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NewsHerman Copeland

Google and Symphony team up to offer voice analytics for banks

Google and Symphony Communication Services, a cloud-based messaging and collaboration platform for financial services, have launched a new voice analytics offering for banks and other financial institutions. The service, called Symphony Voice Analytics, leverages Google Cloud’s artificial intelligence and speech recognition capabilities to transcribe, analyze, and archive voice conversations on Symphony’s platform. How Symphony Voice Analytics works Symphony Voice Analytics is an add-on feature for Symphony’s existing voice service, which…

Russian Bank VP Dies After Losing 90% of Profits in Mysterious Fall

A rising star in the banking sector Kristina Baikova, the 28-year-old vice president of Loko-Bank, one of Russia’s leading private banks, died after falling from her 11th-floor apartment window in Moscow on June 23, 2023. She was pronounced dead at the scene by the paramedics. Baikova was a rising star in the banking sector, having joined Loko-Bank in 2021 as a deputy head of the corporate finance department. She was…

China’s economy faces a £70 billion crisis as banks struggle to cope with bad loans

The impact of Covid-19 and trade war on China’s banking sector China’s economy, which was already slowing down before the Covid-19 pandemic, has been hit hard by the health crisis and the trade war with the US. The country’s banking sector, which is the largest in the world by assets, is facing a serious challenge as the number of bad loans has surged to a record high. According to the…

Retail Marketing Can Adapt To The Changing Consumer Behavior In The Post-Pandemic World

Retail marketing is the process of promoting and selling products or services to consumers through various channels, such as physical stores, online platforms, social media, etc. Retail marketing is crucial for attracting and retaining customers, increasing brand awareness, and generating revenue. However, the retail industry has faced many challenges and disruptions in the past few years, especially due to the Covid-19 pandemic, which has changed the consumer behavior and preferences…

ECB may take on more responsibility for regulating shadow banks, says Enria

The European Central Bank (ECB) could take on a bigger role in supervising shadow banks, such as money market funds and investment firms, according to its top banking supervisor, Andrea Enria. Shadow banking poses systemic risks Shadow banking is a term that refers to the activities of financial intermediaries that operate outside the regulated banking system, such as hedge funds, private equity funds, money market funds, and investment firms. These…

India and Indonesia banks set to benefit from global rate hikes

As the world faces a slowdown in growth and higher inflation, some Asian banks are expected to perform well in the next year. Investors are betting on banks in India and Indonesia, which have strong loan and profitability profiles, to provide returns amid the challenging environment. Global rate hikes pose challenges for Asian banks The global economy is set to slow down as inflation remains stickier than expected, leading to…

EnergyAid Highlights the Importance of Solar Inspections in Real Estate Transactions

What is EnergyAid? EnergyAid is a company that provides solar energy services and repairs for residential and commercial customers. The company specializes in inspecting and diagnosing existing solar systems, ensuring their optimal performance and efficiency. EnergyAid also offers module cleaning, solar panel repair, inverter troubleshooting, monitoring troubleshooting, battery services, and solar panel removal and re-installation. Why are solar inspections important? Solar inspections are important for both buyers and sellers of…

Lotus launches its own liquid-cooled charger technology for electric vehicles

Lotus, the UK-based automaker known for its sports cars and racing heritage, has announced a new line of EV charger products that use liquid cooling technology to deliver fast and efficient charging. The company claims that its chargers are the first in the world to use this innovative approach, which can reduce the charging time and extend the battery life of electric vehicles. What is liquid cooling and why is…

How a Tech CEO Manages His Company from the Battlefield

The story of Eyal Waldman, the founder of Mellanox Technologies, who was drafted into the Israeli army at the age of 63 Eyal Waldman is not your typical tech CEO. He is also a reserve soldier in the Israeli army, who was called up for duty in the recent conflict with Hamas in Gaza. Waldman, who founded and led Mellanox Technologies, a company that develops and manufactures electronic products and…

Father of Molly Russell urges tech firms to take responsibility for harmful online content

The father of Molly Russell, a 14-year-old girl who took her own life after viewing harmful online content, has urged tech firms to take more action to prevent future deaths. Ian Russell said social media companies are still pushing “harmful content to literally millions of young people” and that “little has changed” since Molly’s death in 2017. Molly’s death and the coroner’s ruling Molly Russell was a bright and caring…