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Financial Services

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.

Monzo finally turns a profit, ramps up tech spend £18.5m

The challenger bank has made big investments in tech and is committed to building its own native systems to own every part of its stack

Software update bug triggers brief NYSE chaos, market feed data centre failover

"CTA failed over to the secondary data center, which is operating on the previous version of the software."

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