FintechDaily Staff – Page 441

Generative AI: Examining Its Impact on the Financial Services Sector

Join Finextra at our inaugural London event at the end of November to explore the transformative role of AI in financial services and the impact...

US Agencies Offer Guidance on Preventing Elder Financial Exploitation

The Board of Governors of the Federal Reserve System (FRB), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Financial Crimes Enforcement Network (FinCEN),...

Fintech Investment Sector Continues to Show Weak Activity

Venture capital investment in US fintech is currently experiencing a downturn, remaining close to a six-year low for the sector, as reported by Silicon Valley...

States Need to Address Gaps in Federal Law to Safeguard Customer Financial Data

US states need to evaluate the gaps in their data privacy laws to ensure that Americans are safeguarded, especially as financial institutions increasingly seek to...

Banque de France and Monetary Authority of Singapore Successfully Conclude Post-Quantum Cryptography Trial

The Banque de France (BdF) and the Monetary Authority of Singapore (MAS) have successfully completed a pioneering joint experiment in post-quantum cryptography (PQC), aimed at...

Singapore Prolongs Deadline for Phasing Out Corporate Paper Cheques

The Monetary Authority of Singapore (MAS) has postponed the deadline for phasing out corporate cheque payments by one year to allow businesses additional time to...

Afin Partners with Thought Machine to Launch Digital Bank for Africans in the UK

Afin Bank, a digital lender aimed at supporting individuals from Africa living and working in the UK, has chosen Thought Machine as its core banking...

Fintech at the Core of the UK’s Financial Services Growth Strategy

The new UK government will prioritize fintech and sustainable finance as vital growth opportunities in the financial services sector, according to Chancellor of the Exchequer,...

AI: OpenAI and Others Experience Delays in Training New Language Models

Join us in London on 26 November to explore the current AI challenges, opportunities, and the future of AI in financial services. AI giants like...

UK Sees Second Consecutive Year of Increased Cash Usage

Cash usage in the UK increased for the second time this year as consumers opted for physical currency at the register to better manage their...