Interlinking fast payment systems is widely seen as a means to enhance global cross-border payments and reduce costs, but Christopher Waller said that it could pose an increased risk management burden for banks participating in it.
Once the dominant force in chipmaking, Intel has in recent years ceded its manufacturing edge to rival TSMC and missed out on the generative artificial
Other so-called Magnificent Seven members Meta Platforms and Microsoft also reported earnings earlier this week and warned on AI-related infrastructure costs, dragging the Nasdaq down
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