Technology

Technology
Companies Scaling Back Tech Hardware Budgets, Analyst Says
July 17, 2022

With inflation still rising, there have been more instances of corporate board rooms looking at trimming capital expenses. As a result, there’s been news attention surrounding how consumers are dealing with it all. Companies have been looking at delaying big tech purchases which might not...

Technology
Banks Take Fresh Look at FinTech Acquisitions to Improve Customer Efficiencies
July 15, 2022

Banks are accustomed to vying with FinTechs for customers, but increasingly, they’re partnering with them as a way to win new businesses and better serve their customers. Access to FinTechs’ technology and speed to market is driving that evolution. While banks may not have the...

Technology
5G Powers Immersive Events at Baseball’s All-Star Week
July 14, 2022

5G will be among the stars at events being held during Major League Baseball (MLB) All-Star Week in Los Angeles, July 15-19. T-Mobile announced Wednesday (July 13) that it will be using 5G-connected technologies to create several innovative experiences for fans during the events. “At...

Technology
FinTechs Force CFOs to Rethink ROI of Digital Strategies
July 14, 2022

Changing the way larger enterprises — the biggest of the big, the ones that have been around for decades — operate brings that old adage to mind about turning a battleship. Change is slow, takes a long time and usually involves a large crew toiling...

Technology
PYMNTS GCC Series: Partnerships, PayTech Innovation Move Kuwait Into Digital Era
July 13, 2022

In this third installment of the PYMNTS series on the state of FinTech innovation in the Gulf Cooperation Council (GCC) countries, we turn our attention to the State of Kuwait, one of the wealthiest countries in the world by gross national income per capita, according...

Technology
Today in TechREG: Global Regulators Calls for Interoperable Stablecoins, CBDC; FCA Urges Banks to Treat...
July 13, 2022

Today in TechReg news, the Bank for International Settlements and the International Organization of Securities Commissions published recommendations for central banks to make stablecoins more centralized and accountable, like other payment systems The U.K. Financial Conduct Authority is warning retail banks to improve their treatment...

Technology
US, EU Subsidies and Regulation Key to Lure Chip Manufacturers 
July 13, 2022

Global supply chain disruptions have hit most of the industries in the United States and Europe, but one industry that has been particularly affected and has raised sovereign concerns is the chips industry.   Policymakers in the U.S. and Europe have warned about their dependency on...

Technology
Today in TechREG: EU Data Regulators Discussed Meta´s EU Future; BIS Study Finds Lack of...
July 12, 2022

Today, the European Data Protection Board (EDPB) held a plenary session and Meta’s future in Europe may be on the agenda. The national data protection regulators may discuss the implications of the decision issued by the Irish authority that would prevent Meta from transferring EU...

Technology
Smart Cars Protect Your Pet While You’re Running Errands
July 12, 2022

Electric vehicle manufacturer Rivian is among those that are deploying technology to protect the occupants of vehicle passenger compartments. In the case of Rivian, it has used its most recent software update to add Pet Comfort, a suite of features meant to protect pets that...