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The former chief information officer of TSB Bank has been fined over £80,000 for his part in a bungled IT migration programme in 2018 that locked customers out of their accounts for weeks and led to months of ongoing technical problems.
13 April 2023
Deutsche Bank is reportedly preparing to wind down its software operations in Russia, offering severance packages to the 500 IT staff on its pay roll in Moscow and St Petersburg.
12 April 2023
JPMorgan Chase has more than 300 AI use cases in production, CEO Jamie Dimon has revealed, calling the technology "extraordinary and groundbreaking".
The Bank of England has opened recruitment for staff to oversee the development of its proposed central bank digital currency.
11 April 2023
British regulators have enlisted former Love Island contestant Sharon Gaffka for a campaign to educate social media "fin-fluencers" about the risks of promoting illegal get-rich-quick schemes.
UK bank NatWest has launched a programme to help displaced Ukrainian women start new careers in technology.
Bob Lee, the founder of the Cash App and a former chief technology officer at Square died on Tuesday after he was stabbed in San Francisco.
05 April 2023
Revolut's attempts to bridge the gender pay gap at its business appears to be going into reverse, with the mean differential between women and men increasing from 22.7% last year to 25.4% as of April 2022.
Following its rescue sale last month, embedded banking platform Railsr has brought in a new management team, led by the former boss of blockchain firm Setl, Philippe Morel.
04 April 2023
US regulator the Office of the Comptroller of the Currency (OCC) has tapped industry veteran Prashant Bhardwaj to lead its new Office of Financial Technology.
03 April 2023
Etienne Goosse will step down as Director General of the EPC from April 2023 after 12 years in the role.
31 March 2023
Accenture has announced it will cut 19,000 jobs, 2.5% of its workforce, over the next 18 months. This follows a number of cutbacks in the finance and fintech sector amid a slowdown in IT spending.
24 March 2023
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