Banks are falling behind other industries in deploying generative artificial intelligence (GenAI) to differentiate their products and services, leaving vast monetisation opportunities untapped, according to management…
Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday,…
People walk in the rain over the London Bridge in central London on March 12, 2024.Lucy North – Pa Images | Pa Images | Getty ImagesLONDON…
The departure of the German payment group’s CEO comes a day after auditor EY said it would not sign off the accounts due to €1.9bn of cash…
Wirecard’s former chief executive Markus Braun, who resigned last week, has been arrested in Germany after €1.9bn was found to be missing from the company’s balance sheet. The Munich prosecutor’s…
The German payments processor has provided the financial backbone for countless fintech companies including Monzo, Revolut, Loot, Curve, Funding Circle and Atom Auditor EY has refused to sign off the…