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More than half of the companies investing in artificial intelligence (AI) projects have been unable to extract any tangible benefit, according to recently published research.
26 September 2024
The UK's Financial Conduct Authority has proposed rules designed to better protect customers when payments and e-money firms go out of business.
25 September 2024
AI startup Bridgewise has been given the green light by Israeli regulators to launch a chatbot that gives advice on buying and selling stocks.
A senior HSBC executive is the latest banker to call for technology and social media firms to help foot the bill for compensating victims of Authorised Push Payment (APP) fraud.
24 September 2024
Finextra launches its inaugural Next:Gen AI event on 26 November 2024. Join us in London to help redefine what’s possible.
The majority of UK-based financial firms are risk-averse when it comes to new technology, according to recently published research.
The Hong Kong Monetary Authority (HKMA) has started the second phase of its digital Hong Kong dollar pilot study.
Facing increasing regulatory scrutiny, Abrdn, Fidelity and SS&C have joined a new UK trade association for investment platforms.
Digital bank Nubank has selected Nasdaq's regulatory reporting system, AxiomSL, for its Latin American offering.
23 September 2024
A new Fair Payment Code has been announced by the UK government to manage late payments that cost SMEs.
20 September 2024
In a speech at Kew Gardens on Monday, UK Foreign Secretary David Lammy spoke on how the UK government will be realigning its priorities to commit to green initiatives and combatting climate change.
Macquarie Investment Management Business Trust (MIMBT), a registered investment advisor of Macquarie Asset Management, is to pay $79.8 million in a settlement with the US Securities and Exchange Commission (SEC) in connection with overvaluing assets and engaging in unlawful cross trades.
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