CoinDesk: Central Banks Aren’t Sufficiently Ready for CBDC Risks: BIS Report
There is a lot of nervousness and uncertainty about CBDC’s.
The Hill: Worried about the privacy of your personal information? You should be.
This is very prevalent in the States and I suspect it will happen more in the UK if it is not happening already.
FN London: Investment banks get creative in ‘huge’ battle for AI talent
The ever increasing fight for AI talent in banking.
ITPro: European AI startups risk being “regulated out of existence” under EU AI act
Over regulation is always a danger.
City AM: The Bank of England must put privacy and innovation at the heart of the digital pound
Privacy is seen as one of the key issues when I talk to people about CBDC and a digital pound.
Technology Review: Unpacking the hype around OpenAI’s rumored new Q* model
This overcomes one of the weaknesses in ChatGPT in the maths area – but still very early days.
Yahoo: Ministers plough £2bn into making quantum technology ‘Britain’s ChatGPT’
They will need to plough in a lot more than this!
News18: AI’s Impact On Banking Sector: Will It Completely Replace Humans?
Will AI completely replace human in the banking sector? I don’t think so.
The Banker: Can branches be a competitive edge?
All generations still think that bank branches are important. Besides the example given here Metro Bank (UK) and Nationwide Building Society see them as a competitive advantage. I still think they have a place.
Best Execution: DORA will drive ‘significant change’ in sell-side third party risk management, survey finds
DORA set to have a big impact in the Operational Resilience area.