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Financial Services

Charles W. Scharf discussed the "impact" of GenAI with analysts (Image: Wells Fargo)

"There is traditional AI - and then there is GenAI..."

Jane Fraser at the World Economic Forum Annual Meeting  in 2022 (Image: World Economic Forum)

Banking group facing huge payout after allegedly making "insufficient progress" on risk and data quality management transformation

Global fintech investment slump worsens: UK suffers 'steep drop'

The slowdown in funding activity during 2024 comes after a year so bad it was described as a "bloodbath" for fintech startups.

The report was released today after a year's FOI persistence by legendary reporter Jason Leopold.

"Hi. This is the Prezident here on zelensky.prank@rebel.spirit. Can I have your number and your friends' too?"

AI will impact more than half of finance jobs -- banks to spend $40 billion: Citi

"This process requires an ability to efficiently validate, understand, and store content of documents to correctly implement client instructions"

BNY poaches BP's Leigh-Ann Russell as new CIO -- eyes sustained modernisation

CEO Robin Vince earlier cautioned BNY had "operated in a way that was vertically integrated and became siloed..."

The Big Interview: BAE Systems CISO Mary Haigh

"You can't run around with your hair on fire"

New JPMorgan CTO Sri Shivananda

Thanks to Artificial Intelligence and $17 billion on technology spending annually, it will not be the same when he leaves.

NatWest AI chatbot LLM

Cloud-based ChatGPT 3.5 turbo as the underlying model, with NeuralSeek-powered RAG in support.

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