Blockchain is set to shake up the worldwide payments system for the better, amid growing adoption of cryptocurrencies like Bitcoin, and a flurry of financial innovation as central banks push to develop
Efforts to attract big tech and fintech firms resulted in reputable companies relocating to the island with expectations that 2022 promises to be another boom year. Invest Cyprus, the state agency to
Insurers must innovate to sustain profits and growth as technology alters consumers’ insurance needs and changes the way they buy protection, Moody’s Investors Service said in a new report. Rapid take-up of
Cyprus and Greece have signed a Joint Declaration of Intent for cooperation in a transnational program on research and innovation for digital transformation and sustainable economies. The Joint Declaration was signed by
Mainly because of the rapid development of technology, visually impaired people can now use assistive technologies relatively often. Many individuals with disabilities do not only face everyday problems, but they also encounter
To strengthen Cyprus’ science and business community, the Research & Innovation Foundation (RIF) has launched a new €15 mln funding programme to improve poor performance in this sector. Four new programmes, each
The Cyprus government will spend €400 mln by 2030 to revitalise communities in mountainous and remote areas, interior minister Nicos Nouris said on Friday. He added that a new annual allowance will
By Demetra Molyva Cyprus Seeds is a pioneering, non-profit organisation based in Nicosia. Its mission is to assist the commercialisation of innovative research from Cypriot universities and place Cyprus on the world map of
Cypriot start-up EMBIO Diagnostics is among five winners of the first online Start-up Innovation Challenge by the European Bank for Reconstruction and Development (EBRD) to encourage creative and innovative responses to COVID-19. Some 226 companies from 30 countries
By Sandra Nebritova This month, the Securities and Exchange Commission (CySEC) published a consultation paper on improving the facilitation of customer due diligence with innovative technologies. This opens a completely new chapter
