Banking

A consortium of 20 lenders has assembled an estimated $18 billion project finance package to support development of a data center campus connected to Oracle Corp., adding another financing effort to support artificial intelligence infrastructure boom. Reports suggest that Sumitomo...

Alfa-Bank, which is developing as a leading fintech company, won the "Excellence in Fintech" category at the prestigious Finnovex award on November 12. This recognition highlights the bank's leadership in implementing innovations that not only provide advanced services to...

Three in five banks and insurers cite customer onboarding among top reasons for AI agent adoption 33% of firms are actively developing proprietary AI agents in-house, though only 10% have deployed at scale Nearly half of banks and...

The European Investment Bank (EIB) Group has expanded its Green Checker platform beyond the European Union. It is now open to countries around the world. The tool helps users identify and assess projects that qualify for green financing. It...

Lloyds Banking Group is introducing the UK’s first large-scale, multi-feature financial assistant powered by artificial intelligence, designed to change how more than 21 million customers manage their money through the bank’s mobile app. The launch marks an important step...

The Federal Reserve Board has approved final amendments to its supervisory rating framework for large bank holding companies. The finalized version largely mirrors the proposal issued in July, with refinements intended to provide a more accurate reflection of banks’...

Tangerine Bank has entered into a strategic partnership with Engine by Starling, the Starling Group’s banking Software-as-a-Service (SaaS) business. The agreement means Tangerine will move its operations to Engine’s next-generation banking platform, improving services for its more than 2...