Tag: banking
UK financial services firms cautious but keen to adopt GenAI, new survey says
GenAI Adoption in UK Financial Services:70% of UK Finance members are currently piloting generative AI (GenAI) use cases.
Primarily focused on co-pilot...
Wealthtech start-up Alpheya receives investment from BNY Mellon and Lunate
Investment Announcement: BNY Mellon and Lunate invest $300 million in Alpheya, a new wealthtech start-up.
Location and Focus: Alpheya, based in Abu Dhabi...
European Central Bank highlights continued sector-wide risk in latest Financial Stability Review
Real Estate Struggles:Geopolitical tensions, lacklustre growth, and inflation impact European financial markets.
Residential and commercial real estate markets in the euro area...
Barclays could reportedly cut around 2,000 jobs in push to reduce costs by £1bn
Barclays may cut around 2,000 jobs as part of a £1 billion cost-cutting plan.
Bank managers seek to increase profitability by reviewing proposals,...
UK government publishes findings from the Future of Payments Review
The Future of Payments Review calls for a national payments vision and strategy in the UK.
Authored by Joe Garner, the report identifies...
Mashreq taps Visa and Ecolytiq to launch climate banking platform
Mashreq's Climate Banking Platform Launch:Developed in collaboration with Visa and climate engagement fintech Ecolytiq.
Utilizes transaction data for personalized carbon footprint analytics.
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