AGP Executive Report
Last update: an hour agoRetail & Consumer Tech: Zendesk says AI voice agents can cut the “press one for sales” friction in customer service, moving callers toward faster help and action. Payments & Banking: Ripple’s Jeonbuk Bank deal makes it the first Korean regional bank using Ripple Payments for cross-border remittances, aiming to replace slow SWIFT-style settlement with near-instant transfers. Personal Finance Products: Mercury launches two new Treasury offerings with Morgan Stanley and State Street to help startups earn more on idle cash while keeping conservative, liquid profiles. Markets & Consumer Impact: South Korea’s KOSPI plunged 5.8% as a global chip selloff hit tech and bond yields jumped amid Middle East risk. Food Safety: Surat, India, reports a suspected restaurant-linked food poisoning death of a 5-year-old and hospitalizations for four family members. Global Retail Investing: KKR buys a stake in India’s BookMyShow, betting on live entertainment demand. Inflation Watch: South Africa’s consumer inflation cools to 4.3% in July, easing from June. Travel Retail: Falic Group agrees to acquire DFS luxury travel retail concessions at Abu Dhabi airport, expanding its luxury footprint.
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