#banks

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www.theguardian.com
1 month ago
Privacy professionals

Millions more in cash needed to fund UK's open-banking watchdog

Banks are under pressure to provide interim funding for open banking supervision.
Regulators seek funding to prevent financial crime and protect consumers. [ more ]
www.hamhigh.co.uk
2 months ago
London

Suspected serial bank burglars arrested after sledgehammer found in car

Two men have been charged after a string of burglaries at banks in London and Hertfordshire.
Police linked a car fitted with cloned number plates to the burglaries. [ more ]
Digital Nation
3 months ago
Artificial intelligence

Data centres and finance companies to benefit most from AI: Moody's

Data centre operators, banks, and insurance companies are expected to benefit from AI more than other industries, according to Moody's.
The impact of AI on credit quality will be felt over the next two to three years as use cases gradually broaden across industries. [ more ]
Coindesk
5 months ago
Artificial intelligence

Artificial Intelligence Technology Brings Benefits, Risks to Banking: Bank of America

AI has the potential to improve banks' efficiency and productivity.
Concerns exist around data security and protection of client assets with the adoption of AI technology by banks. [ more ]
Createsend
3 months ago
Business

The Morning Ledger: SEC Wants Some Banks to Disclose More on Commercial Real-Estate Exposure

The Securities and Exchange Commission is questioning community and regional banks about their exposure to commercial real estate, as potential losses on the loans could lead to further cut lending.
Banks are facing scrutiny around the effects of the commercial real estate credit crunch, which threatens the financial system. [ more ]
London Business News | Londonlovesbusiness.com
4 months ago
Business

Supply chain finance forecast: The key trends in trade finance amid global economic shifts

Banks will invest behind long-term customer relationships amid economic uncertainty.
Increased direct origination of supply chain finance deals by banks and non-banks.
Shift of volumes into open account drives investment in technology. [ more ]
Cointelegraph Magazine
4 months ago
Cryptocurrency

BlackRock revises BTC ETF filing, El Salvador's crypto citizenship trending, and more: Hodler's Digest, Dec. 10-16

BlackRock has made changes to its spot Bitcoin ETF application, allowing banks to participate by creating new shares with cash instead of crypto.
El Salvador's Freedom Visa program, which requires a $1 million Bitcoin or Tether donation, expects to sell out before the end of 2023. [ more ]
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