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Financial Services

Monzo fined over AML failings

"Relevant data which Monzo did gather at onboarding (e.g. tax residency, ID type, IP address and adverse media) was not utilised..."

Stripe's semantics-of-money AI turns heads. Can it adapt?

Foundational model shows big results, but fraud doesn't stand still

Barclays' Head of Corporate GenAI Incubator Dileep Pournami gives a talk at AWS Summit London

"We have to embrace disruption..."

Advancing payments: The role of cloud technology and APIs

"Our own J.P. Morgan Payments internal data showed record-breaking transaction volumes..."

LSEG cites DORA as it flags its multi-region cloud failover efforts

"A lot of our customers have applications that require multi-region for resilience. With warm standby, you get an RTO of minutes"

It's finally happened! Bank of England switches on new RTGS engine

Well done to all concerned.

Citi taps Palantir for data modernisation help – tech spend hits $26 million per day

"We will continue to make the investments needed, specifically as it relates to data" says CEO Jane Fraser

Dimon: We’re investing in AI and technology “regardless of the environment”

JPMorgan CEO vents frustration over thicket of regulations

Bank of England warns AI could exacerbate concentration risk, explores possible “system-wide exercises”

"Third-party exposure will continue to increase as the complexity of models increases and outsourcing costs decrease"

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