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[ad_1] BNP Paribas is looking to use AI and gen AI for revenue generation and cost optimization. “In 2023, we continued to invest in technology and...
[ad_1] Venture funding fell in 2023 as investors took uncertain macroeconomic conditions into account and doubled down on due diligence. Global venture funding in 2023 stood...
[ad_1] CaixaBank is deploying AI as a ‘cognitive assistant’ to personalize the bank’s services and streamline back-end processes. The $678 billion CaixaBank developed its own AI-driven...
[ad_1] HSBC Holdings Plc is set to debut an international payments app aimed at directly challenging the dominance of fintechs like Revolut and Wise Plc that...
[ad_1] Santander Bank has successfully moved its corporate investment banking business to the cloud as part of its effort to migrate all of its operations. The...
[ad_1] The European Parliament and European Council reached a deal Friday on AI regulation to protect consumers from high-risk uses of the technology while promoting innovation...
[ad_1] As AI in the banking industry continues to grow, financial institutions must be confident in the accuracy and security of the technology, according to the...
[ad_1] NatWest’s generative AI team is looking at hundreds of applications for the technology throughout the bank, and categorizing the use cases is part of the...
[ad_1] The UK has started consulting on its proposals to oversee the cloud computing and data analytics services that banks depend on, a push that could...
[ad_1] BNP Paribas aims to develop 1,000 AI use cases by 2025. The $2.6 trillion, Paris-based bank has been using AI for years and already has...
[ad_1] European fintech funding experienced a massive drop in funding and number of deals in the third quarter. In Q3, European fintechs raised $1.3 billion (1...
[ad_1] Major banks in the European Union and the United Kingdom benefited from high rates during the third quarter, while others competed for consumer deposits. European...
[ad_1] Deutsche Bank is exploring generative AI within its operations as it looks to third-party startups to develop the technology. “Artificial intelligence is one of the...
[ad_1] Deutsche Bank made a seed investment in AI-driven information and documentation processing company Kodex AI last month. The Berlin-based startup raised 1.6 million euros ($1.7...
[ad_1] Netherlands-based ING Bank has identified AI and analytics as a critical priority as digital usership ticked up in the third quarter. The $967 billion bank...
[ad_1] Digital bank Arc today rolled out its international treasury product, Arc Global Treasury, to serve global startups gravitating back toward digital banks, and away from...
[ad_1] Deutsche Bank completed the IT migration of financial institution Postbank to its network during the third quarter and has decided to shutter nearly half of...
[ad_1] HSBC is managing expenses by investing in technology and increasing efficiency. London-based HSBC’s operating expenses increased by 1% year over year to $7.96 billion in...
[ad_1] NatWest is looking to customer data to drive deposits amid uncertain macroeconomic conditions. The $890 billion bank is dealing with inflationary pressures and working to...
[ad_1] Lloyds Bank continued to prioritize the optimization of people, technology, and data in the third quarter. As part of its effort to gain efficiencies, the...