Finextra: CBA chops fraud with AI
Australia’s Commonwealth Bank says early implementation of GenAI is helping it to substantially reduce fraud rates.
Finextra: Klarna to hire 100 engineers for new tech hub in Poland
We are seeing more companies go to Eastern European countries like Poland.
Finextra: Crypto ownership continues to rise in the UK
More than one in ten Brits now own cryptocurrency, according to research from the Financial Conduct Authority.
MIT Technology Review: AI can now create a replica of your personality
Imagine sitting down with an AI model for a spoken two-hour interview.
Bank of England: Artificial intelligence in UK financial services – 2024
Great study by the Bank of England of what is happening in AI in Financial Services.
Finextra: Nationwide migrates onsite IT estate to HPE GreenLake Cloud
Nationwide Building Society has migrated its on-premises IT estate to Hewlett Packard Enterprise (HPE) GreenLake Cloud.
efinancialcareers: Secretive quant fund paying $45k for two-week internships
Spark Investment Management, a New York hedge fund is offering $45k for internships lasting just two weeks, equivalent to a yearly salary of…$1.17m.
CIO Dive: AIG leans on generative AI to speed underwriting
AIG is using generative AI to speed underwriting and improve accuracy.
Finextra: Goldman Sachs takes quantum leap on options pricing
Goldman Sachs has conducted research on the application of quantum computing in the options pricing market.
CNBC: OpenAI launches ChatGPT search, competing with Google and Microsoft
OpenAI has launched a search feature within ChatGPT, that positions it to better compete with search engines like Google, Microsoft’s Bing and Perplexity.