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Sanofi eyes less carbon, more impact from ads
Sanofi is playing eco-detective to sniff out just how green its advertising really is. And no, this doesn’t sound like the usual corporate green spiel; the pharmaceutical giant appears to be actually strapping in for the heavy lifting in cutting emissions. Prasad Sridhar, Sanofi’s head of media, spells it out: marketers there are doing more…
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How podcast networks are testing AI tools for faster translation, ad sales
It seems it’s not just big digital publishers like BuzzFeed and BDG looking to generative artificial intelligence tools as ways to streamline their sales process. Podcast networks, like Acast, iHeartMedia and Spotify, are also testing these tools to increase their outreach to prospective clients, expand the range of shows that fit a buyer’s brief and…
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January 23 launch for France 2 UHD
Ahead of the upcoming Paris 2024 Olympic and Paralympic Games, PSB group France Télévisions has announced the January 23rd launch of first 4K full-time channel, France 2 UHD. It will be followed on July 10th by France 3 UHD, a part-time channel dedicated to special events. The two UHD signals, which are set to present…
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Government responds to broadcasting in Wales report
In its report published in October 2023, the UK House of Commons Welsh Affairs Committee called for the Six Nations rugby tournament to be included in Group A of the Listed Events Regime. The UK Government has explained that listing an event in Group A or B does not guarantee that it will be available free-to-air,…
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U.S. Bank looks to other industries to spark AI innovation
U.S. Bank technology leaders attend the Consumer Electronics Show every year to spark innovation ideas for the bank’s research and development team; this year the focus was on all things AI. “What we’re here for is to see what everybody else is doing with [AI],” Chief Innovation Officer Don Relyea told Bank Automation News at…
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Movers & Shakers: Envestnet CEO Crager stepping down
Bill Crager will step down as chief executive of wealth tech company Envestnet on March 31. Crager was CEO for 24 years and plans to serve as a senior adviser for the Berwyn, Pa.-based company, focusing on client and partner relationships, according to a Jan. 8 Envestnet release. Board Chair James Fox will serve as…
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KeyBank invests in clients, people, technology
KeyBank prioritized its investment in technology during the fourth quarter as it looks to build the bank’s franchise to ensure competitiveness. “Our first investments are always going to be good clients and our people. And then in this world, you’ve got to continue to invest in technology,” Chief Financial Officer Clark Khayat said during today’s…
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Things worth reading: 19th January 2024
Things we’re reading today include … You can apply to be CTO of a $25bn fintech right now (efinancialcareers.com) Deutsche Bank CEO says acquisitions not a ‘priority’ as Commerzbank rumors swirl (cnbc.com) US bank profits shrink on higher deposit costs, one-time charges | Reuters Fraud Reimbursement Costs Are Likely to Rise for UK Banks (fitchratings.com)……
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When the going gets tough, the tough ask questions
There are a number of numbers being bandied around regarding the major slump in the fintech sector over the past two years. The latest one that I picked up on is from the Indian data intelligence firm Tracxn, stating that UK fintechs raised just $4.3bn in 2023, a sharp drop from $11.2bn in 2022, which……
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Ally sells POS financing business to Synchrony
Ally Financial today agreed to sell its point-of-sale financing business along with its loan books to Synchrony Financial for an undisclosed price. The $196 billion Detroit-based bank is looking to simplify its organization and move away from sectors where it has no scale to grow after the banking crisis of 2023, Chief Executive Jeffrey Brown…