Lloyds Slashes Jobs as Banking Customers Shift to Digital
British bank Lloyds is reportedly eliminating 1,600 jobs amid an increased focus on digital banking, following layoffs at other big banks.
Source: pymnts.com
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Most Customers Switch Banks for Better Digital Experiences
Over 50% of customers switched banks last year for better digital experiences, according to PYMNTS Intelligence, despite some reservations about AI in banking.
Source: pymnts.com
McDonald's Taps Generative AI as Restaurants Automate
McDonald’s is leveraging Google Cloud’s generative AI tools as restaurants turn to the technology to boost efficiency and explore customer-facing capabilities.
Source: pymnts.com
Dave & Buster's Digitizes in-Store Experience
As full-service restaurant chains find ways to integrate digital technologies into the on-premise experience, Dave & Buster’s is encouraging mobile engagement.
Source: pymnts.com
Virtual Pizzeria Milano Vice Raises $9M Amid Market Upheaval
Even as many virtual brands struggle amid changing economic conditions, Berlin’s Milano Vice pizza delivery brand has raised $9 million in a Series A round.
Source: pymnts.com