Technology

The financial services industry stands at an inflection point. As institutions grapple with intensifying regulatory pressures, evolving customer expectations, and fierce competition from fintech disruptors, a transformative technology is emerging as the cornerstone of modern banking strategy. Generative AI...

OCC, recognized as the world’s largest equity derivatives clearing organization, has moved forward with a major technology shift after completing its rollout of AWS generative AI (GenAI). The organization has positioned the GenAI integration as a way to sharpen...

DBS and Ant International have moved to expand their longstanding strategic relationship, signing a new agreement to pursue a broader range of joint initiatives in payments, digitisation and fintech. The two sides aim to widen access to financial tools...

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...

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...