Banking

Retail investors’ participation in the gilt market – Bank Underground

Sarah Munson and Callum Ashworth In recent years, retail investors’ demand for UK government bonds (gilts) has increased, marking a change in the composition...

SMBC Americas deploys Fenergo AI for KYC, AML compliance

Banking giant SMBC Americas is deploying AI solutions from fintech Fenergo to streamline KYC, AML and client lifecycle management at the $2.1 trillion bank.   The deployment...

FIS closes Global Payments’ Issuer Solutions acquisition

Financial technology firm FIS said today it has completed its acquisition of Global Payments’ Issuer Solutions business, formerly known as TSYS, in a...

Dutch fintech Bunq reapplies to become a bank in the US

The Dutch fintech Bunq BV applied to become a US bank two years after rescinding a previous application made under former President Joe...

PNC Head of Data, Automation Ned Carroll featured fireside chat at FinAi Banking Summit

Ned Carroll, head of data and automation at PNC Financial Services Group, will be featured in a fireside chat at FinAi Banking Summit on Tuesday, March...

Hiring a chief AI officer: Compensation, recruitment, candidates, responsibility

AI is now large enough to justify a dedicated seat in the C-suite.  Demand for this leadership position is being led by three groups, Praneet Franklin,...