All articles by Satarupa Bhowmik
Satarupa Bhowmik
BNP Paribas expands ties with Mistral AI to boost generative AI capabilities
The new agreement broadens the alliance to cover software, solutions, and joint research initiatives.
Lloyds stays mum over rumoured Halifax phase-out
The response follows a report by The Sun suggesting that the group plans to phase out Halifax as a standalone brand this summer.
FCA sounds alarm as AI reshapes financial crime
Rathi pointed out that financial crime had become “more organised than ever before”.
UniCredit outlines Commerzbank overhaul roadmap amid takeover pursuit
UniCredit pitched the plan as an intervention to correct “structural weaknesses” at Commerzbank.
Anthropic powers new Piraeus Bank AI hub
The initiative aims to speed up Piraeus Bank’s enterprise-wide AI transformation.
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Revolut to base 40% of global workforce in India by end-2026
The company will add 1,600 roles in India through 2026, taking its headcount there to 5,500 by the end of that year.
Lloyds admits IT glitch hit nearly half a million customers
The bank reported that 114,182 users accessed others’ transactions, potentially exposing sensitive data like account details.
Citigroup invests in Japan’s Sakana AI
The investment size was not disclosed, though both sides described it as “strategic”.
Bank of England explores alternatives to card payments – report
BoE is creating panels to take evidence from stakeholders both inside and outside the financial sector.
FICO, Tech Mahindra form global alliance to speed AI decisioning for banks
Under the agreement, Tech Mahindra will set up a dedicated Centre of Excellence (CoE) focused on the FICO Platform.