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Fintech lender Figure suffered a social-engineering breach that led to a data dump online. Have I Been Pwned found 967,200 exposed email records.
The post Figure Data Breach Exposes Nearly 1 Million Customers Online appeared first on TechRepublic.
Harriet Rees from Starling Bank and Dr Rohit Dhawan from Lloyds Banking Group will spearhead AI adoption.
The post UK Appoints AI Champions to Boost Financial Services appeared first on TechRepublic.
UK MPs warn regulators’ hands-off stance on AI in finance risks consumer harm, fraud, and systemic shocks as adoption outpaces oversight.
The post Lawmakers Raise Concerns Over Unchecked AI Use in UK Finance appeared first on TechRepublic.
How banks and fintechs are using generative AI to drive efficiency, manage risk, and reshape customer interactions
The post Generative AI in Financial Services: Innovation, Risk, and Customer Experience appeared first on TechRepublic.
Morgan Stanley projects Europe’s banks could cut about 10% of jobs by 2030 as AI and branch closures drive cost cuts under investor pressure.
The post Morgan Stanley Warns AI Could Eliminate 200,000 Banking Jobs in Europe appeared first on TechRepublic.
The nation is moving toward a framework that treats digital assets much like traditional financial products.
The post UK Treasury Draws Up New Rules to Police Booming Crypto Sector appeared first on TechRepublic.
Firms and policymakers must act now to ensure the UK workforce “is equipped to lead the way in digitisation, innovation, and adoption.”
The post UK Government Commissions Skills Review for AI in Finance appeared first on TechRepublic.
Claude deepens financial services capabilities with Excel integration and real-time data access.
The post Anthropic Expands Claude AI for Financial Services appeared first on TechRepublic.
Chancellor Rachel Reeves unveiled a new Scale-up Unit aimed at giving bespoke support to rapidly growing banks, insurers, and fintech firms.
The post UK Chancellor Sets Out Strategy to Boost Financial Innovation appeared first on TechRepublic.