What’s New Today: Qualcomm Teases Snapdragon X Chip for Budget Windows Devices
Fast-Track Insights: How B2B Fintech Is Transforming Banking Technology
Here’s a quick rundown of the biggest tech headlines making waves today. From the Qualcomm Teases Snapdragon X Chip to ESIC Recruitment 2024, let’s dive into the top tech stories of the day.
Qualcomm has teased the Snapdragon X chip for budget-friendly Windows devices, expected to target the $600 price range. While unofficial, it’s speculated to feature a 6-core CPU and include an NPU, a significant addition typically reserved for high-end chips. This NPU integration aims to make Copilot+ PCs more accessible on affordable Windows laptops, giving Qualcomm an edge over competitors. Currently, Qualcomm offers the Snapdragon X Elite with 12 cores and the X Plus with 8-10 cores. Further details, including market availability, remain unconfirmed, but updates are anticipated at CES next year. Qualcomm’s move highlights its focus on budget-conscious users.
Fintech has evolved from a buzzword to a transformative force in financial services, particularly in B2B banking tech. Unlike consumer-focused fintech, B2B solutions address complex institutional needs, enhancing efficiency, security, and compliance. Key innovations include digital customer lifecycle management, automation of large-scale tasks, streamlined digital lending, secure payment platforms, and enterprise-specific workflows. Emerging technologies like AI, blockchain, and APIs enable seamless integrations and real-time insights in treasury management, trade finance, and core banking systems. Additionally, Regtech ensures regulatory compliance through automation. As digital demand grows, B2B fintech drives operational excellence, reshaping financial services and meeting modern business expectations.
The Employees State Insurance Corporation (ESIC) is recruiting for 35 contractual positions, including Super Specialist, Specialist, and Senior Resident roles, for 2024. Candidates aged 45 to 74 years, depending on the post, are eligible. Contracts will initially last one year, extendable annually up to three years based on performance. Selection will be through an interview conducted by the Selection Board. Interested candidates must appear for the interview on the specified date with a properly filled application in the prescribed format. These roles offer an opportunity for professionals to contribute across various departments within ESIC.
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South Korea's Financial Services Commission (FSC) Chairman Kim Byoung-hwan emphasized the need for government oversight of unfair transactions in the volatile cryptocurrency market, especially as crypto trading surpassed stock market volumes. The government aims to connect virtual assets with the traditional financial system while protecting investors. Meanwhile, South Korea confirmed North Korean hackers' involvement in the 2019 theft of 342,000 Ethereum tokens worth 58 billion won, now valued at 1.47 trillion won. North Korea sold 57% of the stolen tokens for Bitcoin below market value, laundering the remainder through various exchanges. This marks the first confirmation of North Korea's crypto-related crimes.