Finextra: Monzo develops backup bank to cover outages
Monzo Bank has developed a backup bank to cover outages.
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.
Cryptopolitan: Over 50 banks in Europe provide crypto-related services while US firms struggle
Europe is leading the way in Crypto.
Finextra: UK Government confirms plans to scrap Payment Systems Regulator
The UK Government has confirmed plans to abolish the Payment Systems Regulator.
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.
European Central Bank: Outsourcing trends in the banking sector
Banks continue to operate in an environment of increased geopolitical tensions and cyber risks.
Finextra: Third of central banks delay CBDC timelines
Nearly a third of central banks have delayed their CBDC timelines.