A federal judge has set a deadline of August 2025 to determine the penalties for Google’s internet search monopoly. This decision marks a significant turn in an antitrust lawsuit that...
Category: News
Everything You Need to Know Ahead of Google’s Antitrust Trial
The highly anticipated antitrust trial against Google, initiated by the U.S. Department of Justice (DOJ), is set to reshape the landscape of digital marketing and search engine operations. The trial,...
Channel Banks No Place for Livestock
Farmers in the Goulburn-Murray region are being urged to keep their livestock off channel banks to prevent damage and improve water delivery. Livestock have been found to cause significant structural...
OCBC’s New Digital Banking Account for Children Sparks Concerns Among Some Singaporeans
OCBC Bank has announced the launch of its new digital banking account for children aged 7 to 15, set to be available from October 20, 2024. The OCBC MyOwn Account...
Banks Lend N2.3tr to Businesses as Inflation Weakens Purchasing Power
Nigerian banks have extended loans totaling N2.3 trillion to businesses in an effort to support economic activities amid rising inflation. This significant lending comes as businesses struggle with weakened purchasing...
Australian Shares Tick Higher as Banks Gain, US Jobs Data in Focus
Australian shares edged higher on Friday, buoyed by gains in the banking sector as investors awaited a crucial US jobs report. The S&P/ASX 200 index rose by 0.1% to 7,992.3...
DBS Names Calvin Ong as Head of Consumer Banking in Singapore
DBS has announced the appointment of Calvin Ong as the new head of consumer banking in Singapore, effective January 1, 2025. Ong will succeed Jeremy Soo, who is set to...
Bad Loans Expected to Hit Banks Hard This Year
The banking sector in Thailand is bracing for a challenging year as bad loans are expected to rise significantly. Analysts predict that the deterioration in asset quality will continue, driven...
Assurances Sought on How Wick Banking Hub Will Work
The Royal Burgh of Wick Community Council has raised several questions regarding the operation of the proposed banking hub in Wick. This initiative comes in response to the impending closure...
The Top Use Cases for Gen AI In Your Banking Contact Center
Generative AI (Gen AI) is revolutionizing the banking contact center landscape by enhancing customer service, streamlining operations, and providing real-time support. This advanced technology leverages machine learning models to generate...