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News: Digital

November 4, 2024 / Artificial Intelligence, Digital

CIO Dive: Citi taps Google Cloud for app migration, AI adoption

Citi announced a multiyear modernization partnership with Google Cloud Monday.
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October 29, 2024 / Blockchain, Digital

Finextra: Bank of England presses on with retail CBDC to plug bank innovation gap

The Governor of the Bank of England, Andrew Bailey has re-affirmed his support for a retail central bank digital currency, arguing that central banks are the "only game in town" as commercial banks lack the incentive to push for innovation.
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October 9, 2024 / Digital

IT Pro: AWS says enterprises are moving back on-prem – but does cloud repatriation really threaten hyperscalers?

Amazon Web Services (AWS) has claimed to face competition from on-premises IT while defending the level of competition in the UK cloud market, according to a Competition and Markets Authority (CMA) hearing.
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September 16, 2024 / Artificial Intelligence, Cybersecurity, Digital

UKTN: Race to build British data centres heats up as AWS commits £8bn over 5 years

The race to become the biggest cloud provider in the UK stepped up a gear today after Amazon Web Services (AWS) vowed to invest as much as £8 billion into British data centres over the next five years.
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September 5, 2024 / Artificial Intelligence, Digital

City AM: ‘There’s little room for caution’: Banks and fintechs gear up for AI revolution

'There’s little room for caution’: Banks and fintechs gear up for AI revolution.
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September 4, 2024 / Artificial Intelligence, Careers, Digital

ITPro: AWS CEO Matt Garman thinks AI coding tools could herald the end of the developer as we know it – but there’s light on the horizon for worried devs

Software development will fundamentally change in the next few years, according to Matt Garman, Amazon Web Services (AWS)' new chief executive, who argued that the rapidly maturing AI programming ecosystem could mean “most developers are not coding” within two years.
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August 23, 2024 / Digital

Finextra: UK challenger banks beat incumbents all-hands down in CMA awards

UK challenger banks once again outshone incumbents in the latest annual banking satisfaction survey conducted by the Competition and Markets Authority.
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August 22, 2024 / Artificial Intelligence, Digital

efinancialcareers: How LLMs are already being used to replace human traders

A good paper looking at the use of LLM's in Trading, exploring a variety of areas.
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August 21, 2024 / Artificial Intelligence, Digital

CIO Dive: Tech chiefs gear up to spend bigger IT budgets in 2025

As tech leaders look ahead to next year, most anticipate IT budgets to increase, according to Forrester.
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August 20, 2024 / Digital

UKTN: Revolut confirms share sale at $45bn valuation amid rumoured IPO Treasury talks

Revolut has confirmed plans to launch a secondary share sale valuing it at $45bn (£35bn) as the Treasury reportedly looks to court the fintech into a London listing.
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