Finextra: Algo trading firm XTX to build €1bn data centre hub in Finland
Algo trading form XTX Markets is investing €1 billion in a large-scale data centre complex in Finland to support its growing use of machine learning.
Banking Exchange: The State of GenAI in Risk & Compliance for Banks
The use of generative AI for risk and compliance applications is now a reality for financial institutions.
Finextra: Nationwide consolidates data estate to pave the way for GenAI
Nationwide Building Society has deployed GPT-4 within Azure OpenAI to help generate letters, freeing up staff for more productive work.
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.
Forbes: Introducing GhostGPT—The New Cybercrime AI Used By Hackers
Cybercriminals are using GhostGPT, a newly discovered and completely uncensored AI chatbot, for malware creation, phishing scams and more.
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.
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).
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.