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Twitter Developing Video App for Smart TVs BY PYMNTS | JUNE 18, 2023 | Twitter’s plans include a video app for smart TVs. Owner Elon Musk said this Saturday (June 17) in response to a tweet that said: “We really need a Twitter video app for Smart TVs. I’m not watching an hourlong video on Twitter.” “It’s...

IBM and Adobe Expand Partnership With Generative AI Focus BY PYMNTS | JUNE 19, 2023 | IBM and Adobe are expanding their partnership to help brands create content with artificial intelligence (AI). The collaboration, announced Monday (June 19), will see IBM Consulting debut a portfolio of Adobe consulting services to help customers “navigate the complex generative...

ACI Worldwide Offers Instant Payments to UK and EU Merchants BY PYMNTS | JUNE 19, 2023 | ACI Worldwide has launched its instant payments solution for merchants in Europe and the U.K. ACI Instant Pay will let merchants in these areas accept instant online, mobile and in-store payments by integrating with the real-time company’s payment orchestration...

BofA: Crypto Sentiment 'Remains Poor' Following SEC Actions BY PYMNTS | JUNE 19, 2023 | Recent regulatory action against the cryptocurrency sector continues to pressure token prices. That’s according to recent research by Bank of America, which — as CoinDesk reported Monday (June 19) — finds that pressure coming from uncertainty in the wake of legal...

Report: Credit Card Delinquencies Rise as Consumers Drain Savings BY PYMNTS | JUNE 19, 2023 | Your card bill might read “2023,” but for credit card delinquency rates, it’s 2019. As Seeking Alpha noted in a report Monday (June 19), those rates now exceed pre-pandemic levels for at least three card companies: Capital One, Discover and...

SVB Customers in Asia Still Stuck With Outstanding Loans BY PYMNTS | JUNE 19, 2023 | Silicon Valley Bank customers in Asia are reportedly facing dual headaches following the lender’s collapse. These customers had their deposits seized by the Federal Deposit Insurance Corp. (FDIC) and — as The Wall Street Journal (WSJ) reported Monday (June 19)...

Apparel Producers Prep for Shrinking Sales as Consumers Cut Back BY PYMNTS | JUNE 19, 2023 | Clothing brands are reportedly cutting back on orders in anticipation of weakening sales. As Bloomberg News reported Friday (June 16), factory owners say they’ve seen significant declines in retailers’ holiday orders, with at least one company that works with...

BETTER BUSINESS Profit vs sustainability: Reconciling the sustainable transformation myth Jun 14, 2023 Sustainability is increasingly perceived by business leaders as an important aspect of value creation. Sustainability is increasingly perceived by business leaders as an important aspect of value creation. Image: Thomas Barwick/Getty Images Jill Rademacher Head of Social Impact, Foundations, World Economic Forum Debra McCormack Global Board Effectiveness and Sustainability Lead, Accenture Dominic King Senior Principal, Accenture Research Cyrus...

CYBERSECURITY 5 ways to manage third-party cyber risk Jun 14, 2023 Third-party risk management is not just an IT issue - cyber risk When it comes to cyber risk, third-party risk management is not just an IT issue. Image: Unsplash/Philipp Katzenberger Jan Bau Vice-President of EMEA, SecurityScorecard Share: OUR IMPACT What's the World Economic Forum doing to accelerate action on Cybersecurity? THE BIG PICTURE Explore and monitor how Cybersecurity is affecting...

FOOD SECURITY Response to high food and energy prices should focus on most vulnerable - IMF Jun 14, 2023 This article was originally published by the International Monetary Fund . High energy and food prices are a major concern for policymakers around the world. Prices for wheat are up 54% from a year earlier. Image: Pexels/Michael Sawyer David Amaglobeli Deputy Division Chief in Fiscal Affairs Department, IMF Emine Hanedar Economist...

LEADERSHIP How to speak without jargon and get yourself heard: Tips from Meet the Leader Jun 15, 2023 What COVID taught one epidemiologist about speaking to build trust, without jargon What COVID taught one epidemiologist about speaking to build trust, without jargon Image: World Economic Forum Joe Myers Writer, Forum Agenda Share: OUR IMPACT What's the World Economic Forum doing to accelerate action on Leadership? THE BIG PICTURE Explore and monitor...

CLIMATE AND NATURE A record number of people are now internally displaced. What does this mean and why are numbers rising so fast? Jun 15, 2023 A general view shows people walking along a road in Rhoe camp for the internally displaced people (IDPs) in Djugu's territory, Ituri's province, north-east of the Democratic Republic of Congo April 20, 2023. REUTERS/Paul Lorgerie Globally, 71.1...

AIVisualizing the Top U.S. States for AI JobsPublished 3 weeks ago on May 26, 2023 By Marcus Lu Graphics/Design: Joyce Ma top states for AI jobs Visualizing the Top U.S. States for AI Jobs Much ink has been spilled over fears that artificial intelligence (AI) will eliminate jobs in the economy. While some of those fears may be well-founded, red-hot interest in AI innovation is...

INVESTOR EDUCATION10-Year Annualized Forecasts for Major Asset ClassesPublished 5 days ago on June 14, 2023 By Marcus Lu 10-year annualized forecasts for major asset classes 10-Year Annualized Forecasts for Major Asset Classes While there’s no way of predicting the future, quantitative models can help us come up with a general idea of how different asset classes may perform in the future. One example is...