Banking
BNP Paribas and Mistral AI forge multi-year partnership to enhance banking services
BNP Paribas and Mistral AI have entered into a multi-year partnership agreement, enabling BNP Paribas to access and utilize Mistral AI's current and future commercial models across all its business lines. This collaboration extends a relationship that began in...
Banking
NatWest launches Cora, the latest generative AI upgrade to the bank’s digital assistant
NatWest is announcing the launch of Cora+, an upgrade to its digital assistant, Cora, developed in collaboration with IBM. NatWest is to introduce the new version of Cora during London Tech Week and will be one the first banks...
Banking
Oman Arab Bank launches direct debit service for seamless payment automation
Oman Arab Bank (OAB) has introduced a new direct debit product in an endeavour to “streamline and automate transactions while enhancing payment security standards”.
The service, designed for both OAB’s individual and corporate clients, is anticipated to simplify the bank’s...
Banking
Bendigo and Adelaide Bank Partners with MongoDB to Modernize Core Banking Technology Using Generative AI
MongoDB, Inc announced that Bendigo and Adelaide Bank has partnered with MongoDB to modernize its core banking technology with MongoDB Atlas as the keystone of an ambitious application modernization initiative. During the initiative, the bank:
Reduced the development time required...
Banking
Doha Bank and Mastercard announce long-term strategic partnership to shape Qatar’s payments landscape
Doha Bank and Mastercard have entered a long-term strategic partnership to maintain the bank’s leadership in customer service and innovative payment solutions. The move aligns with Doha Bank’s ‘Himma’ roadmap that aims to redefine how it operates and serves...
Banking
RBI Regulatory Sandbox’s 4th Cohort on Financial Fraud Prevention Completes Testing Phase
To enhance financial security, Reserve Bank of India (RBI) has successfully completed the testing phase of the fourth cohort of the regulatory sandbox (RS) focused on the prevention and mitigation of financial frauds. Six entities participated in this initiative...
Banking
Bendigo & Adelaide Bank tap MongoDB to modernize core banking technology with Gen AI
Bendigo and Adelaide Bank has partnered with MongoDB to modernize their core banking technology, using MongoDB Atlas as the keystone of an application modernization initiative.
The bank modernized its Agent Delivery System, a legacy retail banking application, on MongoDB Atlas...
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