efinancialcareers: UBS’s complex IT integration is costing more than expected
It’s costly for banks to transform their tech infrastructure, even more so when they’re integrating a recently acquired rival at the same time
CIO: 67% of digital transformations delayed due to skill shortages
IDC’s latest survey of IT leaders from North America, Asia, and Europe found that a shortage of IT skills has caused delays in product development at 54% of organizations, with 58% reporting product or service quality issues as well.
Lloyds Banking Group: What’s next for fintech in 2025?
A good overview of where the market is going in 2025 from Kirsty Rutter at Lloyds Banking Group.
Crypto.news: Elon Musk’s X to partner Visa for X Money payments
Elon Musk is progressing toward enabling payment functionality for X users by partnering with Visa and expecting to launch in 2025.
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
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.
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.