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Citi to lay off 10% of workforce through 2026

BankInovation

Citigroup’s restructuring efforts, investment in technology and reduction of overhead costs will result in a loss of 20,000 jobs, or 10% of its workforce, through 2026, the bank said today in its fourth-quarter earnings report.

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Open banking will reach 304M users by 2026

BankInovation

Open banking is predicted to grow nearly 680% by 2026 to 304 million users as regulations, technology and consumer awareness of their data improves.

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Today In Data: Challenges And Advancements In Smart Technology

PYMNTS

The smart technology field continues to be hampered by security issues even as solutions in the space are put to use in many cases. In pet technology news, Pawscout is helping owners find their wayward pets with a Bluetooth-enabled tag as pet retail becomes a fierce battleground. All this, Today In Data. All this, Today In Data.

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Payment innovations remain Apple’s top FinTech priority | Deutsche Boerse to issue digital securities | Digital Euro will not be available until 2026

Bussman Advisory

The post Payment innovations remain Apple’s top FinTech priority | Deutsche Boerse to issue digital securities | Digital Euro will not be available until 2026 appeared first on Bussmann Advisory AG. Subscribe now to our weekly newsletter. Contact us at info@bussmannadvisory.com for more details.

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Global Digital Banking Market to Reach $30.1B by 2026

Banking Exchange

Technology and Covid-19 propel push towards cashless society according to new market study Technology Tech Management Feature3 The Economy Feature Digital.

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Bitcoin Daily: Australia’s RMIT To Offer Grad Certificates In Blockchain Business, Cybersecurity

PYMNTS

RMIT Online has unveiled two postgraduate programs as predictions indicate that 18,000 more cybersecurity workers will be needed in Australia by 2026, according to an announcement from the university. And the cybersecurity space has the possibility to nearly triple in size by 2026, as cited by the report. A global skills gap of 2.93

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CFPB highlights AI-driven chatbot risks for FIs

BankInovation

Financial institutions must consider the efficiencies and limitations of artificial intelligence when deploying chatbots as client adoption grows and regulators address pain points of the technology. million users by 2026. In […]