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Research: US SVoD spend drops
Research from Parks Associates shows shifts in demand for streaming video services in the US, including a significant drop in spending. The firm’s latest research from its Video Services Dashboard reports a significant 30 per cent drop in spending for streaming SVoD services, with the average US internet household spending about $63 (€58.91) per month…
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England vs Slovenia pulls ITV’s biggest audience of 2024
ITV’s biggest audience of 2024 watched England’s final Euro 2024 group game against Slovenia on June 25th. The match peaked at 15.4 million viewers on ITV1 and ITVX. England drew 0-0 with Slovenia but, despite another underwhelming performance, it was enough to see them top Group C and head into the knockout stage of the…
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Inside look: BNY Pershing X product pipeline
BNY looks to client feedback and demand when planning the product pipeline within its technology arm, Pershing X. “We’re hearing feedback from our clients, and we’re delivering solutions based on what we’re hearing,” Noam Tasch, head of revenue at Pershing X, told Bank Automation News. For example, last year, the bank launched its advisory product…
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U.S. Bank cautiously deploying AI for SMBs
U.S. Bank is working on AI-driven solutions for its small and medium-sized business clients to improve their operations. “By no means is it as easy as just deploying AI into the ecosystem without taking into consideration some of the challenges it comes with,” Shruti Patel, chief product officer for business banking, told Bank Automation News.…
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Things worth reading: 25th June 2024
Things we’re reading today include: Alipay+ sees 67% rise in transactions during first week of Euro Championship EU prosecutors launch bombshell corruption probe into former European Investment Bank chief – POLITICO HSBC Leads $250 Million Loan to Fintech Startup FundPark – Bloomberg US Bank Capital Rules: Federal Reserve Floats Weaker Version of Planned Overhaul –……
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Banking 2034: where will you be?
Thinking about banking conferences over the years, there are three main messages that are presented by people on stage: Banks won’t exist in ten years Banks will exist, but it’s all going to be very different Banks will exist, and it’s going to be a lot like today Let’s take #1: Banks won’t exist in……
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Payabli is building payment management tools for software startups
Payabli builds the infrastructure that allows companies, specifically software companies, to embed and facilitate payments through APIs. © 2024 TechCrunch. All rights reserved. For personal use only.
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Podcast: Retail POS lending is an opportunity for lenders, Pagaya president says
Point-of-sale financing as an alternative payment method is a growing opportunity for lenders, technology company Pagaya’s President Sanjiv Das says on this episode of “The Buzz” podcast. According to auto lender and Pagaya partner Ally Financial, POS financing is expected to reach a value of more than $81 billion by 2030. POS financing has…
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Inside look: Nvidia’s AI factories
Nvidia is spearheading the AI industry’s growth with its latest data centers focused on developing and deploying models for the financial services industry. AI factories are among a new product class that can help organizations use AI models at lower costs, higher efficiency rates and faster time to market, Malcolm deMayo, global vice president…
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Things worth reading: 26th June 2024
Things we’re reading today include … Barclays boss says calls for bank to abandon oil and gas are unrealistic (telegraph.co.uk) Gang posts links to ‘juicy bank information’ from Federal Reserve ‘hack’ on the dark web | Daily Mail Online Progress on the preparation phase of a digital euro – First progress report (europa.eu) City boss:……