Strivr, an enterprise extended reality (XR) platform, has unveiled a turnkey, off-the-shelf immersive learning bundle for retail banking and financial services. Strivr, founded in 2015 and incubated at Stanford University, has launched the Strivr XR Training Bundle for retail banking. The collection of modules, informed by Strivr’s experience with major North American financial institutions, includes pre-built, immersive experiences […]
Category: Top News
Nuke From Orbit Sets Out to Help Banks Protect Customers’ Mobile Devices With Partner Portal
Looking to expand its partner community, Nuke From Orbit has launched its Partner Portal to make it easy for prospective firms to protect their customers from mobile device theft. Nuke From Orbit enables users to cancel bank cards, secure digital accounts (banking apps, email, digital wallets, social media, etc.) and block their SIM in a single action. Potential […]
SoftBank Plans Supercomputer With Nvidia Blackwell Chips
SoftBank Group Corp. will be the first to build a supercomputer with chips using Nvidia Corp.’s new Blackwell design, a demonstration of the Japanese company’s ambitions to catch up on AI. SoftBank’s telecom unit plans to build Japan’s most powerful AI supercomputer to support a wide range of local services, the two companies said. That […]
Virgin Money Launches Mobiliser Fund to Help Struggling Firms Meet ESG Targets
New research from banking and financial services company, Virgin Money has found that there is a gap between SME decision makers’ awareness of environmental, social and governance (ESG) targets and the actions being taken to achieve them. Virgin Money found that 71 per cent of decision-makers acknowledge that adopting ESG practices is important to their customers. However, only […]
European markets head for higher open; U.S. inflation data in focus
European stocks are expected to open positive territory Wednesday, with global markets focused on upcoming U.S. inflation data. The U.K.’s FTSE 100 index is expected to open 36 points higher at 8,056, Germany’s DAX up 38 points at 19,081, France’s CAC up 11 points at 7,356 and Italy’s FTSE MIB up 68 points at 33,335, according to data from IG. Earnings are set […]
Revolut: Businesses Turn to Fintech as Legacy Banks Struggle to Keep Up with Demands
Two-thirds of businesses across Europe believe that legacy banks are too slow to meet their financial needs, according to a new survey conducted by global financial app Revolut Business and market research firm Dynata. The survey also found that nearly 80 per cent of businesses have faced issues with high fees, slow transactions and poor mobile experiences from […]
FOMO Pay and Mastercard Collaborate on Tap-on-Phone Payments
Singapore’s FOMO Pay has teamed with Mastercard to debut a tap-on-phone payment solution. FOMO SoftPOS, announced Friday (Nov. 8), lets merchants accept contactless card payments directly on their smartphones with the FOMO Pay app from the Google Play Store. The companies noted in a news release that Singapore is the first Asia-Pacific region company where […]
Virgin Money Launches Mobiliser Fund to Help Struggling Firms Meet ESG Targets
New research from banking and financial services company, Virgin Money has found that there is a gap between SME decision makers’ awareness of environmental, social and governance (ESG) targets and the actions being taken to achieve them. Virgin Money found that 71 per cent of decision-makers acknowledge that adopting ESG practices is important to their customers. However, only […]
Cathie Wood predicts Trump policies will ‘turbocharge’ US economy more than Reagan Revolution
Ark Invest CEO Cathie Wood sees a bright future ahead with President-elect Trump’s return to the White House and predicted over the weekend that his policy agenda will likely usher in economic growth not seen in decades. In a post-election message to investors released Sunday, Wood likened America’s current economic situation to the early 1980s […]
Asia-Pacific markets fall as U.S. postelection rally fails to lift regional optimism
Hong Kong’s Hang Seng index dropped 2.76%, while mainland China’s CSI 300 fell 0.66%. Australia’s S&P/ASX 200 closed 0.13% lower at 8,255.6. South Korea’s Kospi fell by 1.83%, while the Kosdaq Index dropped 2.56%. Japan’s Nikkei 225 slipped 0.57% while the Topix traded around the flatline. Traders in Asia-Pacific also assessed economic data from the region, including a survey from the National Australia […]
Asia-Pacific markets mostly slip as China data and stimulus fall short of expectations
Asia-Pacific markets fell Monday after China’s latest stimulus measures underwhelmed and its October inflation numbers came in lower than expected, prompting concerns over the recovery in the world’s second-largest economy. Beijing announced a five-year stimulus package worth 10 trillion yuan ($1.4 trillion) to tackle local government debt problems on Friday. However, some analysts doubt it […]
AmEx inks data sharing deal with MX
AmEx says the arrangement means customers will now be able to better manage their personal finances and business expenses via secure connections of their card accounts with third-party financial institutions and fintech apps through MX. The integration allows customers to leverage AmEx’s secure authentication procedures while eliminating the need for credential sharing, improving data accuracy […]