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banks

AI will impact more than half of finance jobs -- banks to spend $40 billion: Citi

"This process requires an ability to efficiently validate, understand, and store content of documents to correctly implement client instructions"

Citi slashes 110 applications, overhauls backups: Next up...

Remediating data is a major 2024 priority

“We’re not going to be chasing shiny objects” – What leaders at America’s biggest banks are saying about AI

"We’re starting to see multimodal AI models, and I think one modality that hasn’t been fully exploited yet is that of the time series. This would be using AI to deal with data points attached to a particular timestamp..."

Bank’s “Rainbow” programme turns a shade of Big Blue

£100 million to build an application and a "fully functional transactional website"? We'll take it!

ECB cybersecurity test

"Institutions continue to report gaps in risk control areas considered fundamental to cyber hygiene, such as proper identity and access management, timely vulnerability patching or network security"

Banks need to do better on operational resilience: Basel

"There is still work to do on developing appropriate business continuity and contingency plans and exit procedures where third parties provide critical operations"

EQ bank hashicorp boundary

Challenger bank makes a bold choice for new identity and access management program

US mega-banks keep up tech spend, but emphasise headwinds

"We're deep into the large body of work of automating manual controls and processes, consolidating fragmented tech platforms and upgrading our data architecture"

Metro Bank wins a lifeline, but for how long?

Efficient at IT, but not much else looks hugely attractive

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