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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...

The plan to save European farming

On the other hand, this income-based program should not depend on whether farmers comply with additional environmental rules — meaning those that go beyond...

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...

New report by Airwallex and Skift shows 66% of travel companies’ profits impacted by outdated payment systems

A report by Airwallex and Skift has revealed 66 percent of travel companies are seeing their profit margins impacted by...

Conferma and Pliant Partner on Innovative Virtual Travel Payments

Conferma, the leading virtual...

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”...

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