-
Report: 49% shoppers likely to search for item after seeing on TV
Innovid, a software platform for the creation, delivery, measurement and optimisation of advertising across connected TV (CTV), linear TV, and digital, has announced the release of CTV x Commerce 2024: Data-Driven Insights to Reach Shoppers with CTV Advertising. The report, a collaboration between Innovid and Target’s retail media network, Roundel, looks at how US shopper…
-
AI Briefing: What would Steve Jobs say about Apple’s ambitions for AI?
Decades before the first iPhone, Apple co-founder Steve Jobs expressed his vision for personal computing that seems strikingly similar to current innovations in generative AI. In a 1985 speech, Jobs imagined a world which now seems possible with modern large language models. Admitting the computer industry was “in the tank,” he said personal computing had…
-
Inside look: Fiserv University tech training
Technology provider Fiserv is expanding its training offerings to clients through Fiserv University, which launched in May. “Many institutions are under pressure to do more with less, which requires a highly efficient and well-trained staff,” Dudley White, president of core account processing solutions at Fiserv, told Bank Automation News. Fiserv University offers tech and process…
-
AI helping JPMorgan analysts check likeability
NEW YORK — JPMorgan Chase is deploying AI to help investors research the likeability and growth trajectory of companies. The $3.5 trillion bank created its AI-driven “social calculator” to track positive, negative and neutral social media comments about companies, Manuela Veloso, head of AI research at JPMorgan Chase, said at the AI for Financial Services…
-
Things worth reading: 14th June 2024
Things we’re reading today include … Trump Says ‘All’ Bitcoin Mining Should Be In The US (forbes.com) NHS chief calls for controls on cryptocurrency gambling after rise in addiction problems (telegraph.co.uk) This new King Charles £5 note sells for £11,000 at Bank of England auction | This is Money Wells Fargo fires workers over fake……
-
What the Finternet?
The Bank of International Settlements (BIS), the guys who create the Basel rules and control much of the way the global banking system works, released a paper the other day about the Finternet: “the financial system for the future”. The idea is that all of the financial world will connect through unified ledgers integrated by……
-
Judge likely to reject $30B Visa, Mastercard fee deal
A $30 billion settlement between Visa Inc., Mastercard Inc. and retailers to cap credit-card swipe fees is likely to be rejected by a federal judge in Brooklyn, a setback in the two decade-long litigation. Judge Margo Brodie of the US District Court of the Eastern District of New York indicated in a hearing Thursday that she probably…
-
SameDay Auto Finance automates lending
SameDay Auto Finance is automating more of its origination and servicing processes after switching to a new loan servicing system earlier this month. TheIrving, Texas-based subprime lender signed on with auto lending software provider Nortridge on June 1, Armando Hidalgo, director of servicing, told Auto Finance News, a sister publication to Bank Automation News. SameDay tested the NLS auto loan…
-
BNY Mellon’s Pershing X modernizes API strategy
BNY Mellon’s technology arm Pershing X’s clients are looking to the tech provider for improved wealth management capabilities. Clients want to upgrade their internal wealth management technology but maintaining the users’ brand is a big part of the conversation, Noam Tasch, head of revenue at BNY Pershing X, told Bank Automation News. “When you…
-
3 ways Swift is deploying tech for payments
International payments network Swift is deploying technology to make its payments faster, safer and more efficient. Swift is investing in technology because as “more and more [payments] become instant or near real-time,” stopping fraud is essential, Johan Bryssinck, program head of AI/ML at Swift, said at the AI for Financial Services 2024 conference on June…