2025 – Page 79 – FintechDaily

NatWest Partners with AWS to Develop Generative AI Tools and Expertise

NatWest is enhancing its partnership with Amazon Web Services (AWS) to leverage cutting-edge generative AI technology from the cloud provider. As part of this initiative,...

ECB Explores ChatGPT-like AI Technology

The European Central Bank (ECB) is considering the potential of large language models, akin to ChatGPT, for tasks such as document analysis and software testing....

Banks Voice Discontent Over Cloud Service Returns

A recent report by Capgemini reveals considerable dissatisfaction with cloud services among financial services firms, with fewer than 40% of executives expressing high levels of...

What Lies Ahead for Sustainable Banknotes?

Rethinking Cash: The Move Towards Sustainable Banknotes Despite the rapid advancements in digital banking, cash continues to be the most widely used currency globally. This...

EU Central Banks Investigate Coordinated Settlements in Foreign Exchange

The Bank for International Settlements (BIS) and its central bank partners have successfully demonstrated the interoperability of wholesale payment infrastructures, such as Real-Time Gross Settlement...

AI Competition Intensifies Between France and the UK

Xavier Niel, the prominent French billionaire and chairman of the Iliad Group, has declared plans to host an AI conference in Paris this November, aligning...

Bitfinex Hacker Who Embezzled 120,000 Bitcoins Sentenced to Five Years in Prison

Ilya Lichtenstein has received a five-year prison sentence for his role in a money laundering scheme linked to a significant 2016 hack of the Bitfinex...

“ESG’s Complexity: The Major Challenge Ahead” – Brown Brothers Harriman

At Sibos 2022 in Amsterdam, we interviewed Adrian Whelan, the global head of regulatory intelligence at Brown Brothers Harriman, prior to his panel discussion titled...

Jamie Dimon Predicts AI Might Pave the Way for a 3.5-Day Work Week

In a recent interview with Bloomberg, JPMorgan Chase CEO Jamie Dimon discussed the transformative potential of artificial intelligence (AI), acknowledging its dual impact on the...

TrueLayer Reduces Workforce by 25% in One Day

Open banking provider TrueLayer has reportedly reduced its workforce by 25% as part of a strategic effort to achieve profitability. Based in London, the company...