RO-AR.com Links – Reading this week

Links, headlines and stories interest from around the industry

LINKS ¦ Reading this week

Google’s AI Expansion Increases Carbon Emissions: Despite ambitions for net zero, Google’s reliance on AI-driven data centres has escalated its carbon footprint. Read more.Revolut Achieves Record Profits: In 2023, Revolut reported a significant profit increase and expanded its customer base to 38 million. Read more.Bank of Ireland Intensifies Tech Hiring: To bolster its digital projects, the bank plans to fill 100 technology roles. Read more.Challenges in Fintech Project Management Revealed: A detailed discussion on the struggles and successes within fintech… Read more

LINKS ¦ Reading this week

Amazon Workers Strike During Black FridayWorkers at Amazon in the UK are organising a strike during Black Friday to demand higher wages and improved safety measures. Read moreHong Kong Authorities Arrest Debt Collection Gang MembersA recent police operation in Hong Kong led to the arrest of 12 individuals involved in aggressive debt collection practices. Read moreUrgent Call for Action on UK’s Social Health DeterminantsA report highlights the need for urgent governmental action to address social health determinants affecting children in… Read more

LINKS ¦ Reading this week

Starling Intensifies Legal Actions as Loan Defaults Rise: Amid increasing loan defaults and a regulatory probe, Starling Bank has stepped up legal measures against delinquent debtors. Read more.AI Enters the Political Arena in 2024: Artificial intelligence is increasingly being used in political campaigns, influencing public opinion through targeted advertising. Read more.Neuromorphic Computing Poised to Revolutionize Tech Industry: Innovations in neuromorphic computing could drastically change competitive dynamics in technology by simulating brain processes. Read more.Sainsbury’s Divests Banking Division to NatWest: In… Read more

LINKS ¦ Reading this week

Monzo Achieves Year of Profitability: Monzo records its first full year of profitability, indicating a pivotal shift in its financial standing. Read moreAI Accelerates Battery Safety Research: Researchers use AI to speed up the search for safer and more effective battery materials. Read moreUK Mortgage Borrowing Peaks: Mortgage borrowing in the UK rises to the highest level since October 2022 as market conditions improve. Read moreGenerative AI Could Increase Corporate Inequalities: The adoption of generative AI technologies is seen as… Read more

LINKS ¦ Reading this week

Visa Introduces AI-Powered Fraud Detection in the UK: Visa has launched a new service that utilises AI to offer real-time fraud detection, enhancing security for transactions. Read more Household Budgets Strain Under Rising Debt Repayments: UK households are feeling the pinch as debt repayments have increased significantly, impacting monthly budgets. Read more BBC Data Breach Affects Thousands: A security incident has exposed personal details of current and former BBC employees, prompting an urgent response from the corporation. Read more Chatbot… Read more

LINKS ¦ Roundup

AI in Debt Collection: Transforming Financial Recovery Practices – AI optimises resource allocation and increases collector efficiency to maximise collection outcomes. (Read more: link)Former Debt Collector Reveals Australian Industry’s Dark Secrets – Unethical practices in the Australian debt collection industry are exposed, including the use of fake social media profiles. (Read more: link)Reduction in Staff Discretionary Effort Affects NHS Productivity – A decline in staff discretionary effort since the COVID-19 pandemic has adversely impacted NHS productivity. (Read more: link)UK Calls… Read more