Microsoft

Finextra TV/payments

Transforming interoperability within trade finance

Iain MacLennan, Head of Trade & Supply Chain Finance at Finastra, and Peter Hazou, Director of Business Development at Microsoft, discuss the rapidly evolving global trade finance system. They cover the shift from static data to insight-driven systems, the use of technologies like blockchain and AI for compliance and scalability, and the importance of an agile, interoperable trade finance stack.

08 January 2024

News/payments

Finextra's top impact study reports of 2023

With 2023 drawing to a close, we take a look back at our most downloaded impact study reports over the course of the past year. Our impact study reports are how-to, best practice guides that support those in the financial industry in their utilisation and optimisation of particular technologies, as well as providing an outlook at future trends to watch.

27 December 2023

ResearchImpact Study

AI and Cloud: The Proving Ground for Regulatory Resilience in 2024

22 December 2023 654 downloads

News/retail

Commerzbank builds GenAI-powered virtual assistant

Commerzbank is working with Microsoft to use generative AI and avatar technology for a new virtual assistant in its mobile app.

28 November 2023

News/people

Ousted OpenAI boss to work for Microsoft

Sam Altman, the former CEO of OpenAI, the developer of generative AI platform ChatGPT, has resurfaced at Microsoft just days after he was pushed out by the board of directors.

20 November 2023

News/regulation

Singapore develops generative AI risk framework; digital money and ESG also to the fore

The Monetary Authority of Singapore has brought together banks and tech firms to develop a generative AI risk framework and is now exploring how the technology can be used in the financial services sector.

16 November 2023

News/cloud

Amazon Web Services and Microsoft cloud duopoly to be investigated by Ofcom

Historically, it could be argued that financial institutions were beholden to pick between AWS, Google Cloud and Microsoft Azure for all workloads due to availability, but with other smaller cloud providers offering private cloud fabrics, financial organisations are considering hybrid or multicloud options. However, Ofcom has an alternative view.

06 October 2023

News/retail

UOB trials Microsoft 365 Copilot generative AI tool

Singapore-based bank UOB is set to trial Microsoft 365 Copilot, a generative AI-powered productivity tool, with several hundred employees.

04 October 2023

News/devops

Finastra and Microsoft ink deal to modernise trade platforms

Finastra today announced a multi-year agreement with Microsoft focused on trade platform modernisation to address evolving corporate customer expectations.

20 September 2023

News/payments

Big names join Brazil's CBDC pilot phase

Brazil's central bank has picked 16 proposals - from firms including Nubank, Microsoft, Visa and SETL - for the pilot phase of its Drex CBDC project.

16 August 2023