FCA testing service to enhance client trust in AI
Suman Rao, Managing Director for the UK and Ireland at Avaloq, comments on the FCA’s latest AI announcement and its potential impact on wealth managers: “The FCA’s planned testing service for AI...
Backbase unveils the first AI-powered banking platform
Backbase has officially launched the world’s first AI-powered Banking Platform, marking a major industry shift just months after the debut of its Intelligence Fabric in September 2024. Purpose-built to accelerate both...
Veriff Warns of Rising AI Fraud as 73% of UK Firms Report Revenue Impact
Nearly three-quarters (72.5%) of UK businesses have seen an increase in online fraud over the past 12 months, according to a new survey commissioned by Veriff. The global identity verification firm’s UK Fraud...
Lloyds boosts AI innovation with Google Cloud
Lloyds Banking Group has taken a significant step in its strategic transformation, leveraging the artificial intelligence (AI) and data science capabilities of Google Cloud to transform customer and colleague experience. This transition...
The Asian Inaugural Edition of GITEX GLOBAL
GITEX ASIA 2025—the highly anticipated Asian debut of GITEX GLOBAL, the world’s largest tech show—is set to take place from 23-25 April 2025, at Marina Bay Sands, Singapore. This groundbreaking event...
Temenos survey finds three quarters of banks are exploring GenAI deployment
Temenos (SIX: TEMN), a global leader in banking technology, today shared insights from a worldwide survey conducted by Hanover Research, which gathered perspectives from 420 business and technology leaders in financial...
Sift Unveils Global Identity Insights and Other Innovations to Deliver Rapid and Accurate Risk Decisioning
Sift, the AI-powered fraud platform, today announced significant new product innovations following the recently unveiledIdentity Trust XD framework. The latest enhancements include the introduction of Global Identity Insights, along with substantial improvements...
Capco partners with OpenAI to enhance innovation
Capco announced a collaboration with OpenAI to accelerate AI’s transformative impact at the world’s top financial institutions. This collaboration combines OpenAI’s cutting-edge innovations with Capco’s financial services domain and GenAI expertise...
Markus Villig and Niclas Neglén join Klarna Group PLC’s Board
Klarna, the AI-powered payments and commerce network, confirms Niclas Neglen and Markus Villig have joined the board of directors for Klarna Group PLC. Markus is the founder and CEO at Bolt,...
Sift Launches Identity Trust XD, a Fraud Decisioning Solution Powered by Cross-Dimensional Identity
Transforms fragmented digital identity data into contextual insights for more accurate and effective fraud operations Sift, the AI-powered fraud platform, announced the launch of Identity Trust XD, an innovation for fraud...
