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ACI moves real-time payments onboarding to cloud
ACI Worldwide is exploring the use of its cloud platform to onboard bank clients to The Clearing House’s Real-Time Payments network. The payments service provider already onboards bank clients to the Federal Reserve’s FedNow payments network through its real-time payments cloud, so moving The Clearing House’s (TCH) deployment to the cloud will offer “similar benefits,”…
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TD Bank deploys virtual reality for training
TD Bank is experimenting with virtual reality to build practical skill sets through controlled customer simulations, leading to improved employee training. “TD has been experimenting with different immersive experiences for colleagues and customers,” TD Product Manager Kerry Narduzzi told Bank Automation News. “This is a new technology and we want to really understand it and…
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Trump Media deal faces calls for inquiry over alleged ‘influence peddling’
Stock debut that could net the former president billions was kept afloat by opaque loans provided in part by Anton Postolnikov Democratic groups escalated calls on Thursday for Congress to investigate Donald Trump’s social media company Trump Media after reports that it relied partly on emergency loans in 2022 traced back to a Russian-American under…
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Fintech funding slows to the lowest level since 2017
CB Insights released its Q1 2024 State of Venture Report, revealing that fintech funding slid by 16% during the three-month period. © 2024 TechCrunch. All rights reserved. For personal use only.
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Best podcasts of the week: Charlotte Church raises a home town toast
The Welsh singer and actor explores family, love and working-class life through her Cardiff upbringing. Plus: five of the most controversial podcasts • Don’t get Hear Here delivered to your inbox? Sign up here Kicking Back With the Cardiffians BBC Sounds, episodes weekly “I’m Cardiff-born, Cardiff-bred, and when I die I’ll be Cardiff dead.” So…
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Vecima to acquire Casa Systems’ cable business
Vecima Networks has entered into an asset purchase agreement (APA) to acquire the Cable Business assets of Casa Systems and certain of Casa’s subsidiaries. Under the APA, Vecima, or its affiliates, will acquire substantially all the assets of Casa’s Cable Business for a purchase price of $20 million (€18.4m). To facilitate the sale, Casa and…
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Brazil to roll out new digital TV standard in 2025
Brazil is launching a new TV standard called TV 3.0 in 2025. This technology, according to the government, will revolutionise the way people watch TV by integrating it with the internet. Viewers will use apps to navigate channels, replacing the traditional number system on remote controls. This will allow channels to offer additional on-demand content,…
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In-depth probe for Vodafone/Three merger
The UK’s Competition and Markets Authority (CMA) has referred the anticipated joint venture between Vodafone Group Plc and CK Hutchison Holdings Limited concerning Vodafone Limited and Hutchison 3G UK Limited for an in-depth investigation, on the basis that, on the information currently available to it, it is or may be the case that this merger…
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Skydance closing in on Paramount
Film studio Skydance is reportedly in advanced, exclusive negotiations to acquire Paramount in a deal valued around $26 billion – $27 billion. Skydance CEO David Ellison is said to have been meeting with Shari Redstone – whose family’s privately owned cinema group holds 77 per cent of Paramount’s voting stock – and has also met…
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Best podcasts of the week: Charlotte Church raises a home town toast
The Welsh singer and actor explores family, love and working-class life through her Cardiff upbringing. Plus: five of the most controversial podcasts • Don’t get Hear Here delivered to your inbox? Sign up here Kicking Back With the Cardiffians BBC Sounds, episodes weekly “I’m Cardiff-born, Cardiff-bred, and when I die I’ll be Cardiff dead.” So…