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18 articles
This explainer explores how artificial intelligence is being used by financial institutions like Lloyds Bank to reduce operational costs by £2 billion by 2030, examining the technical mechanisms and strategic implications of AI-driven cost optimization.
Wise shares fell 10% after the US Office of the Comptroller of the Currency rejected its application for a national trust bank charter. The decision limits the fintech’s ability to integrate into the Federal Reserve’s payment systems.
Connecting ChatGPT to banking services has revolutionized personal finance management by providing intelligent insights and consolidated financial data in one place.
London fintech Thought Machine has crossed $100 million in annual revenue and delayed its London IPO to 2028, signaling a focus on sustainable growth over market hype.
Learn how to build a machine learning model to classify banking customers into segments based on transaction behavior, a key capability for banks navigating AI-driven competition.
This article explains how AI and machine learning are revolutionizing banking infrastructure, using Erebor Bank as a case study to illustrate the power of intelligent systems in financial services.
Taktile has raised $110 million in Series C funding led by Goldman Sachs Alternatives to automate high-risk decisions in banking and insurance.
Despite regulatory progress, traditional banks remain hesitant to work with crypto firms, citing outdated risk frameworks and a lack of understanding about AML protocols in the digital asset space.
A new Android trojan called Rokarolla targets 217 banking and crypto apps, enabling cybercriminals to steal PINs, SMS codes, and funds.
Morgan Stanley has doubled its forecast for AI-driven job losses in European banks, predicting up to 20% of jobs could be eliminated by 2030. The move reflects the rapid adoption of AI technologies across the sector.
U.S. banking regulators have paused cyber examinations of major financial institutions to allow time for patching vulnerabilities linked to Anthropic's Mythos AI model.
Learn to build a simple AI document classifier that can automatically categorize financial documents, similar to the technology banks are using to automate back-office tasks.
