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How European Banks can Accelerate AI Adoption
Bankers across Europe are signalling a strategic shift in their operational focus, as highlighted in the latest Infosys Bank Tech Index edition. To enhance their competitive advantage, they are placing a growing emphasis on innovation and driving business growth. The findings come as artificial intelligence (AI) is emerging as a crucial technology for banks, and…
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Steeper yields are the ‘dominant trend,’ strategist explains
00:00 Speaker A JP Morgan CEO, Jamie Diamond, weighing in warning on the bond market. This comes as institutional investors shun long bonds. Joining us now, we’ve got Kathy Jones, Charles Schwab, Chief Fixed Income strategist. Great to have you here in studio with us this morning, just after the bell, as you think about…
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Generative Artificial Intelligence (AI) in Banking and Finance Market Report 2025: $21.5 Bn Opportunities and Strategies to 2034 – Fintech Adoption of AI Expected to Grow Over 40%
Company Logo The generative AI market in banking and finance is projected to grow from $1.29 billion in 2024 to $21.57 billion in 2034, driven by AI adoption, digital transformation, and data security. North America leads the market. Key growth areas include natural language processing, cloud-based models, and fintech solutions. Generative Artificial Intelligence (AI)…
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Constellation Energy stock soars on 20-year nuclear energy deal with Meta
Constellation Energy (CEG) stock soared 7% in early trading Tuesday after the nuclear power company announced that it had signed a 20-year agreement with Meta (META) as the social media giant’s energy demands soar due to its AI data center expansion. Shares of Constellation Energy were already up 27% for the month after the…
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California’s Scripps Ranch High School Crowned CEE’s 2025 National Personal Finance Champions
The nation’s top teen competitors tackled everything from stocks and bonds to credit management and budgeting NEW YORK, June 3, 2025 /PRNewswire/ — Over thirty teams from 28 states competed over the weekend for the top spot as the nation’s most financially savvy teenagers. Scripps Ranch High School from San Diego, California, emerged as…
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Klarna Launches New BNPL Debit Card That Lets You Finance on the Fly — but There’s a Catch.
<!–> CNET/Getty Images Klarna, a financial service best known for its Buy Now, Pay Later app, just announced it’s launching a new debit card with BNPL features. –> “We consistently hear from consumers that they want the freedom to choose how and when to pay — whether that’s paying now with debit or spreading…
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Duty free stores look for financial support as cross-border traffic drops
OTTAWA — An association representing duty free stores and a group of 15 border city mayors have written a letter to the federal government asking for financial support and clarity on export rules. The Frontier Duty Free Association says its members have seen their revenue decline by 60 to 80 per cent as cross-border…
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Disney laying off several hundred in film, TV, finance
ORLANDO, Fla. — Media company Walt Disney is laying off several hundred employees in film, television and corporate finance, a source familiar with the matter said on Monday.The layoffs affect multiple teams around the world, including film and TV marketing, TV publicity and casting and development, the source said.Disney and other companies are reshaping their…
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Morocco: Boom In Data Centers
Morocco has surpassed South Africa as the leading host of data centers in Africa, with 23 facilities.
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Latin America: Leading World Financial Innovation
By concentrating on financial inclusion, Latin America shows other parts of the world how to navigate testing times.
