Tag: retail banks
FCA enforcement shows AML gaps cost firms millions
The Financial Conduct Authority (FCA) has put anti-money laundering (AML) failures firmly in its sights as part of its five-year strategy plan for 2025–2030....
Klarna launches balance and cashback tools, expanding beyond payments
Klarna, a leader in the FinTech sector, has recently unveiled innovative features that directly challenge the core services of retail banks.
Financial Institutions are shifting their workload to the cloud in 2024
This research was derived from a 2023 survey conducted by McKinsey and The Institute of International Finance of 37 financial services companies around the...
Almost 9 in 10 investment firms are seeing performance gains from...
ThoughtLab conducted a comprehensive survey in September / October 2023 of 250 investment providers. These include broker-dealer/wire-houses, private banks, online trading platforms, wealth management...
NLPs and LLMs have risen to the top of AI use...
In a recent survey conducted by Nvidia it is clear the adoption of AI in the financial services sector is rapidly gaining momentum. From...
Velexa shines as the innovation leader in WealthTech
Velexa, a leading player in the WealthTech sector, has recently been distinguished by CBS as an Innovation & Disruption Leader.






