Revolut has received regulatory permission to expand the scope of its trading business. The approval from the U.K.’s Financial Conduct Authority (FCA) will allow Revolut Trading to bring...
Two bills passed Tuesday (May 12) by the House of Representatives are only the latest efforts by lawmakers to cut red tape for smaller banks....
French AI startup Mistral is reportedly working on an alternative to Anthropic’s Mythos. As Bloomberg News reported Wednesday (May 13), the company is in talks with banks in Europe about...
The House of Representatives passed bills Tuesday (May 12) that would tailor the supervisory requirements and reduce the frequency of examination for smaller financial institutions...
In the age of application programming interfaces (APIs) and artificial intelligence (AI), data governance is becoming harder for banks than perimeter defense. After all, the...
Financial services firms have put AI to work on more tasks than healthcare and media combined, and they’re not done yet. “Same Direction, Different Roads:...
J.P. Morgan Chase is reportedly weeks away from launching its long-awaited Europe-based retail banking effort. Three years after CEO Jamie Dimon laid out plans to...
The few large banks that have access to Anthropic’s Mythos are uncovering vulnerabilities in their IT systems and are sharing information with smaller banks that...