The Financial Stability Board (FSB) has urged financial institutions to put more human oversight of AI systems in place, in ...
Mastercard has launched a new platform combining traditional payment infrastructure with stablecoin capabilities, allowing ...
The Financial Conduct Authority (FCA) plans to use artificial intelligence to automate much of its supervision and ...
Nearly a quarter of Wall Street finance firms are using AI proficiency as a major metric to determine employees’ bonuses, ...
Bank of America has been fined more than $1.2 billion by US regulators for failing to report billions of dollars in ...
London Stock Exchange Group (LSEG) has confirmed it is in discussions to purchase the credit data specialist Octus for $3.5 ...
Deutsche Bank has rolled out a new on-premises AI platform across its investment banking and capital markets teams in Europe and North America.
Crédit Agricole, France’s second-largest bank, has signed an agreement to acquire German commercial lender IKB Deutsche ...
The US Office of the Comptroller of the Currency (OCC) found on 14 October that nine of the country’s largest banks had ...
NatWest has improved the accuracy of its AI speech recognition technology, helping it to better understand the range of ...
Banking regulators around the world are increasing their efforts to contain the risks posed by AI to global financial ...
HSBC will phase out fixed-pay allowances for employees from January 2028 as the removal of UK restrictions on bankers’ ...