Standard Chartered at Bank of America conference: growth, AI and caution

For payments executives, artificial intelligence (AI) is quickly becoming less interesting as a productivity tool than as a competitive weapon. In conversation with PYMNTS for the August edition of the What’s Next in Payments series, “Only the Paranoid Thrive?” Nandan Sheth, CEO of Splitit, drew a sharp distinction between the two. Using AI to make employees faster, automate…

British lender Standard Chartered Bank is helping domestic banks mobilise more foreign currency non-resident (bank) [FCNR (B)] deposits through the Reserve Bank of India’s (RBI’s) concessional swap window by lending to them, even as it has itself mobilised a substantial amount under the scheme, which may be more than it can handle, said PD…

Midwest Poultry Services has issued a massive recall across six states due to possible Salmonella contamination. Here are the brand names, plant codes, and safety steps you need to know.

Investors have been warned against putting money into mini bonds issued by unregulated companies just five years after the Financial Conduct Authority (FCA) banned promotions of the risky products. The high-profile collapse of London Capital & Finance in 2019 – where 11,600 bondholders lost an estimated £237 million – prompted the FCA to ban the…

On the Inside SMAs podcast powered by Zephyr’s PSN, host Ryan Nauman speaks with Mario Valente, deputy CIO at Stansberry Asset Management, a 10+ year RIA with nearly $1.4B AUM and offices in Dallas (HQ), New York City, the San Francisco Bay Area, and Washington State. Valente explains the firm’s focus on capital preservation and…