May 06, 2024
Banking Regulators’ Guide to Third-Party Risk Management Spotlights Community Banks’...
The rise of open banking and FinTechs is changing the fabric of financial services. Data sharing and pacts between traditional financial institutions and digital-only innovators promise to bring innovation to...
May 06, 2024
Citi’s Chief Digital Officer Connects Data to Customer Experience
The amount of data now being generated by consumers is testing the constraints of the dictionary. Only 10 years ago it was measured in terabytes, which is a trillion bytes. But now those 329 million terabytes of...
May 05, 2024
Report: Private Equity Pushing Onto Bank’s Low-Risk Loan Turf
Private equity companies are reportedly stepping up efforts to compete with banks on low-interest loans. For example, the Financial Times (FT) reported last week, Apollo Global has increased its long-term forecasts for...
May 05, 2024
Apple AI Could Produce ‘Really Really Good’ Version of Siri
What if Apple’s voice assistant Siri “was really, really, really good?” That question is at the heart of much of the tech giant’s artificial intelligence (AI) research, according to a report...
May 05, 2024
Warren Buffett Cuts Stake in Apple by 13%
Warren Buffett’s Berkshire Hathaway has cut its stake in Apple, apparently for tax reasons. The conglomerate’s first quarter earnings report — released Saturday — showed the company’s investment in the tech giant...
May 05, 2024
Italian Antitrust Ruling Puts Halt on Intesa Sanpaolo’s Fintech Ambitions
In a twist for Italy’s banking giant Intesa Sanpaolo, its plans for digital expansion through Isybank have hit a roadblock following an antitrust ruling. The decision, delivered by Italy’s competition...
May 05, 2024
Google Responds to Epic’s Antitrust Demands as ‘Overreaching’ and ‘Unnecessary’
Following the antitrust ruling against Google late last year, the tech giant is now pushing back against Epic Games’ extensive list of proposed remedies. In a new filing, Google dubbed...
May 03, 2024
Microsoft’s Facial-Recognition Ban Points to Growing Qualms Over Privacy
Microsoft’s decision to ban police departments from using its Azure OpenAI Service for facial recognition reflects the technology industry’s struggle to balance the promises and perils of artificial intelligence (AI)....
May 03, 2024
This Week in AI: Anthropic Goes to iPhone, AI Programming,...
This week in artificial intelligence, Anthropic is launching its first smartphone app. In computer programming, AI is rapidly reshaping practices from Silicon Valley to major tech firms. Despite Europe’s tech...
