FintechDaily – Page 188 – Fresh Dose of Fintech News

UK Banks Experience a Month of Outages Over Two Years; Barclays to Compensate Millions for IT Downtime

Recent data released by the Treasury Committee indicates that nine of the leading banks and building societies in the UK have experienced a staggering total...

Emirates NBD Ventures into the Cryptocurrency Market

Emirates NBD has enhanced its digital banking platform, Liv, by incorporating cryptocurrency trading capabilities into its mobile banking app. This new feature is launched in...

Sustainable Finance Live 2024: Just 4 Days Left!

The upcoming Sustainable Finance Live conference, set to take place at Events@No6 in London next week, promises to be a pivotal gathering for industry professionals...

Putin Directs Russian Bank to Collaborate with China on AI Initiatives

Sberbank, the largest banking institution in Russia, has been directed by President Putin to enhance collaboration with China in the development of artificial intelligence (AI)...

Exploring the Transaction Journey and Evaluating Nature-Related Risks

Dr. Nicola Ranger, the director of the Global Finance and Economy Group at the Environmental Change Institute, University of Oxford, recently delivered a keynote address...

Lloyds to Reduce UK Workforce and Transfer IT Skills to India

Lloyds Banking Group is set to make significant changes to its workforce by eliminating hundreds of permanent IT positions in the UK while simultaneously expanding...

Transforming Nature into a Valuable Investment

The "Showcase of the Art of the Possible" session within the Sustainable Finance live section aimed to illuminate the process of transforming natural capital into...

Nationwide Streamlines Data Infrastructure to Support Generative AI Initiatives

Nationwide Building Society is set to enhance its utilization of Generative AI following a successful initial deployment in collaboration with Microsoft. The UK-based financial institution...

The Importance of Data in Nature Capital

In the final panel discussion of the day, led by Richard Peers, founder of ResponsibleRisk, the focus was on the integral role of data in...

RBC and Cohere Partner to Co-Develop Generative AI Models for Enhanced Data Security and Privacy

The Royal Bank of Canada (RBC) has joined forces with AI company Cohere to co-create a sophisticated security and data privacy application leveraging generative AI...