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European VOD Coalition adds infrastructure views
The European VOD Coalition has welcomed the opportunity to provide input to the European Commission’s consultation on the White Paper, How to master Europe’s digital infrastructure needs?. The Coalition brings together video-on-demand and digital entertainment companies that share common values and invest in and distribute audiovisual content in the Europe Union as their core commercial…
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Analysis: Netflix, Prime Video still dominate streaming Originals
In Q1 2024 Netflix and Prime Video returned to dominance in Original commissioning, having been challenged in recent years by the launch of studio-backed SVoD platforms. According to a report by Ampere Analysis, Netflix commissioned its highest number of new titles since Q3 2021, and Prime Video set a new record for its quarterly commissions.…
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‘Arrogant’ tech companies must ‘fess up’ to harm done to children by social media, Albanese says
Meta’s claims that social media doesn’t harm children ‘can’t be taken seriously’, inquiry told Get our morning and afternoon news emails, free app or daily news podcast Tech executives need to “fess up” to the damage their platforms have caused, the prime minister says, while taking aim at the “arrogant” and “out of touch” social…
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S4C double orders Cyfrinachau’r Llyfrgell
Welsh language broadcaster S4C has ordered two seasons of Cyfrinachau’r Llyfgell/Best Kept Secrets, a show where celebrities explore their history and heritage by partnering with an archive or museum to delve into artifacts and documents. Produced by Slam Media the first season (4×60 minutes) will be broadcast in September 2024. The format will be internationally…
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‘Arrogant’ tech companies must ‘fess up’ to harm done to children by social media, Albanese says
Meta’s claims that social media doesn’t harm children ‘can’t be taken seriously’, inquiry told Get our morning and afternoon news emails, free app or daily news podcast Tech executives need to “fess up” to the damage their platforms have caused, the prime minister says, while taking aim at the “arrogant” and “out of touch” social…
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Evolve Bank & Trust confirms data was stolen in cyber attack
Evolve Bank & Trust confirmed it was the victim of a cyber attack and that customer data had been posted on the dark web, less than two weeks after the Arkansas-based lender was ordered by regulators to improve its risk management and get approval before entering into any new partnerships. The Russian-linked hacker group LockBit 3.0 on…
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Banks may add friction to instant payments to combat fraud
The financial services industry has worked for years to create frictionless payments. Now it may be necessary to add friction back into the mix to combat fraud. “Instant payments actually has a lot more fraud connected,” Jenny Winther, head of payment schemes at Sweden-based Handelsbanken, said today during Volante’s “From mandates to modernization: Payment as…
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Movers and shakers: XYB names Joyce as CEO
London-based B2B core banking platform XYB named Derek Joyce as its chief executive on May 30. Joyce previously worked at American Express, Klarna, Bread and Alloy and brings 20 years of experience to XYB, according to a company release. Joyce “actually came in and built a business plan and fundraised in the background” before his…
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Things worth reading: 28th June 2024
Things we’re reading today include … MiCA laws come into effect in Europe — Here’s what you need to know (cointelegraph.com) ChatGPT-4o builds an ideal $1,000 crypto portfolio for the second half of the year (finbold.com) Digital bank tops list of 100 fastest-growing British businesses | The Independent LoopFX lands £2.6m investment from Augmentum Fintech……
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A financial offer to die for
I attended a meeting this week presenting a variety of startups and their ideas. All of them were great, but one stood out for me: Fairwill. Obviously playing on the word farewell, Fairwill provides an exit policy for humans … as in death specialists. It sounds morbid but there’s only two certainties in life: death……