Tag: Banking

Bank simplification risks leaving responsibility behind

Simplification reads well in an annual report. Lower costs, quicker decisions, fewer systems and less friction all signal progress. Inside a global bank, however,...

Customers Bank bets on Palantir to become AI-native

Customers Bank has joined forces with data analytics specialist Palantir Technologies to overhaul how it brings new depositors on board. The move signals a...

Spade brings transaction AI to banks of every size

Spade, a data and AI platform for financial services, has launched Spade Predictions, a product suite designed to give banks and FinTechs access to...

Banks cut reliance on AI giants with Farsight and Ornn

AI platform Farsight has partnered with Ornn, a company building financial markets for compute, to help banks run AI models within their own infrastructure...

Phishing fears push SWIVEL to rethink payment reminders

SWIVEL, the integrated payments specialist owned by SWBC, has launched PayPrompt Pro, a digital communications tool designed to help financial institutions turn loan reminders...

Bank SinoPac goes live on Avaloq in Hong Kong

Bank SinoPac, the Taiwanese lender owned by SinoPac Financial Holdings Company, has completed its rollout of the Avaloq platform, which will now underpin its...

Korea’s FSC orders bank-wide checks after AI cyberattacks

South Korea’s Financial Services Commission (FSC), the country’s financial regulator, has instructed banks and credit card issuers to carry out sweeping security reviews after...

PRA move could free smaller firms from outdated limits

The Prudential Regulation Authority (PRA), the UK body responsible for supervising banks, insurers and credit unions, has put forward plans to tie 128 regulatory...

How banks report geopolitical risk

Geopolitics has become a permanent fixture of the risk landscape, but new research from Prometeia suggests that the conflicts dominating headlines are not always...

Can your AI compliance decisions survive a regulator’s audit?

As financial institutions lean more heavily on AI to support compliance decisions, a pressing question is emerging: can they prove how those decisions were...

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