Finance
Bank Workforce Unease Deepens as CEOs Discuss AI Cuts
Bank workers, including those in higher-level roles, feel increasingly "unmoored" by CEO discussions of AI-related job cuts, according to a recent Bloomberg...
#banking 25 articles
Finance
US Banks Launch Tokenized Deposit Network Against Stablecoins
Major U.S. banks, including JPMorgan and Citi, are launching a tokenized deposit network by 2027. This blockchain-based system aims to counter stablecoin...
Investing
Banks vs. Stablecoins: The Battle for Banking Power
Traditional banks, led by JPMorgan Chase, are pushing back against stablecoin issuers, viewing them as direct competitors for core banking functions and...
Finance
OpenAI Offers UK Banks AI Cyber Tool After Rival Blocks Access
OpenAI has provided nine major UK banks access to its cybersecurity AI tool, GPT-5.5 Cyber, following rival Anthropic's decision to restrict previews...
Investing
Bank of England Economist: Tokenized Deposits Will Eclipse Stablecoins in Five Years
A Bank of England economist predicts tokenized deposits will supplant stablecoins within five years, driven by commercial banks' strategic pivot. She highlights...
Finance
Banks Shift Focus Upstream as Consumers Prepare for Cost Hikes
Consumers are proactively adjusting finances anticipating higher costs. Banks are responding by offering tools to forecast financial pressures before they become acute.
Finance
Standard Chartered to Cut Over 7,800 Roles Amid AI Integration
Standard Chartered plans to eliminate more than 15% of its back-office roles by 2030, citing increased use of artificial intelligence and automation.
Finance
Woman’s 94-Mile Trip to Bank HMRC Cheque Sparks Rural Access Debate
Annabel Yates faced a 94-mile round trip to deposit a £900 HMRC cheque after Lloyds stopped Post Office services, highlighting rural banking...
Finance
Saudi FinTech Stitch Raises $25M Series A for Core Banking Overhaul
Saudi Arabia-based FinTech Stitch has raised $25 million in Series A funding led by Andreessen Horowitz to replace fragmented, legacy bank core...