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Uruguay Budget Bill Sees Growth Slowing to 1.3% in 2023
Uruguay Budget Bill Sees Growth Slowing to 1.3% in 2023
A deep drought and global slowdown will probably slash Uruguay’s growth to 1.3% this year followed by an
2023-07-01 09:57
Tesla's Musk says fallout from Sweden strike 'insane'
Tesla's Musk says fallout from Sweden strike 'insane'
Tesla chief executive Elon Musk broke his silence Thursday on a strike against his company in Sweden, saying it was "insane" that it...
2023-11-23 18:56
Euro zone business downturn deepens far more than thought in July -PMI
Euro zone business downturn deepens far more than thought in July -PMI
LONDON A downturn in euro zone business activity deepened much more than expected in July as demand in
2023-07-24 16:27
US Black Friday sales rise 2.5% -Mastercard Spendingpulse
US Black Friday sales rise 2.5% -Mastercard Spendingpulse
Mastercard Spendingpulse said on Saturday that U.S. retail sales on Black Friday rose 2.5% year-over-year excluding automotive sales,
2023-11-26 02:19
As Taiwan's government races to counter China, most people aren't worried about war
As Taiwan's government races to counter China, most people aren't worried about war
Taiwan’s government is racing to counter China, buying nearly $19 billion in military equipment from the U
2023-09-02 12:15
Ex-SMBC Nikko Execs Set for Court Trial Over Alleged Rigging
Ex-SMBC Nikko Execs Set for Court Trial Over Alleged Rigging
Two former foreign executives of SMBC Nikko Securities Inc. will appear in court over their role in allegedly
2023-05-24 05:24
UK inflation surprises for all the wrong reasons
UK inflation surprises for all the wrong reasons
UK inflation dropped back below 10% in April but didn't fall as sharply as economists were expecting, and one crucial measure of prices rose further to hit a 31-year high.
2023-05-24 16:47
Banking app feature allows economic abuse survivors to mute malicious messages
Banking app feature allows economic abuse survivors to mute malicious messages
Starling Bank has launched a feature in its app allowing customers to hide payment references, which could help survivors of economic abuse. The “hide references” feature is designed to help people mute unwelcome or abusive references that can accompany bank transfers. Payment references are generally simply intended to describe the nature of a payment, such as “rent”, “mum’s birthday gift” or “dinner”, for example. But in cases of economic abuse, they can be misused, with the aim of upsetting or trying to manipulate the recipient. An abusive former partner who has been blocked from other forms of contact, may, for example, send messages claiming they miss their ex, or even send insults or threats, Starling Bank said. Using online bank payment references to send intimidating or malicious messages is just one of the ways an abuser can maintain control from afar, leaving victims feeling helpless and highly vulnerable Lauren Garrett, Surviving Economic Abuse These references can be used as a way for an ex-partner to maintain some control and have a triggering impact on the recipient. The bank said multiple messages may even be sent to accompany payments as small as 1p. It has partnered with the charity Surviving Economic Abuse to launch the feature. Economic abuse, which is often accompanied by other forms of abuse, can involve someone taking another person’s wages, stopping them from working, or intentionally putting them into debt. While such abuse can happen within couples, it may sometimes take place within other types of relationships; for example, an adult child may abuse a frail and elderly parent, or a parent may abuse a child. Abusive payment references are a key obstacle for economic abuse survivors to overcome, Starling Bank said. Starling’s personal current account holders can use the feature by swiping up from the app home screen to pull up their transaction fee, tapping on a payment that has been received with an unwanted reference, and tapping the hide icon. This will hide references from past or future payments made from that account. Starling said the new feature will not stop money landing in a customer’s account – the recipient will simply not see any payment references that come from the sending account. Customers can choose to unhide payment references in the app at any time. Starling said one person had told the bank: “The ability to hide these references with a simple tap makes all the difference and I am so pleased that Starling has listened to my experience.” This feature shows just how powerful technology can be in making people’s lives easier Charity Wood, Starling Bank Lauren Garrett, financial services manager at Surviving Economic Abuse, said: “Economic abuse can continue, increase, or even start long after a victim-survivor has separated from an abuser. “Using online bank payment references to send intimidating or malicious messages is just one of the ways an abuser can maintain control from afar, leaving victims feeling helpless and highly vulnerable. “We’re pleased to be working with Starling on this new feature and commend them for sharing what they are doing to give survivors the power to choose what payment references they see without having to relive traumatising experiences to customer services. “This small in-app feature will make a huge difference to survivors’ ability to bank safely, and we’re proud to work alongside financial services who are listening to the voices of victim-survivors and encourage firms to continue closing down gaps in products and services which are being used to inadvertently facilitate abuse.” Starling is a founding signatory in the UK Finance financial abuse code. The hide references feature is part of the bank’s existing work supporting economic abuse survivors, which includes a dedicated vulnerable support team. Charity Wood, head of customer experience at Starling Bank, said: “Anyone can experience economic abuse; they might not realise that it’s happening to them or how their bank can support. “This feature shows just how powerful technology can be in making people’s lives easier, and is testament to Starling’s belief in doing the right thing.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Augmented reality headset Vision Pro is ‘most advanced device ever’ – Apple Revealed: The delivery apps charging you double for your food shop Therapist develops secret app to help abuse victims
2023-06-06 07:17
Spirit Aero cuts 737 fuselage delivery forecast
Spirit Aero cuts 737 fuselage delivery forecast
Spirit AeroSystems on Wednesday cut its full-year forecast for 737 fuselage deliveries, one of its biggest programs, as
2023-11-01 19:47
Faraday Future to raise $100 million in debt to resume EV deliveries
Faraday Future to raise $100 million in debt to resume EV deliveries
Electric vehicle (EV) startup Faraday Future Intelligent Electric said on Tuesday it was raising $100 million in debt
2023-05-10 10:27
Thomas R. Nides to Join Wells Fargo as Vice Chairman
Thomas R. Nides to Join Wells Fargo as Vice Chairman
SAN FRANCISCO--(BUSINESS WIRE)--Sep 22, 2023--
2023-09-22 19:48
Japan's weak machinery orders darken outlook, raise policy challenge
Japan's weak machinery orders darken outlook, raise policy challenge
By Kantaro Komiya TOKYO Japan's core machinery orders fell more than expected in July, as manufacturers in the
2023-09-14 09:15