Finextra: Lloyds appoints head of agentic AI
Lloyds Banking Group is building on its AI strategy with the appointment of Aritra Chakravarty from JIFFY.ai as head of agentic AI.
Allisraelnews: Israeli startup seeks to become Microsoft of quantum computing
Quantum computing is at a similar point today as personal computing was at the start – it is powerful but hard to use.
Fintech Futures: OakNorth boosts GenAI adoption with OpenAI partnership
Continuing the trend of banks partnering with LLM vendors, OakNorth is the latest to do this with OpenAI.
efinancialcareers: Citadel’s CTO says AI won’t generate lasting alpha for hedge funds
Citadel’s CTO says AI won’t generate lasting alpha for hedge funds.
Finextra: Klarna takes foot off AI gas as CEO acknowledges importance of human customer service
After aggressively pursuing an AI-driven workforce reduction strategy, Klarna says it is “evolving” the strategy and hiring customer service employees in an acknowledgment that people… Read More »Finextra: Klarna takes foot off AI gas as CEO acknowledges importance of human customer service
Quantum Insider: Quantum Computing Roadmaps: A Look at The Maps And Predictions of Major Quantum Players
Major quantum computing companies have outlined roadmaps with varying approaches and timelines to achieving quantum advantage.
Live Science: World’s first silicon-based quantum computer is small enough to plug into a regular power socket
A startup has launched the first quantum device in the world that blends the potential of quantum computing with the convenience and integration of traditional… Read More »Live Science: World’s first silicon-based quantum computer is small enough to plug into a regular power socket
CIO: Bank of America’s big bet on AI started small
One of Bank of America’s first AI programs 7 years ago was Erica.
PYMNTS: 42% of Suspicious Banking Activity Linked to Identity Fraud
As fraudsters leverage sophisticated tactics, including artificial intelligence (AI)-powered identity manipulation, the FinTech sector finds itself in the crosshairs of an escalating battle against financial… Read More »PYMNTS: 42% of Suspicious Banking Activity Linked to Identity Fraud