-
1 day ago | 
fstech.co.uk | Dalvinder Kular
TD Bank, a subsidiary of the Toronto-Dominion Bank, has announced plans to open an office in New York for its AI research and development centre Layer 6, which it acquired in 2018. The bank said that moving Layer 6, which currently operates from its head office in Toronto, would enable it to better support its US operations. It added that the new location would allow Layer 6 to take advantage of an expanded pool of talent to work on banking innovation using AI.
-
1 day ago | 
retail-systems.com | Dalvinder Kular
eBay is expanding its partnership with Klarna to offer Buy Now, Pay Later (BNPL) to its US customers. The move comes after the two companies joined forces in December last year to launch flexible payment options for the online marketplace’s European customer base, including for shoppers in the UK, Austria, France and Italy. Since launching, eBay said that it has seen customers in these countries split payments to access higher-ticket items such as pre-loved luxury watches.
-
2 days ago | 
nationaltechnology.co.uk | Dalvinder Kular
The British government is backing a trial of new technology which could speed up the diagnosis of bowel cancer and reduce the need for invasive colonoscopies and biopsies. The “world-leading” technology, which is a joint collaboration between the University of Southampton and cancer treatment technology firm Xgenera, has the potential to improve diagnosis rates and to treat the disease faster and more effectively.
-
2 days ago | 
fstech.co.uk | Dalvinder Kular
Sanctions evasion in an era of conflict: Optimising KYC and monitoring to tackle crime Your browser does not support HTML5 video. The ongoing war in Ukraine and resulting sanctions on Russia, and the continuing geopolitical tensions have resulted in an unprecedented increase in parties added to sanctions lists. Achieving operational resilience in the financial sector: Navigating DORA with confidence Your browser does not support HTML5 video.
-
2 days ago | 
retail-systems.com | Dalvinder Kular
UK households had around £25 more to spend on average over the first three months of this year compared to last year, according to research from Asda. The supermarket found that each UK household had an average disposable income of around £275 per week after paying bills and purchasing essentials.
-
3 days ago | 
fstech.co.uk | Dalvinder Kular
US financial services giant BNY has rolled out a new AI-driven communication system to detect insider threats and support it in meeting regulatory requirements. The new technology enables BNY to analyse various communication channels across more than 16 languages. BNY has partnered with Behavox, an AI company that turns data into insights that safeguard and enhance businesses, to implement the new system. BNY is the corporate brand of The Bank of New York Mellon Corporation.
-
3 days ago | 
nationaltechnology.co.uk | Dalvinder Kular
The UK government is testing an experimental generative AI (genAI) tool designed to help local councils make faster planning decisions. Called Extract, the tool would increase the availability and quality of planning data by converting poor scans of old PDF and paper documents into “machine-readable” and sharable data in around 40 seconds.
-
1 week ago | 
fstech.co.uk | Dalvinder Kular
Buy Now, Pay Later (BNPL) firm Klarna has signed an agreement with point-of-sale provider Clover to bring its services to businesses and shops in the US. The partnership will initially enable around 100,000 merchants to offer flexible payment options for in-store purchases. Shoppers at these merchants will see a Klarna logo on the pre-screen of payment devices. Klarna said it plans to roll out the service to new and existing Clover merchants early next year.
-
1 week ago | 
nationaltechnology.co.uk | Dalvinder Kular
Google has revealed that it removed 5.1 billion bad adverts in 2024. According to a new report about ad safety released by the tech giant, Google suspended 39.2 million advertiser accounts in the US last year, over triple the number recorded in 2023. Google said that it has deployed a team of around 100 experts to fight scams, including AI-generated public figure impersonation ads. It has also updated its misrepresentation policy to suspend advertisers that promote these scams.
-
1 week ago | 
retail-systems.com | Dalvinder Kular
Polish delivery company InPost has acquired rival Yodel. InPost said that the move, which sees the company buy one of the largest delivery parcel firms in the UK, will enable it to scale its operations significantly, expand its service offering, and provide greater convenience to retailers and customers. Following the transaction, InPost said its UK market share will increase to eight per cent, making it the third largest e-commerce logistics carrier in the UK.
