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Latest: Fintech News

Russia Won’t Release Names of Banks on SWIFT Alternative
Russia Won’t Release Names of Banks on SWIFT Alternative

Several Russian banks have been banned from SWIFT after Moscow invaded Ukraine on February 24 as part of wider western penalties

China’s Ant Group to be Majority Owner of Payments Firm 2C2P
China’s Ant Group to be Majority Owner of Payments Firm 2C2P

The deal will lead to the integration of Ant's Alipay+ payment service with 2C2P's platform used by merchants in Asia, Europe, the Middle East and the Americas

Sony, Nikon, Adobe, Others Combine to Thwart Deepfakes – Nikkei
Sony, Nikon, Adobe, Others Combine to Thwart Deepfakes – Nikkei

The Coalition for Content Provenance and Authenticity (C2PA) is in the process of creating an open standard, which will work with any software and highlight evidence of tampering

TikTok Faces US Probe Over Child Sex Content – FT
PE Company Could Make Rival Twitter Bid – New York Post
China Bans Unregulated Streaming of Video Games
Elon Musk Offers to Buy Twitter for $41bn, Shares Jump
Meet the Top 10 India Crypto Influencers on Social Media
Tencent to Deny Chinese Gamers Access to Foreign Titles
TSMC Posts 45% Quarterly Profit Jump Amid Chip Demand

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Fintech: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors