’s Aquarium of the Bay Auctions Crypto NFTs of Giant Sea Bass
    In a big catch for NFT collectors, the San Francisco Aquarium of the Bay has announced a NFT (Non-Fungible Tokens) of their Giant Sea Bass through ViciNFT. The auction will not only name the Giant Sea Bass, but the NFT also consists of images throughout the bass’s lifetime. The auction... Read more »
  • Literary Agent to the Stars, Bill Gladstone Launched an NFT Company for Creators. Here’s Why He Might Be on to Something.
    What’s behind the intense interest in non-fungible tokens — or “NFTs” — as of late? In a trend that appears here to stay, creators and investors are tapping into both unlock and capture the intellectual property behind their favorite art. Artisans, from book authors to fine artists and musicians are... Read more »

    Business – ARY NEWS

  • China’s Sinovac evaluates new vaccine plant
    SANTIAGO: Chilean authorities said on Friday that China’s Sinovac had begun evaluating potential sites for the construction of a vaccine plant in Chile that could begin producing doses of the Chinese shot as early as the first half of 2022. Chile, a global leader in vaccinating its citizens against the... Read more »
  • Emirates launches new passenger service to Miami
    Emirates is connecting global business and leisure travellers with it’s first-ever passenger service between Dubai and Miami. The airline celebrated the inaugural flight of its four times a week service when it touched down in Miami at 1100hrs local time on July 22. Emirates flight EK213 was welcomed by Miami... Read more »
  • Twitter beats revenue targets with ad improvements
    Twitter on Thursday reported higher revenue growth than Wall Street had expected, as the social media platform rolled out ad targeting improvements to help brands reach potential customers. Shares of Twitter rose 5% to $73 in trading after the bell. Since the start of the year, Twitter has raced to... Read more »
  • Dubai uses artificial intelligence, high-tech to improve bus services
    Mattar Mohammed Al Tayer, Director-General and Chairman of the Board of Executive Directors of Dubai’s Roads and Transport Authority (RTA), revealed that RTA’s precautionary measures and initiatives applied to the scheduling and the operation of public buses, marine transit means and taxis had accelerated the community’s recovery from the COVID-19... Read more »
  • Marriage hall owners reject Sindh govt’s new Covid-19 restrictions
    KARACHI: Rejecting the fresh curbs imposed by the Sindh government in wake of the fourth Covid-19 wave in the province, the Marriage Halls Association on Friday announced to hold protests against the closure of wedding halls in Sindh province, ARY News reported. Rana Raees Ahmed, President of All Karachi marriage... Read more »
  • Mercedes-Benz ready to take on Tesla in all-electric car market
    LONDON: Mercedes-Benz maker Daimler plans to invest more than 40 billion euros ($47 billion) by 2030 to be ready to take on Tesla in an all-electric car market, but warned the shift in technology would lead to job cuts. Outlining its strategy for an electric future, the inventor of the... Read more »
  • Tourists throng Murree to enjoy last holiday of Eidul Adha
    ISLAMABAD: Hordes of tourists in Murree are enjoying second day of Eidul Adha along with their families and friends, ARY News reported on Thursday.  As per details, people in large number are reaching Murree and so far 38,000 vehicles have entered the Pakistan’s premier tourist site against the capacity of... Read more »

    IOL - Business Report

  • Chemicals in burnt SA warehouse caused ’considerable’ environmental damage - authorities
    CAPE TOWN - South African authorities said on Friday around 1 600 chemicals were stored at a warehouse of India's UPL Ltd when it was razed during violent looting last week, causing potentially harmful air emissions and a greenish-tinged effluent to seep into a protected lagoon.The warehouse was one of... Read more »
  • Eskom enhances its digital platforms by launching a chatbot, Alfred, and enhancing its app
    Power utility Eskom has announced that it has embarked on a digital journey to increase its availability to its customers.According to Eskom, it has enhanced MyEskom Customer app and the introduction of Alfred the Chatbot are the first of many new digital solutions to be launched in order to enhance... Read more »
  • Telkom Group CEO Sipho Maseko set to step down next year after 8 years
    SIPHO Maseko, the Telkom Group chief executive, has announced that he will be stepping down in March 2022.He said he had informed the board, and his final day of service will be on June 30, 2022. “In other words, after the annual results and on completion of my notice period.”Maseko... Read more »
  • Moti Cares and KZN premier trust collaborate in delivering 2 million meals
    The Moti Cares Foundation, a charitable trust founded by the Moti Group, has partnered with the KwaZulu-Natal (KZN) Premier Sihle Zikalala Development Trust to deliver two million meals, as well as sanitary towels, blankets, and PPE essentials to victims worst hit by food shortages and the destruction of supply chains... Read more »
  • Developing a strong support team is vital for the longevity of your business
    Sibulele Siko-ShoshaLet’s do a visualisation exercise for a minute. You are watching the Grammy’s, Beyoncé is winning yet another award. She looks beautiful; hair on fleek, body perfectly toned with all the bells and whistles. Now it’s time for her acceptance speech. The Creator is thanked first then a sea... Read more »
  • This proptech platform wants to help you find your next property
    Local proptech company Flow wants to help you find your next property.The online rental platform’s new behavioural search feature aims to make searching for your dream home simpler and more effective.Once a user has shown an interest in something property-related, the company’s retargeting function suggests personalised and relevant content and... Read more »
  • Naspers Foundry invests in insurtech firm
    NASPERS, the internet group, has put R34 million into the insurtech sector in digital insurance advice platform, Ctrl, as part of the group’s R1.4 billion commitment to grow early-stage tech companies through its tech investment vehicle, Naspers Foundry.Ctrl is a digital short-term insurance advice platform that was founded in 2017.... Read more »
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