GenAI and LLMs embraced by nearly half of financial firms to enhance data-driven risk management
A recent survey conducted by ORX, involving some of the largest banks and insurance companies worldwide, revealed almost half (45%) of financial firms are using at least one of the mainstream genAI ...
Wells Fargo to sell San Francisco HQ to favour US East Coast - WSJ
Exclusively reported by The Wall Street Journal, the bank's San Francisco Financial District office may be for sale later ...
The Clearing House to raise RTP network individual transaction limit to $10m
The Clearing House, the operator of the RTP® network, the largest instant payments system in the United States, will raise the individual transaction limit to $10 million. The increased limit supports ...
Crypto.com to launch card in Bahrain and expand across GCC region
After securing a principal licence with Mastercard, Crypto.com customers will now be able to use their card at over 150 million in-store and online locations worldwide.
90% of financial firms lack upskilling and regulatory preparedness for generative AI adoption
UK financial services firms are facing significant challenges in integrating Artificial Intelligence and Generative AI technologies, according to the EY European Financial Services AI Survey.
UK consumers want quickest turnaround on financial product decisions compared to Europeans
Consumers in the UK are the most likely in Europe to demand near-immediate decision-making on services and product applications by banks, insurers and lenders.
NatWest launches first fintech growth programme
NatWest Group is set to launch its first Fintech Growth Programme, an exciting opportunity for fintech startups to use the resources, expertise and networks of an established high-street bank to help ...
23% of LGBTQ+ talent not comfortable being 'out' at work in financial services
Gen Z LGBTQ+ professionals believe leaders in the financial services industry are ineffective at being allies to the LGBTQ+ community, finds a new report from LGBT Great. This issue is likely to ...
WealthKernel and Griffin to offer savings accounts with an API-first approach
WealthKernel, a leading digital investment infrastructure provider, has partnered with Griffin, the UK’s leading bank for fintechs. This partnership enables WealthKernel to embed and offer savings ...
AI power centres are fresh targets for hackers - Experian
Data Breach Industry Forecast includes five 2025 predictions for 2025 that show that global data breaches show no signs of ...
Mastercard agrees to £200m settlement for fee overcharging
It has been reported that claimants had been seeking £10 billion in compensation for alleged overcharging over several years.
BNP Paribas launches post-trade data management services with NeoXam
BNP Paribas’ Securities Services business today announces the launch of new post-trade data management services, leveraging the Investment Data Solution (IDS) of NeoXam, a market leader in financial ...