/people
Temenos has hired Barb Morgan, formerly of LSEG and FIS, as chief product and technology officer.
24 October 2024
/ai
Morgan Stanley has rolled out a generative AI-powered assistant to support staff in surfacing and distilling insights from its extensive research library.
/payments
The European Central bank is implementing a cross-currency settlement service on the Eurosystem's Target Instant Payment Settlement (Tips) service.
Klarna is teaming up with Blackhawk Network to launch the UK's first buy now, pay later gift card store
In a European first, Nordic challenger bank Lunar has launched a virtual assistant using GenAI Native Voice technology.
Norway's progress to become one of the world's first cashless economy has hit a roadblock under new rules passed by Parliament that oblige shops to accept cash payments alongside other mobile payment and card options.
Bank of America's artificial intelligence push has led to a 94% increase in AI and machine learning granted and pending patent applications since 2022.
/crypto
Garanti BBVA is rolling out a crypto safekeeping service to its customers through a collaboration with Ripple and IBM.
/crime
Australia, Canada, Japan, Korea and Spain were among those mentioned as requesting to use Interpol’s Global Rapid Intervention of Payments (I-GRIP) system by Sungyong Kang, criminal intelligence officer, Interpol, during a panel at Sibos.
23 October 2024
“There have been many fundamental shifts in the IT space, such as the internet and the ecommerce revolution. This is the biggest one,” warned Dorian Selz, CEO and co-founder of Squirro, at Sibos today. “Leadership in companies needs to be on top of this revolution.”
/regulation
The Consumer Financial Protection Bureau has slapped an $89 million penalty on Apple and Goldman Sachs for illegally mishandling credit card transaction disputes and misleading iPhone purchasers about interest-free payment options.
/markets
Eurex Clearing has successfully tested the settlement of cash over a distributed ledger operated by the Banque de France.
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.