Today, Scotiabank announced a donation of $750,000 to the University of Ottawa to launch the Scotiabank Fund for the AI & Society Initiative.

Infosys has signed a multi-year, multi-million euro contract with ABN Amro Bank to accelerate its cloud and DevOps transformation journey. The Dutch bank has also signed a separate cloud migration and DevOps deal with fellow Indian vendor Tata Consultancy Services.

Mastercard has made a strategic investment in AI-generated identity authentication company Trust Stamp.

 Union Bank of the Philippines (UnionBank) and the Singapore Management University (SMU) -- one of Asia's premier universities - recently inked an agreement to further develop the potential of SMU's brightest and most entrepreneurial students by learning from UnionBankers.

Under the partnership, up to 10 pre-screened SMU students with mixed expertise will be exposed to various projects of UnionBank for 12 weeks to co-create the development of emerging technologies.

Digital wealth manager, Syfe, today launched the REIT+ portfolio, a first-of-its-kind initiative that allows anyone in Singapore to start risk-managed investing in Singapore real estate with no minimum investment.

Unlike buying a property or REITs as a private investor, Syfe's REIT+ product offers an easy, risk-managed and low-cost way for investors to access Singapore's thriving REIT market with a fee as low as 0.4% per annum of your invested capital.

Nasdaq today announced that Roland Chai, most recently Head of Post-Trade at Hong Kong Exchange, will join the executive leadership team as Chief Risk Officer (CRO). Chai will be responsible for developing, reviewing and maintaining Nasdaq’s global risk program. He will report to Adena Friedman, President and CEO, Nasdaq.

The IBM (NYSE: IBM) Board of Directors has elected Arvind Krishna as Chief Executive Officer of the company and a member of the Board of Directors, effective April 6, 2020.  Krishna is currently IBM Senior Vice President for Cloud and Cognitive Software, and

A New Year always brings a revised sense of hope and expectation. But as we enter a new decade, the financial industry seems to be facing some age old problems. Two key questions for both the sell and the buy-side are: “do we truly understand exactly what our client costs are across the business?” and “how do we improve our Return on Equity (ROE)?”