Finance

How genAI is transforming financial services
Finance

How genAI is transforming financial services

By Michael Cullum, Vice President of Engineering at Bud Financial Generative AI (genAI) is a powerful tool that is transforming the financial industry and empowering financial services professionals. It is making banks more data-driven and insightful, improving decision-making; providing deeper insights; and achieving greater agility, personalized customer service, and automation. The quality of transaction data

Are you saving for retirement? Financial literacy is the key to success
Finance

Are you saving for retirement? Financial literacy is the key to success

What is financial literacy? Have you heard of a special day being designated each year to highlight the importance of personal finance? August 14th is National Financial Awareness Day! It’s a day dedicated to increasing the financial IQ of everyone from young people just starting out to seniors entering retirement. Financial literacy begins with being

Florida Retirees in Financial Trouble
Finance

Florida Retirees in Financial Trouble

Florida is no longer the retirement haven it once was, according to Bankrate’s latest study, which ranks it eighth on the nation’s list of best states for retirement. Delaware stands out as the best state for retirees, thanks to its high-quality health care, light tax burden, affordable homeowners insurance and pleasant weather, according to the

Finance guru's dire recession warning for Aussies: 'Big trouble'
Finance

Finance guru’s dire recession warning for Aussies: ‘Big trouble’

Mark Bouris has issued a stern warning to Australians after interest rates were left unchanged. (Source: Provided/Getty) Financial analyst Mark Bouris has warned that Australia is hurtling towards a recession if interest rates remain high, noting that on a “per capita” basis we are already in a deep recession. The Reserve Bank of Australia (RBA)

Economic experts try to calm fears after gloomy financial news
Finance

Economic experts try to calm fears after gloomy financial news

RALEIGH, North Carolina (WTVD) — After a weak employment report sent stocks tumbling on Friday, the downward momentum continued all week with big losses. By the closing bell, the Dow was down more than 1,000 points, the NASDAQ was down 576 points, and S.&P closed down 3%. And let me also make it very clear

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