Banks to gain a competitive advantage with the AI-driven business monitoring technology increasingly leveraged in fintech

Ruben Onsu

Traditional BI is being enhanced with automated business monitoring to lower costs and improve customer experience

LONDON, May 5, 2021 /PRNewswire/ — In Business Reporter, David Drai, a founder of AI analytics startup Anodot, explains how machine learning (ML) is transforming the way financial service companies monitor their business and how this technology is poised to change the banking industry.

Teams tasked with monitoring data typically rely on dashboards and static thresholds – manually set for each KPI – to identify anomalies across the business. While this may work well enough for hardware-related KPIs, static thresholds prove

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HTC will reportedly unveil Vive Focus 3 Business Edition and Pro 2 at Vivecon

Ruben Onsu

Bloomberg

Chip Shortage Forces Carmakers to Leave Out Some High-End Features

(Bloomberg) — When automakers were first hit with chip shortages at the end of last year, they tried idling factories until the troubles blew over. But with the crisis stretching into its fifth month and getting worse, they’re getting creative to keep at least some production moving forward.Nissan is leaving navigation systems out of thousands of vehicles that typically would have them because of the shortages. Ram no longer offers its 1500 pickups with a standard “intelligent” rearview mirror that monitors for blind spots. Renault has stopped offering an

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UPDATE 1-Euro zone business growth picked up in April as services expanded -PMI

Ruben Onsu

(Adds comment, detail)

By Jonathan Cable

LONDON, May 5 (Reuters) – Euro zone business activity accelerated last month as the bloc’s dominant services industry shrugged off renewed lockdowns and returned to growth, according to a survey on Wednesday that also showed firms were facing soaring costs for raw materials.

Europe is enduring a third wave of coronavirus infections, forcing some governments to renew lockdown measures to contain its spread, but factories have largely remained open and the services industry has adapted.

So IHS Markit’s final composite Purchasing Managers’ Index (PMI), seen as a good gauge of economic health, climbed to

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Stocks rise as growth shares gain on Wall St; dollar off highs

Ruben Onsu

Stock indexes rose globally on Wednesday, with the Nasdaq leading gains on Wall Street, while the U.S. dollar eased off its more than two-week high hit earlier.

Technology and growth stocks including Apple Inc (AAPL.O) were among the biggest boosts to the Nasdaq.

Energy led S&P 500 sector gains following a rise in crude oil prices. The S&P 500 energy index (.SPNY) was last up more than 3%.

Investors across markets were also trying to position ahead of Friday’s U.S. monthly jobs report.

Tony Rodriguez, head of fixed income strategy at Nuveen, said the Treasury market’s real focus will be

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UNCW Small Business and Technology Development Center Awarded Grant to Aid Small Businesses, Entrepreneurs

Ruben Onsu

Wednesday, May 05, 2021

The UNCW Small Business and Technology Development Center has been awarded a $64,940 grant from the North Carolina Small Business and Technology Development Center to expand assistance to small businesses and entrepreneurs in response to COVID-19.

“Since the beginning of COVID-19, we have been working hand-in-hand with clients to help them with the best strategy to succeed,” said Heather McWhorter, NC Small Business and Technology Development Center regional director and SBTDC director. “With entrepreneurs and small businesses, it is never a one-size-fits-all approach, and that is where the SBTDC’s team of professional business counselors come in.”

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Reed City boutique offers two-in-one shopping experience

Ruben Onsu

This article is part of Business Buzz, a series designed to feature small businesses that make a big impact on the community. Participants featured will include the locally-owned businesses that make up the fabric of Big Rapids and the surrounding area.

REED CITY — It has been nearly a decade since Magnolia Boutique and Gifts came into existence, and in that time, it has grown into a household name in two Michigan communities.

What initially came into existence as an online store facilitated out of owner and then stay-at-home-mom Joy Koetje’s basement, has blossomed into its current state.

Magnolia, which

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