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Tag: banking

Top Tech Suppliers to Banks Under Regulatory Scrutiny

Key players in financial technology face new oversight requirements. Highlights: Thirteen major tech suppliers to banks identified for regulatory oversight.The...

JP Morgan Chase Unveils Major Initiative for Fraud and Scam Prevention

Discover JP Morgan's new strategies to safeguard customers against fraud. Highlights: JP Morgan Chase introduces a comprehensive fraud prevention program.New...

Lloyds Faces Shareholder Rebellion Over £120 Million Acquisition

Shareholders raise concerns about the financial implications of a major investment. Highlights: Lloyds is facing pushback from shareholders regarding a...

JPMorgan Partners with Fintechs for Enhanced Customer Data Access

Strategic fintech collaborations are reshaping data access in banking. Highlights: JPMorgan is forming partnerships with selected fintech companies.The collaboration aims...

Monzo Tops UK Customer Satisfaction Rankings Among Fintech Rivals

Fintech firm Monzo secures the highest customer satisfaction in a recent survey. Highlights: Monzo achieves top customer satisfaction in the...

Lloyds Bank Integrates AI Financial Assistant into Mobile App

Enhancing customer experience with cutting-edge AI technology. Highlights: Lloyds Bank launches AI financial assistant in mobile app.The integration aims to...

Judge Halts CFPB Open Banking Rule Amid Compliance Concerns

New regulatory landscapes face hurdles as a judge intervenes in banking reforms. Highlights: A federal judge temporarily blocks the CFPB's...

Federal Reserve Cuts 30% of Bank Supervision Staff Amidst Financial Challenges

Major workforce reduction reflects shifting priorities in bank oversight. Highlights: Federal Reserve to reduce bank supervision staff by 30%Shift in...

Shawbrook Bank Shares Rise Significantly on LSE Debut

Shawbrook achieves a strong market entry with notable share performance. Highlights: Shawbrook Bank shares surged on their first day on...

Monzo Appoints Former Google Exec as New CEO Following Leadership Change

The Fintech Company Strengthens Leadership with Experienced Technologist. Highlights: Former Google executive Layfield replaces Anil as Monzo's CEO.Leadership shift aims...

UBank Integrates Passkeys for Enhanced Online Banking Security

Streamlining customer access with advanced security measures Highlights: UBank expands passkeys technology to enhance online security.New feature aims to simplify...

Active Human Oversight Crucial as Banks Roll Out GenAI

Ensuring Safe and Responsible AI Integration in Financial Services Highlights: Model Training: Emphasis on human oversight for training and interpreting...