Amazon Ditches Just Walk Out Technology for US Fresh Stores

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Amazon is ditching the Just Walk Out Technology in its Fresh grocery stores in the United States. However, the tech giant asserts that it is not giving up on the technology behind this… Continue reading Amazon Ditches Just Walk Out Technology for US Fresh Stores

Published
Categorized as Markets

Monetary Authority of Singapore Launches COSMIC to Support Information Sharing

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Monetary Authority Singapore has announced the launch of COSMIC. The latter is a centralized digital platform looking to help financial institutions share customer information to address the risks of money laundering, terrorism… Continue reading Monetary Authority of Singapore Launches COSMIC to Support Information Sharing

Published
Categorized as Markets

Rakuten Group and Rakuten Group Sign MOU to Consolidate Financial Units

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Rakuten, one of the largest financial conglomerates in Japan, has announced plans to consolidate its fintech operations into a single and consolidated platform. The plan announced by Rakuten seeks to boost synergy while… Continue reading Rakuten Group and Rakuten Group Sign MOU to Consolidate Financial Units

Published
Categorized as Markets

J.P. Morgan’s Wealth Plan Enables Chase Customers To Craft One Million Plans

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Morgan Wealth Management’s Wealth initiative has enabled users to craft over 1 million personalized plans, reaching this achievement within a year since its debut. Wealth Plan, accessible for free in the Chase Mobile… Continue reading J.P. Morgan’s Wealth Plan Enables Chase Customers To Craft One Million Plans

Published
Categorized as Markets

Westpac Reveals Technology Upgrade With Billions

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Westpac, an Australian financial institution, has revealed its plan to inject billions of dollars into the simplification of its technology infrastructure. This major project is expected to be completed in the next four… Continue reading Westpac Reveals Technology Upgrade With Billions

Published
Categorized as Markets

Banks Advised To Include AI In Risk Management Strategies

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. An announcement from the United States Treasury has advised banks to strengthen their risk management practices to prevent being engulfed by AI-driven cybercriminals and fraudsters. The report, which was called for by an… Continue reading Banks Advised To Include AI In Risk Management Strategies

Published
Categorized as Markets

Interactive Brokers Records Strong Market Activity With 17% March DARTs Surge

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Interactive Brokers has presented its monthly performance results for March 2024, indicating performance differences. The brokerage company revealed 2.412 million daily average revenue trades (DARTs), signifying an upsurge of 17% and a drop… Continue reading Interactive Brokers Records Strong Market Activity With 17% March DARTs Surge

Published
Categorized as Markets

Paynetics Buys UK Neobank Novus to Focus on ESG Offerings

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Paynetics, one of the leading financial service providers, has announced the acquisition of a UK-based neobank known as Novus. Paynetics’ acquisition of Novus comes as the financial company sets its sights on environmental,… Continue reading Paynetics Buys UK Neobank Novus to Focus on ESG Offerings

Published
Categorized as Markets

Westpac Commences a Technology Overhaul to Upgrade Its Systems

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Australian bank Westpac is planning to spend billions of dollars over four years to upgrade its technological infrastructure. The bank has been dealing with years of slow technological infrastructure. In its planned overhaul,… Continue reading Westpac Commences a Technology Overhaul to Upgrade Its Systems

Published
Categorized as Markets
European Union flags fly outside the European Commission headquarters in Brussels, Belgium, April 10, 2019. REUTERS/Yves Herman

EU Banks Discouraged By Short Deadline to Offer Instant Payment Services

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Banks operating in the European Union have until January 2025 to provide instant payment services. The new guidelines are affecting a majority of banks in the UK. A third of EU banks currently… Continue reading EU Banks Discouraged By Short Deadline to Offer Instant Payment Services

Published
Categorized as Markets