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International Banker: A Leading Source of Analysis on International Banking

International Banker is a website that provides authoritative analysis on international banking, finance, and technology. It covers topics such as banking trends, monetary policy, climate change, fintech innovation, and more. The website aims to inform and educate its readers about the latest developments and challenges in the global banking industry. How Banks Are Responding to Africa’s and the Middle East’s Evolving Financial Needs One of the recent articles on International…

FCA warns banks over denying accounts to politicians

The Financial Conduct Authority (FCA) has issued a warning to banks that they could face fines if they wrongly deny accounts to politicians and their relatives. The regulator is reviewing how banks treat politically exposed persons (PEPs) amid claims that some have faced unfair scrutiny or rejection. What are PEPs and why do they matter? PEPs are individuals who hold or have held prominent public positions, such as MPs, ministers,…

Chinese joint-stock banks face challenges amid economic slowdown

Lower margins and profits The economic outlook of China, the world’s second-largest economy, has been affected by the recent surge of COVID-19 cases, the regulatory crackdown on some sectors, and the ongoing trade tensions with the US. This has also impacted the performance of Chinese joint-stock banks (JSBs), which are commercial banks that are partly owned by the public. According to a report by CreditSights, a credit research firm, JSBs…

Watchdog warns banks of fines for unfair treatment of politicians

The Financial Conduct Authority (FCA) has issued a warning to banks that they could face fines if they wrongly deny accounts to politicians and their families. The regulator is reviewing how banks handle the cases of politically exposed persons (PEPs), who are subject to additional checks due to their potential risk of corruption or money laundering. FCA vows to act against ‘tick-box’ approach Sarah Pritchard, executive director at the FCA,…

National Domestic Violence Hotline Uses Technology and Collaboration to Modernize Its Services

The National Domestic Violence Hotline (The Hotline) is a 24/7 service that provides support, information, and resources to victims and survivors of domestic violence. The Hotline has been operating since 1996 and has answered over 6 million calls, chats, and texts from people in need. However, the COVID-19 pandemic has posed unprecedented challenges for The Hotline and its staff, as well as increased the demand for its services. How the…

Online skill gaming industry attracts tech talent in Kerala

Study reveals high interest in online gaming sector among technology students and professionals A recent study conducted by the E-Gaming Federation (EGF) and the Indian Statistical Institute, Kolkata (ISIK) has revealed that the online skill gaming industry is being seen as a potential high-growth sector by tech talent in Kerala. The study, titled ‘Unveiling the Potential and Scope of the Online Skill Gaming Industry: A Study with Technology Students and…

Tokyo Tech students win award for dazzling underwater robot show

Tokyo Tech students from the Society for the Study of Robotics, an official student club, have won the Best Performance Award at the International Federation of Automatic Control (IFAC) Marine Robots Night Festival. The event was held at Nippon Maru Memorial Park in Yokohama City on July 12, 2023, as part of the IFAC World Congress 2023, a public forum that took place at the Pacifico Yokohama convention complex from…

How Wales can harness technology to create new opportunities for its talent

Technology and digital transformation are changing the world of work and creating new possibilities for people and the country. But how can Wales develop the skills and talent needed to seize these opportunities? This article explores some of the initiatives and challenges in this area. The demand for digital skills and talent According to The World Economic Forum’s Future of Jobs Report 2023, more than 85% of the businesses surveyed…

News Technology

Vizrt announces the end of NewTek brand and merges its products

Vizrt, a leading provider of software-defined visual storytelling solutions, has announced that it is consolidating its Vizrt and NewTek businesses under the Vizrt brand. The move is in response to the converging broadcast and pro AV markets, and the changing needs of customers and end users. Vizrt acquires NewTek in 2019 Vizrt acquired NewTek, a pioneer of IP-based video production, in 2019, with the aim of creating the largest company…

AI experts urge government to invest in GPU clusters for startups

The Economic Times reported that top technology executives and venture capitalists have called for the government to build large-scale GPU clusters for startup founders to innovate and realise their AI dreams. GPU clusters are groups of computers that have a graphics processing unit (GPU) on every node, which provide accelerated computing power for specific tasks such as image and video processing and training neural networks and other machine learning algorithms.…