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Finance

Ascend Money wants to finance the 10 million-plus Thais currently being ignored by traditional banks stuck in the past

Tanyapong Thamavaranukupt, co-president of Thai fintech Ascend Money, sees spending patterns—like magazine subscriptions or mobile bills—as a signal of creditworthiness, particularly in markets like Southeast Asia which have both a large underbanked population and underdeveloped financial institutions. “We don’t rely on traditional data to make our loan decisions,” he told Fortune. Instead, Ascend Money’s lending …

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Leaders, It’s Time to Build Your Tolerance for Uncertainty

Harvard Business Review Logo HBR Staff/filadendron/Getty Images As we move into 2026, many leaders are fretting about the uncertain business environment. Given the transformational nature of AI, geopolitical instability, or economic disruption, it’s hard to plan for the future. According to an academic project that has tracked global economic policy uncertainty since the 1980s, the …

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Gen AI Is Threatening the Platforms That Dominate Online Travel

Illustration by Mario Wagner More than two decades ago, the rise of the internet economy produced a new generation of intermediaries that reshaped industries. Aggregators like Expedia and Booking.com in travel, Zillow in real estate, and Indeed in recruiting upended established channels, creating digital marketplaces that connected fragmented supply with mass demand. Read More

BoJ’s Ueda says rate-hike path intact if economy, prices, wages develop in line

Bank of Japan (BoJ) Governor Kazuo Ueda said that he still intends to lift interest rates if economic and price development are in line with the forecast, wages and prices rise moderately, Bloomberg reported on Wednesday.  Key quotes We will keep raising rates and adjust the degree of monetary easing in line with the improvement …

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Forex Today: US Dollar regains ground, eyes on US Retail Sales, PPI data

The US Dollar (USD) recovers some lost ground against its major counterparts on Wednesday, bolstered by US Consumer Price Index (CPI) inflation data that firms up ‌expectations that the Federal Reserve (Fed) will remain on hold later this month.  US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed …

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NEAR AI Joins NVIDIA Inception Program to Advance Verifiable Enterprise Computing

TLDR: NEAR AI gains access to NVIDIA’s GPU resources and developer tooling through the Inception Program partnership. The collaboration focuses on building privacy-preserving AI systems for regulated industries like finance and healthcare. NVIDIA Confidential Computing protects sensitive data during computation using hardware-isolated execution environments. The platform combines cryptographic verification with confidential computing for independently auditable …

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