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BankingHow Banks Can Build Trust With Customers: Privacy-Centric Strategies
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FinanceNew Research Indicates Confusing Bank Jargon Could Be Fuelling Financial Vulnerability
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UK Lender Virgin Money Sticks to Annual Outlook Despite Mortgage Pressures
Date: August 2, 2023
UK lender Virgin Money sticks to annual outlook despite mortgage pressures (Reuters) -British challenger bank Virgin Money UK on Wednesday maintained its full-year outlook and reported stable net interest margin (NIM) in the third quarter despite pressure from its mortgages business. Virgin Money has been restructuring itself as it grapples with a drop in footfall...
Eliminate, Simplify, Automate: Catching up With Expereo CTO Kristaps Petrovskis
Date: August 1, 2023
Eliminate, simplify, automate: Catching up with Expereo CTO Kristaps Petrovskis What was your first job? I’ve always been in the internet service provider (ISP) industry, my first job was helping retail cable internet customers. Back then, the stability of cable internet wasn’t what it is today, which often led to unhappy customers. It certainly provided...
German Supermarket Seeks to Charge Shoppers ‘true’ Environmental Cost
Date: August 1, 2023
German supermarket seeks to charge shoppers ‘true’ environmental cost By Riham Alkousaa and Andreas Buerger BERLIN (Reuters) – German shoppers, who enjoy some of Europe’s cheapest groceries, are being asked this week by discount supermarket Penny to pay extra for some items to cover their “true cost” as it seeks to raise awareness of the...
Nexi to Defend Turf, Sees Banco Hit Only After 2024
Date: August 1, 2023
Nexi to defend turf, sees Banco hit only after 2024 By Valentina Za MILAN (Reuters) – Italian payments giant Nexi vowed to fight to retain customers after banking partner Banco BPM chose to switch to a rival provider for retailer and card payments. Nexi reported second quarter results which, as expected, showed slower annual growth...
UK Baker Greggs Confident on 2023 After First-Half Growth
Date: August 1, 2023
UK baker Greggs confident on 2023 after first-half growth LONDON (Reuters) – British bakery and fast food chain Greggs stuck to forecasts for higher full-year profit after posting a 14% rise in the first-half, as its value food offering of breakfast deals, vegan bakes and more continues to grow in popularity. For the 26 weeks...
Covestro Sees 2023 EBITDA at Lower End of Forecast Range
Date: August 1, 2023
Covestro sees 2023 EBITDA at lower end of forecast range (Reuters) – German chemicals maker Covestro on Tuesday said it expects its 2023 core profit to be at the lower end of its forecast range after posting a 30% drop for the second quarter due to lower demand and falling volumes. Covestro, as the whole...