The Governor of the Bank of England, Andrew Bailey has re-affirmed his support for a retail central bank digital currency, arguing that central banks are the “only game in town” as commercial banks lack the incentive to push for innovation.
Amazon Web Services (AWS) has claimed to face competition from on-premises IT while defending the level of competition in the UK cloud market, according to a Competition and Markets Authority (CMA) hearing.
The race to become the biggest cloud provider in the UK stepped up a gear today after Amazon Web Services (AWS) vowed to invest as much as £8 billion into British data centres over the next five years.
‘There’s little room for caution’: Banks and fintechs gear up for AI revolution.
Software development will fundamentally change in the next few years, according to Matt Garman, Amazon Web Services (AWS)’ new chief executive, who argued that the rapidly maturing AI programming ecosystem could mean “most developers are not coding” within two years.
UK challenger banks once again outshone incumbents in the latest annual banking satisfaction survey conducted by the Competition and Markets Authority.
A good paper looking at the use of LLM’s in Trading, exploring a variety of areas.
As tech leaders look ahead to next year, most anticipate IT budgets to increase, according to Forrester.
Revolut has confirmed plans to launch a secondary share sale valuing it at $45bn (£35bn) as the Treasury reportedly looks to court the fintech into a London listing.
FTX has been ordered by the U.S. Commodity Futures Trading Commission to pay $12.7 billion to FTX customers and victims of its fraud, the largest recovery in CFTC history.
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