FIs cautiously approach AI
Financial institutions are looking to AI to create tools for coding, marketing and customer experience. However, use of AI by ...
Tag: European banking
Transactions: Santander Bank invests in Komgo
Santander Bank invested in SaaS platform Komgo to bolster its digital trade finance offering. Geneva-based Komgo provides digital trade ...
Deutsche Bank renews effort to shrink Russian IT operations
Deutsche Bank AG is reviving a push to cut reliance on its IT center in Russia as it seeks to ...
UK’s digital Starling Bank takes on 1,000 tech employees
Starling Bank is hiring for 1,000 tech-related positions for its newest location in Manchester, England. The $14.6 billion, London-based digital ...
Euro1 payment system migrates to ISO 20022 standard
Euro1, one of the largest payment systems in Europe, has migrated to the ISO 20022 messaging standard. For European banking, ...
74% of digital consumer payments may be conducted by non-FI platforms by 2030
LONDON — Consumers continue to utilize embedded payment options regularly— from Amazon purchases to digital wallets and even the Starbucks ...
UK, US move to address SVB collapse
LONDON — The United States and the United Kingdom are trying to sort out the impact of Silicon Valley Bank’s ...
Germany-based LBBW on SVB
LONDON – Startup founders at FinovateEurope were initially worried about the deposits they had with tech bank Silicon Valley Bank, ...
UK fintech spending plummets in 2022
The U.K.’s fintech sector was hit hard last year, with investment plunging 56% in 2022 to $17.4 billion from $39 ...
HSBC ups tech spend 19% since 2019
HSBC’s cost-reduction efforts have allowed the bank to up tech spend to improve workflow efficiency and customer experience. THE BIG ...
