Cryptopolitan: Over 50 banks in Europe provide crypto-related services while US firms struggle
Europe is leading the way in Crypto.
Finextra: Lloyds hires Amazon exec to head up mortgages division
A former technology head at Amazon has been hired by Lloyds Banking Group to lead the digitisation of the bank’s revamped mortgage division.
efinancialcareers: Barclays increased graduate hiring 46% in two years, but diversity is falling
Barclays hiked graduate hiring by 46% last year compared to 2022, the last year when graduate hiring figures were provided.
Finextra: Australia’s AMP taps Starling tech for SMB digital bank
Australian financial services firm AMP has tapped Engine by Starling for a new digital bank for small business owners and everyday customers.
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: AI threatens as many as 200,000 jobs in global banks – Bloomberg
Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to a market survey conducted by Bloomberg Intelligence.
Finextra: DBS builds GenAI bridge for SMEs
DBS Bank in Singapore plans to reach out to 50,000 SMEs to equip them with GenAI tools and technology to help boost productivity.
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.