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Major shakeup at Truist’s tech innovation operation

BankInovation

Truist Financial is overhauling its digital innovation operations. Bank Automation News has learned that a key bank C-level innovation officer left Truist last week, and the bank shut its Foundry unit, which led the FI’s skunkworks ventures.

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FAA OKs American Robotics Drones To Fly Without Human Operators

PYMNTS

The Federal Aviation Administration is letting commercial drone-maker American Robotics operate drones without on-site pilots — but with a number of caveats, according to a decision recently posted on the agency’s website. based company stated in a news release. Decades worth of promise and projection are finally coming to fruition.

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Co-operative Bank Of Kenya Teams With Thunes On SMB Transfers

PYMNTS

To roll out an alternative international money transfer offering called Co-opRemit, the Co-operative Bank of Kenya has teamed with international payment provider Thunes , according to an announcement. “We Co-operative Bank of Kenya works with 8.8 Co-operative Bank of Kenya works with 8.8

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Amex Cleared To Operate In China

PYMNTS

The news was released in a social media post by the official People’s Bank of China (PBOC) account on Wednesday (Jan. The post did not say when Amex would start operations in the country. Final approval from the PBOC is still required in order for Amex to begin operating there.

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Apple Resumes Operation Of All China Retail Locations

PYMNTS

has reportedly put all of them back into operation. In other news, Apple was providing its hourly staff, including retail workers, with unlimited sick time off in the event that they experience symptoms of the coronavirus. After it was forced to shutter its retail locations in China because of the spread of COVID-19, Apple Inc.

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Amazon Seeks 100K Workers For Operations Roles

PYMNTS

As it plans to bring 100 new operations facilities online in September, Amazon announced on Monday (Sept. 14) that it is hiring for 100,000 new regular positions across the U.S. It has also directly developed over 600,000 employment positions domestically throughout operations locations and company offices. “We

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Gen-AI driven chatbot to automate 90% of bunq’s operations

BankInovation

Digital bank bunq rolled out its generative-AI driven chatbot this week and expects the bot to automate most of its operations. 20 and expects it to automate 90% of operations in 2024, a spokesperson from Amsterdam-based bunq told Bank Automation News. Bunq launched the bot, Finn, on Dec.