Tag: banking
Barclays Ventures into Fintech with Investment in United Fintech
Exploring Barclays' strategic move to foster fintech innovation.Highlights: Barclays has invested in United Fintech to enhance its digital offerings.This investment signifies increasing collaboration within...
Banks Must Update IT Systems for New Customer Vulnerability Standards
Enhancing consumer safety by ensuring compliance with updated regulations.Highlights: New customer vulnerability standards now demand updated IT systems in banks.Financial regulators emphasize the importance...
BBVA Launches Innovative Conversational App Integrating ChatGPT Technology
Enhancing customer interactions with cutting-edge AI-powered solutions.Highlights: BBVA's new app leverages ChatGPT for enhanced customer interaction.The app aims to streamline banking services through conversational...
Marquis Alerts Banks on Ransomware Attack Risks
Understanding the implications of increased ransomware threats in banking.Highlights: Marquis highlights a surge in ransomware attacks targeting banks.The firm urges banks to bolster their...
FCA Begins Live Testing of AI Applications for Banking Efficiency
Exploring AI's role in revolutionizing the UK banking sector.Highlights: FCA initiates live testing for AI in banking operations.Focus on enhancing efficiency and regulatory compliance.Part...
South Korea’s NH Nonghyup Bank Tests Blockchain for Cross-Border Payments
Exploring innovative solutions in international banking transactions.Highlights: NH Nonghyup Bank is testing blockchain for cross-border payment solutions.The pilot aims to increase transaction speed and...