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Banking on AI for Your Customer Engagement
Date: November 4, 2022
By Sanat Rao, Chief Business Officer, Global Head, Infosys Finacle The past number of years have seen banks deal with a number of new issues, such as rising consumer expectations, competition from digital competitors with superior experiences for customers, technological advances, and tighter regulation. Many banks have begun to digitise in order to respond to...

Banking in the Metaverse
Date: November 4, 2022
By Rajashekara V. Maiya, VP, Global Head for Business Consulting, Infosys Finacle Although still in the early stages, gaming, media and the entertainment industries have already started to branch out into the metaverse. However, the heavily regulated and data-intensive banking industry has lagged behind with adoption of this new platform. But now, banks are also...

Santander to Block UK Transfers to Crypto Exchanges in 2023
Date: November 4, 2022
By Elizabeth Howcroft LONDON (Reuters) -Santander will block UK customers from sending real-time payments to cryptocurrency exchanges next year as part of measures to protect customers from scams, the bank said in an emailed statement on Friday. At an unspecified point during 2023, the bank will introduce a block on all real-time payments to cryptocurrency...

How AI Is Impacting the Future of Ecommerce
Date: November 4, 2022
There is no doubt that artificial intelligence (AI) is rapidly changing the ecommerce landscape. From automated customer service to personalized product recommendations, AI is transforming the way online retailers do business. As AI technology continues to evolve, the potential applications for ecommerce are only going to grow. Here are just a few ways AI is...

Euronext Italian Arm to Become Group-Wide Clearer From End 2023
Date: November 4, 2022
By Huw Jones LONDON (Reuters) – Pan-European stock exchange Euronext said on Thursday that customers will be able to clear all share trades at its Italian arm from the end of 2023, a move that ends reliance on a London Stock Exchange Group (LSEG) unit in Paris. Euronext, which operates exchanges in Paris, Amsterdam, Brussels,...

Zalando Sees Fy Results at Lower End of Target Range
Date: November 3, 2022
FRANKFURT (Reuters) -Zalando, Europe’s biggest online fashion retailer, said it now expects its full-year revenues and operating profit to reach the lower end of its target range as it reported quarterly financial results. Zalando as well as rivals such as ASOS and Boohoo are feeling the impact of waning consumer confidence amid soaring inflation. Zalando...
