News: Digital
NVIDIA: NVIDIA to Build Accelerated Quantum Computing Research Center
NVIDIA has announced it is building a Boston-based research centre to provide technologies to advance quantum computing.
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March 31, 2025 / Artificial Intelligence, Digital
Financial Post: Fifth Third Among Banks Using AI to Help Lure Customer Deposits
Fifth Third Bank, Huntington National Bank and Valley Bank are among regional US lenders that use artificial-intelligence tools to scrape customer data, helping them personalize deposit offerings as competition for customers’ money intensifies.
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Finextra: Goldman adopts measured approach to roll out of AI
Goldman Sachs is adopting a measured roll out of AI.
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March 31, 2025 / Digital, Regulation
Finextra: Monzo develops backup bank to cover outages
Monzo Bank has developed a backup bank to cover outages.
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Finextra: NatWest inks collaboration deal with OpenAI
NatWest Group has inked a deal with OpenAI to bring generative artificial intelligence to the UK lender's digital assistants.
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Cryptopolitan: Over 50 banks in Europe provide crypto-related services while US firms struggle
Europe is leading the way in Crypto.
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efinancialcareers: Banks will “maybe” be done with COBOL… in ten years
The COBOL legacy lives on.
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March 13, 2025 / Digital, Regulation
Finextra: UK Government confirms plans to scrap Payment Systems Regulator
The UK Government has confirmed plans to abolish the Payment Systems Regulator.
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Finextra: Lloyds hires Amazon exec to head up mortgages division
A former technology head at Amazon has been hired by Lloyds Banking Group to lead the digitisation of the bank's revamped mortgage division.
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