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Israeli regulator gives AI chatbot go-ahead to provide stock-picking advice

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Israeli regulator gives AI chatbot go-ahead to provide stock-picking advice

AI startup Bridgewise has been given the green light by Israeli regulators to launch a chatbot that gives advice on buying and selling stocks.

NextGen: AI – A sneak peek of speakers and attendees

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NextGen: AI – A sneak peek of speakers and attendees

Finextra launches its inaugural Next:Gen AI event on 26 November 2024. Join us in London to help redefine what’s possible.

Survey uncovers tech aversion within financial institutions

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Survey uncovers tech aversion within financial institutions

The majority of UK-based financial firms are risk-averse when it comes to new technology, according to recently published research.

Hong Kong regulator launches tokenisation pilot

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Hong Kong regulator launches tokenisation pilot

The Hong Kong Monetary Authority (HKMA) has started the second phase of its digital Hong Kong dollar pilot study.

Starling warns of rise in voice cloning scams

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Starling warns of rise in voice cloning scams

Voice cloning scams – where fraudsters use AI technology to replicate the voice of a friend or family member – could be set to catch millions out, according to new research from Starling Bank.

Metro Bank cuts 300 jobs; inks Infosys deal

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Metro Bank cuts 300 jobs; inks Infosys deal

UK lender Metro Bank is axing around 300 jobs and calling in Infosys for an IT overhaul as it bids to find £80 million a year in savings.

Standard Chartered uses 'skills passport' to match employees to projects

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Standard Chartered uses 'skills passport' to match employees to projects

Standard Chartered is making the most of its internal talent by using an AI-based marketplace to match employees' skills with project-specific 'gigs'.

CommBank builds AI Factory with AWS

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CommBank builds AI Factory with AWS

Commonwealth Bank of Australia has teamed up with Amazon Web Services to launch an inhouse 'AI Factory' with the aim of accelerating the adoption of Generative AI.

NextGen: AI 2024: Uncovering the opportunities of AI legislation

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NextGen: AI 2024: Uncovering the opportunities of AI legislation

Join us in London on 26 November 2024 for our inaugural NextGen: AI event and hear from Lord Chris Holmes about the potential of AI and the benefits of legislation.

AI ranking says banks lagging on climate action

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AI ranking says banks lagging on climate action

Most of the largest commercial banks in the world are lagging behind in implementing effective measures to climate-proof their operations and those of the businesses they finance , according to a Large Language Model ranking developed by Climate X and Climate Proof.

Mastercard agrees $2.65bn deal to buy threat intelligence giant Recorded Future

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Mastercard agrees $2.65bn deal to buy threat intelligence giant Recorded Future

Mastercard has struck a deal to buy threat intelligence specialist Recorded Future from private equity form Insight Partners for $2.65 billion

Google PaLM 2 AI model under scrutiny by Irish watchdog Data Protection Commission

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Google PaLM 2 AI model under scrutiny by Irish watchdog Data Protection Commission

As the national independent authority in Ireland, the Data Protection Commission (DPC) is responsible for protecting the personal data of individuals in the EU in accordance with GDPR, the EU's Law Enforcement Directive (LED) and Irish ePrivacy Regulations.

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