Rachael Kennedy

Oct 31, 2024 | bobsguide.com | Rachael Kennedy

In a budget marked by soaring taxes and lofty promises, fintech startups in the UK are bracing for a tough new reality. At the heart of Chancellor Rachel Reeves’ Autumn Budget is a significant hike in National Insurance and Capital Gains Tax—two moves that could hit fintechs where it hurts most: hiring and growth potential.

Oct 23, 2024 | bobsguide.com | Rachael Kennedy

Federal regulators have ordered Apple and Goldman Sachs to pay more than $89 million in penalties and customer refunds for mishandling credit card disputes and misleading consumers about interest-free payment options on the Apple Card. The Consumer Financial Protection Bureau (CFPB) found that the companies’ mismanagement affected hundreds of thousands of Apple Card users, with issues ranging from unresolved transaction disputes to incorrect credit reports.

Aug 12, 2024 | bobsguide.com | Rachael Kennedy

The wealth management industry is experiencing a seismic shift, propelled by the rapid adoption of artificial intelligence (AI). As firms race to meet evolving client needs and streamline operations, AI has moved from a futuristic concept to a present-day necessity. The scale of this transformation is staggering, with projections indicating that by 2022, approximately 1.6 billion people would have some interaction with AI in wealth management. This surge in AI adoption is not merely anecdotal.

May 6, 2024 | bobsguide.com | Rachael Kennedy

The wealth-tech industry is witnessing a surge in the popularity of robo-advisors, automated platforms that provide financial planning services with minimal human intervention. Robo-advisors use algorithms and software to automatically allocate and manage client investments in portfolios of exchange-traded funds (ETFs) or other instruments.

Oct 9, 2023 | sports.yahoo.com | Rachael Kennedy

By Rachael Kennedy(Reuters) - Misinformation has spread online following Hamas' surprise attack on Israel from Gaza and Israel’s response with air strikes, as the two sides continued to battle. During a major event like armed conflict, many social media users share misleading or baseless claims, including miscaptioned imagery or altered documents, in an effort to shape public perception. Reuters has fact-checked some of the widely shared claims in English, Hebrew and Arabic languages.