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Financial Resilience Faces Its Moment of Truth
Date: June 2, 2022
By Chris Davis, Partner and Banking Expert, Kyndryl As of April this year, financial institutions in the UK will have complied with a new FCA policy by submitting documentation which identifies critical services and articulates strategies to mitigate the impact of disruption to them. Designed to bolster resilience in the finance market, the policy means...
Greek Restaurants Feel the Heat as Souvlaki Prices Soar
Date: June 1, 2022
ATHENS (Reuters) – As Greek restaurateurs gear up for the summer season, they are keeping a wary eye on the potentially damaging impact of inflation – amply illustrated by the soaring price of a signature snack popular with both locals and visitors. Averages prices for souvlaki have risen far faster than headline measures of inflation...
Panasonic Sends Tesla New Ev Battery Samples Ahead of Production Surge
Date: June 1, 2022
TOKYO (Reuters) -Panasonic Holdings Corp, which makes batteries for Tesla, said on Wednesday it had shipped samples of its more powerful 4680 format electric car battery to the U.S electric vehicle maker as it prepares for a surge in North American power pack production. Panasonic said mass production of the new battery is set to...
Navigation Firm TomTom to Cut Jobs as It Automates Mapmaking
Date: June 1, 2022
(Reuters) – TomTom will slash hundreds of jobs due to improvements it has made in automating its mapmaking activities, the Dutch digital navigation company said on Wednesday, adding that the cuts would amount to around a tenth of its global workforce. “Regrettably, this will have an intended impact on approximately 500 employees in our Maps...
The Future of B2B Customer Experience
Date: May 31, 2022
From PROS, John Bruno, VP of Strategy and Justin Silver, Senior Manager Data Science, discuss how AI will play a role in the future of B2B customer experience and wider business processes. Digital customer experience (CX) has never been more important than it is today, with buyers reliant on online platforms to access products and...
Open Banking Payments: Open for Business
Date: May 30, 2022
By Tom Pope, head of payments and platforms at Tink The UK fintech sector is growing at an exponential rate, with the Confederation of British Industry (CBI) estimating it could yield an additional £32bn for the UK economy by 2030. But as highlighted in the CBI’s recently-launched ‘Winning with Fintech’ campaign, in order to continue...