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Lloyd’s Bank To Cut 730 Jobs In January

PYMNTS

In September, Lloyd’s resumed its restructuring plan by announcing cuts at its wealth and insurance unit, where it had started a joint venture with Schroders Personal Wealth. Back in February, Lloyd’s announced that it intended to cut 780 jobs at various branches, citing dwindling business at those locations.

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Community Bank And FinTech Partnerships Gaining Traction

PYMNTS

In an interview with American Banker , Robert Giltner – who chairs RCGILTNER Services , which offers small business lending products – surmised that “ community banks are going to win the FinTech battle. They bank all these small businesses. First and foremost, they already have the customers. ”

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SMEs On The Move — Literally

PYMNTS

Exposure to globalization can fuel business expansion or threaten it, depending on strategy. PYMNTS takes a look at globe-trotting SMEs to discover the trends of small businesses’ global dealings, from business travel to cross-border trade. small businesses, who have been disproportionately hit by the weak pound.

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Quick-Service Restaurants (QSRs) Use In-Store Promotions And Events For A Competitive Edge

PYMNTS

“In order to stay relevant to our customers, the brand has evolved the game over the years while keeping the concept the same,” McDonald’s archivist Mike Bullington told Business Insider. But not all restaurants are innovating like McDonald’s and their Monopoly game. And almost as many restaurants — 72 percent — offer in-store events.

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Technology is solving the retirement wealth decumulation challenge

Insights on Business

According to a study by Schroders , there is a large gap between the income level retirees expect to receive in their golden years and the amount they actually collect. An uncertain future. Many retirees are concerned about their financial sustainability during retirement — and rightfully so.

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Deloitte’s UK employees to decide ‘when, where and how they work’

TheGuardian

Accounting firm embraces ultra-flexible working with staff able to choose if they come into the office at all Deloitte will allow its 20,000 UK employees to choose how often they come into the office, if at all, after the pandemic, making it the latest firm to throw out the rulebook and embrace ultra-flexible working.

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Finovate Alumni News

Fintech Labs Insights

Asset manager Schroders picks Capriza to help drive digital transformation. Stuart Frankel of Narrative Science writes about bots and advanced natural language generation technology in Harvard Business Review. Kensho Technologies CEO Daniel Nadler weighs in on cybersecurity in the Age of Trump.