Finextra: AI set to automate up to 50% of tasks in most financial services roles
AI could automate up to half of tasks in most financial services roles, according to a new report by the Financial Services Skills Commission (FSSC).
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Finextra: Deutsche Bank applies AI to third party vendor risks
Deutsche Bank is using artifical intelligence to speed up the tedious, time-consuming, process of reviewing third party vendor risks.
Finextra: Standard Chartered to cut 7800 jobs as AI takes over the back office
Standard Chartered is to cut 7,800 jobs as it ramps up deployment of artificial intelligence.
Finextra: BBVA and Goldman Sachs back new OpenAI company
OpenAI has secured the backing of 19 investment firms to launch the OpenAI Deployment Company.
Finextra: US banks hurry to patch vulnerabilities uncovered by Mythos
US banks have been scrambling to fix IT issues uncovered by Anthropic’s Mythos AI tool.
Finextra: MAS to train AI on live bank account data to combat financial crime
Monetary Authority of Singapore (MAS) is to train AI on live bank account data to combat financial crime.
Finextra: US Bank taps AWS for cloud migration and AI deployment
U.S. Bank taps Amazon Web Services (AWS) for for cloud migration and AI deployment.
Finextra: Citi introduces platform for AI agent rollout
Citi has introduced a platform for AI agent rollout.
Finextra: Anthropic rolls out another 10 financial services agents
Anthropic has rolled out another 10 financial services agents.
Computer Weekly: In the AI race, a global bank bets on the human touch
Standard Chartered still bets on the human touch.