CNN: Trump announces a $500 billion AI infrastructure investment in the US
Three top tech firms on Tuesday announced that they will create a new company, called Stargate, to grow artificial intelligence infrastructure in the United States
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CIO: Quick ROI vs. innovation: CIOs face competing AI goals
Quick ROI vs. innovation: CIOs face competing AI goals.
Finextra: Agentic AI: Citi GPS explores future of finance in the ‘do it for me’ economy
Citi GPS, Citi’s thought leadership product, last week released a report exploring the transformative potential of agentic artificial intelligence (AI).
FI News: The Herculean Challenge For UBS
UBS has been focused recently on Asia where they have initiated the migration of Credit Suisse customer data onto UBS systems.
Bank of England: The PRA announces a delay to the implementation of Basel 3.1
The PRA, in consultation with HM Treasury, has decided to delay the implementation of Basel 3.1 in the UK by one year until 1 January 2027.
Computer Weekly: Almost half of UK banks set to miss DORA deadline
According to a recent survey, 43% of British financial services organisations say they are still exploring DORA.
Finextra: JP Morgan unveils biometric payment terminals
J.P. Morgan has unveiled two proprietary biometric-enabled in-store payment terminals that will be offered to retailers later this year.
Finextra: Bank of England to launch Digital Pound Lab
The Bank of England is to launch a Digital Pound Lab as it sets out its blueprint for the design phase of a future Britcoin.
Finextra: EBA publishes final guidelines on ESG risk management
The European Banking Authority (EBA) has published its specific requirements regarding management of ESG-related risks.
PYMNTS: 5 Blockchain Projects the World’s Biggest Banks Are Behind
Blockchain has gone quiet from its peak a few years ago but there are a number of big bank backed projects going on.