United Kingdom neobank Starling saw revenues and profits fall last year as interest income dropped. The lender released its annual report Thursday (May 21), which...
Singapore’s government wants the country’s banks and financial firms to rethink their use of artificial intelligence. Rather than simply using AI to cut jobs, these...
The British government shared plans to loosen so-called “ringfencing” rules for the country’s banks, the Financial Times reported Monday (May 18). The rules require banks...
Anthropic will reportedly meet with financial regulators about cyber defense weaknesses uncovered by its artificial intelligence model. The AI startup agreed to meet with members...
For years, the debate about data and market power has lived mostly in antitrust courts and academic journals. That changes when AI enters the picture....
Artificial intelligence is becoming part of the everyday operating system of financial services, from fraud detection and identity checks to customer service and transaction monitoring....
Artificial intelligence got its start by hitting customer-facing home runs. For financial services, the technology appeared poised at first to stay there. Chatbots would redefine...
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...