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Starling Bank fined £29m for ‘shockingly lax’ AML screening

The Financial Conduct Authority has fined Starling Bank £29 million for failings related to its financial sanctions screening.EditorialThis content has been selected, created and...

Lloyds hires AWS exec to head up new AI and analytics unit

Lloyds Banking Group has hired an executive from Amazon Web Services as its first director of artificial intelligence andd analytics.EditorialThis content has been selected,...

Lloyds to convert old data centres and offices into social housing

Lloyds Bank Group is to convert decommissioned data...

Commbank adds car buying and travel bookings to mobile app

Commonwealth Bank of Australia has added travel bookings...

CommBank adds travel booking and car buying services to app

Commonwealth Bank of Australia has added travel booking...

Will generative AI make banking jobs more efficient or replace them?

Generative AI is now becoming a reality within banking. McKinsey found more than 50% of banks in US and Europe are adopting  “more centralised”...

AI to impact more than half of banking jobs – Citi

AI is set to upend the finance industry,...

AI to impact more than half of banking jobs – Citi

AI is set to upend the finance industry,...

Michael Kors rolls out Mastercard GenAI-powered shopping assistant

Michael Kors has become the first retailer to...

Funding Circle to cut 120 jobs

Small business lender Funding Circle is cutting around...

Revolut opens job recruitment tool to companies on LinkedIn

Revolut has integrated its inhouse recruitment platform with...

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