Tag: Mobile & Online
Salt Bank adopts Starling Bank’s SaaS platform
Starling Bank's Software-as-a-Service (SaaS) platform, Engine, has secured Salt Bank, formerly known as Idea Bank, as its first client. Salt Bank, a subsidiary of...
HSBC uses blockchain tech for tokenized gold
HSBC has introduced a platform that leverages distributed ledger technology to tokenize the ownership of institutional clients' physical gold stored in the bank's London...
RBI fines Paytm Payments Bank For KYC Failings
The Reserve Bank of India (RBI) has imposed a fine of around $650,000 on Paytm Payments Bank for Know Your Customer (KYC) requirements lapses.
Last...
Japan’s payments clearing network goes down
A day-long outage at Japan's interbank clearing network caused 1.4 million money transfers by customers of the country's 11 largest banks to be in...
UOB trials Microsoft’s generative AI tool
Singapore-based United Overseas Bank (UOB) is preparing to conduct a trial of Microsoft 365 Copilot, an AI-driven productivity tool, with several hundred employees.
Starting this...
France and UK Compete for AI Dominance in Europe
Xavier Niel, the French billionaire and chairman of the Iliad group, has revealed plans to host an AI conference in Paris in November. This...
NatWest collaborates with AWS to build new generative AI tools
NatWest is expanding its partnership with Amazon Web Services (AWS) to incorporate the use of new generative AI technology provided by the cloud service...
AI could lead to 3.5 workdays a week, says JP Morgan...
Jamie Dimon, the CEO of JPMorgan Chase, believes that while AI may lead to job losses, it could also pave the way for a...
UK banks losing interest in metaverse
The enthusiasm among UK banks for technologies like virtual reality (VR) and augmented reality (AR) has waned as the initial excitement around the Metaverse...
EPI unveils digital wallet ‘wero’
Originally established to create a European alternative to Mastercard and Visa, the European Payments Initiative has chosen 'wero' as the name for its upcoming...
