UK Banks to Invest £1.8 Billion in GenAI by 2030 as Zopa Bank Unveils Plans to Re-Skill 100,000 Workers
- 1 month 1 week ago
- Artificial Intelligence
Digital bank Zopa and Juniper Research have today released a new study detailing the seismic impact of Generative Artificial Intelligence (Gen AI) on the UK banking sector.
UBS Invests in Domino Data Lab, Deepening Strategic Partnership to Drive Next Wave of Enterprise AI Innovation
- 1 month 2 weeks ago
- Artificial Intelligence
Domino Data Lab, provider of the leading Enterprise AI platform, and UBS, the largest truly global wealth manager and the leading bank in Switzerland, today announced a significant expansion of their strategic partnership to support UBS’s continued leadership in enterprise artificial intelligence (AI) and its model development. The partnership is strengthened with an equity investment led by UBS, and a UBS representative will join the Domino... more
CloudWalk Leads Brazil’s Open Finance Revolution, Driving AI-Powered Financial Access for Entrepreneurs
- 1 month 2 weeks ago
- Artificial Intelligence
CloudWalk, one of the fastest-growing global financial technology companies behind InfinitePay and Jim.com, has taken the lead in Brazil’s Open Finance rankings. According to the latest quarterly report by consulting firm Bip, CloudWalk — through its InfinitePay platform — now holds 19.5% of all business account data-sharing consents, a 97% increase since May. This puts the company ahead of major banks and fintechs with larger corporate customer... more
Lambda Builds AI Factories With Supermicro NVIDIA Blackwell GPU Server Clusters to Deliver Production-Ready Next-Gen AI Infrastructure at Scale
- 1 month 2 weeks ago
- Artificial Intelligence
Super Micro Computer, Inc. (SMCI), a Total IT Solution Provider for AI/ML, HPC, Cloud, Storage, and 5G/Edge, announced today that Lambda, the Superintelligence Cloud, has deployed a broad portfolio of Supermicro GPU-optimized servers including NVIDIA Blackwell based systems to expand its AI infrastructure and deliver high-performance systems to its customers.
Exabeam Research: AI Supercharges Insider Threats, Now Outpacing External Attacks
- 1 month 2 weeks ago
- Artificial Intelligence
Exabeam, a global leader in intelligence and automation that powers security operations, today announced the findings of its new multinational report, From Human to Hybrid: How AI and the Analytics Gap Are Fueling Insider Risk. Based on a survey of 1,010 cybersecurity professionals across key sectors, the research reveals that insider threats have overtaken external attacks as the top security concern, with AI accelerating the shift.
A Decade of AI Innovation: BofA’s Virtual Assistant Erica Surpasses 3 Billion Client Interactions
- 1 month 2 weeks ago
- Artificial Intelligence
Erica, the most widely adopted AI-driven virtual financial assistant, is a central gateway to serving clients – assisting nearly 50 million users since launch, surpassing 3 billion client interactions, and now averaging more than 58 million interactions per month. Launched in 2018, Erica is deepening relationships with clients and driving greater efficiencies throughout Bank of America.
Introducing Digests by Robinhood Cortex for Customers in the UK
- 1 month 3 weeks ago
- Artificial Intelligence
Digests is the first feature powered by Robinhood Cortex, our AI-powered investing assistant. It uses generative AI to quickly review breaking news, analyst reports, technicals and Robinhood's proprietary data to summarise why a particular stock may be moving in plain English.
CommBank and OpenAI Embark on Australia-First Strategic Partnership to Advance AI Solutions
- 1 month 3 weeks ago
- Artificial Intelligence
CommBank today announced a multi-year partnership with OpenAI to bring advanced AI to customers and employees, becoming OpenAI’s strategic banking partner in Australia. CommBank and OpenAI engineers will work together to explore advanced generative AI solutions that aim to strengthen scam and fraud detection and deliver more personalised services for CommBank customers.
Maybank Forges Strategic Partnership With Microsoft to Accelerate Digital Transformation and AI-Driven Innovation
- 2 months 2 days ago
- Artificial Intelligence
Maybank, Malaysia’s leading financial services group, has entered into a strategic partnership with Microsoft, to accelerate its digital transformation journey and reinforce its commitment in enhancing customer experience. This will see Maybank embracing the power of Microsoft’s collaboration suite, cloud, AI, and security capabilities to drive customer centricity, enhance operational agility, and foster a culture of continued innovation.
EquiLend Launches AI Assistant to Accelerate Access to Securities Finance Insights
- 2 months 3 days ago
- Artificial Intelligence
EquiLend, a global fintech leader in securities finance, today introduced a new AI-powered assistant within its Data & Analytics suite, designed to help users interact with securities finance and short interest insights more efficiently. The assistant is now available via the DataLend interface and the Orbisa app on the Bloomberg Terminal.
Adyen Research Reveals One in Three Global Travelers Use AI to Book Summer Vacations, up 74% from 2024
- 2 months 5 days ago
- Artificial Intelligence
Adyen’s 2025 Hospitality and Travel Report reveals a sharp rise in travelers using AI to book experiences this summer, with data showing a 106% increase in Boomers using the technology year-on-year, the biggest increase in users globally. Global research finds that fraud remains a significant challenge within the industry, with 38% of accommodation providers reporting a rise in payment fraud attempts in the past year.
Merso Launches The First AI‑Powered Financial Infrastructure For The Digital Economy
- 2 months 1 week ago
- Artificial Intelligence
Today, Merso officially launches the world's first AI-powered lending infrastructure purpose-built for digital assets. Backed by $3 million in seed funding from founders and strategic investors, Merso is introducing a new paradigm in credit: one that is centered not on borrowers, but on the assets themselves.
New AI‑Powered Experian Assistant for Model Risk Management Streamlines And Accelerates Governance Processes
- 2 months 1 week ago
- Artificial Intelligence
Experian today announced the launch of Experian Assistant for Model Risk Management, a first-of-its-kind solution to help financial institutions govern and manage models more efficiently across the entire model‑development lifecycle. Fully integrated into the Experian Ascend PlatformTM and powered by ValidMind technology, this solution helps accelerate model validation, improve auditability and transparency, and may aid financial institutions in... more
GFT’s Wynxx Reduces Time to Launch Financial Institutions’ AI and Cloud Projects by 95%
- 2 months 1 week ago
- Artificial Intelligence
Global digital transformation company GFT has announced its work to drive U.S.
Cytora Among First Companies Worldwide to Attain AI Governance Certification ISO 42001
- 2 months 1 week ago
- Artificial Intelligence
Cytora, the leading digital risk processing platform, has achieved ISO/IEC 42001 certification, placing the firm among a small number of global technology companies certified to robust international standards for AI governance.
