Citi Wealth debuts Citi Sky, an AI-driven platform built with Google Cloud and DeepMind to transform traditional advisor-client relationships.…
Intuit eliminates 17% of workforce while reporting 10% revenue growth, highlighting tension between financial performance and AI transformation priorities.…
OpenAI establishes its first international Applied AI Lab in Singapore through a S$300 million government partnership, marking a strategic expansion beyond US borders.…
New Visa threats analysis shows fraudsters pivoting to sophisticated AI-enabled social engineering as traditional payment network vulnerabilities close.…
New research shows 85% of law firms let client pressure drive AI decisions while struggling to prove value, revealing a dangerous disconnect between demand and demonstrable returns.…
Visa warns of escalating AI-driven ransomware attacks, signaling urgent need for enhanced cybersecurity across financial institutions.…
Catena Labs secures $30M funding and files for US bank charter to create regulatory-compliant financial rails for autonomous AI agents.…
Meta initiates 8,000 job cuts globally starting in Singapore as the company accelerates AI investment, marking a pivotal workforce restructuring across the tech industry.…
Major Bitcoin mining companies are emerging as unexpected players in the AI infrastructure boom, with Bernstein highlighting strong prospects for the sector.…
Britain's financial regulator begins practical AI testing with major banks, ending the "wait and see" period for algorithmic oversight in UK financial services.…
London-based Standard Chartered announces plans to eliminate over 7,800 positions by 2030, targeting 20% productivity gains through AI adoption in compliance and risk management.…
UK banking giant reveals plans to eliminate over 15% of corporate function positions by 2030 as artificial intelligence transforms operational efficiency.…