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What the Growing IoT Means for Your Business
Date: June 14, 2022
The IoT is often talked about in the context of consumer applications. The conversation surrounding everything from smart homes to smartwatches is always in a user-friendly format. But what about businesses? What potential does the internet of things (IoT) have to influence and improve business apart from the obvious creation of consumer-friendly products to sell?...
UK Watchdog Proposes Tougher Curbs on Bank Branch Closures
Date: June 14, 2022
By Huw Jones LONDON (Reuters) -Britain’s banks will have to provide more detailed analysis to justify closing a branch, cutting opening hours or converting a free cash machine to pay-to-use, the Financial Conduct Authority proposed on Tuesday. The UK parliament has become worried that vulnerable customers, particularly in rural areas, are finding it difficult to...
Ryanair CEO Says Summer Fares Will Be up 7%-9% on 2019 Levels
Date: June 14, 2022
BRUSSELS (Reuters) -Ryanair Group Chief Executive Michael O’Leary said on Tuesday bookings at Europe’s biggest budget airline are strengthening and he expects summer fares to be between 7% and 9% higher than pre-pandemic levels. Speaking to Reuters, he said the load factor, a measure of how well an airline is filling available seats, should be...
Western Banks Seem More Likely to Enter the Metaverse Than Emerging Markets
Date: June 13, 2022
By Richard Shearer, CEO of Tintra PLC When it comes to digital change and the embrace of new technologies, Western banks are becoming increasingly forward-thinking – an attitude which they have yet to apply to their relationships with emerging markets. This proactive approach towards (limited) change shone through in a recent speech by Pentti Hakkarainen...
Our Relationship With Money Has Changed, and Banks Need to Get on Board
Date: June 13, 2022
By Alexander Thomson, VP, Quantum Metric The retail banking landscape has changed dramatically over the last two decades, and it’s even clearer after the past two years. Gone are the days of cheque books, deposit envelopes, and heading to your local branch on a regular basis. People’s preferences are rapidly evolving, and a digital-first mindset...
U.S. Supreme Court Takes No Action on Bayer Bid to Nix Weedkiller Suits
Date: June 13, 2022
By Lawrence Hurley WASHINGTON (Reuters) -The U.S. Supreme Court on Monday took no action on Bayer AG’s bid to dismiss legal claims by customers who contend its Roundup weedkiller causes cancer as the German company seeks to avoid potentially billions of dollars in damages. The case was not mentioned on a list issued by the...