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AI could displace more than 50% of banking jobs, according to new Citigroup report
In a recent report by Citigroup, the global investment firm has projected that artificial intelligence (AI) could lead to the displacement of more than...
NYSE technical error sends stocks tumbling
A technical glitch at the New York Stock Exchange (NYSE) today caused several high-profile stocks to rapidly lose value before being halted from trading....
Cancelling your credit card may not stop streaming service charges
Many consumers believe that changing their credit card can end unwanted recurring charges from streaming services. However, a lesser-known banking system, ensures these charges...
The race to harness AI in big banks heats up
The journey to harness Artificial Intelligence (AI) within the U.S. banking sector is proving to be a formidable challenge, despite high stakes and substantial...
IMF reports that 40 percent of global employment could be disrupted by AI
The International Monetary Fund (IMF) has issued a stark warning: nearly 40% of global employment could be disrupted by the rise of artificial intelligence...
Reverse ATMs becomes solution for cashless business
To accommodate the expanding number of cashless companies, reverse ATMs that dispense stored-value cards in exchange for cash are being installed in a variety...
Shopify teams up with Melio to launch bill pay tool
Melio, a B2B payments firm, has teamed with Shopify to provide a new bill payment solution.
This service will allow merchants in the United States...
Federal Budget 2023: Millions to fight foreign interference, threats and covert activities
A new National Counter-Foreign Interference Office will be created if the bud