BNP Paribas forms partnership with Mistral AI
BNP Paribas has inked a multi-year agreement with Mistral AI, covering all of the French artificial intelligence giant’s commercial models.
Morgan Stanley fined $60m over data centre decommissioning failures
The Office of the Comptroller of the Currency (OCC) has hit Morgan Stanley with a $60 million penalty for failing to properly decommission two wealth management data centres in 2016.
Beige Book: Auto sales mixed after CDK cyberattack
Auto sales were mixed in June as several dealerships reported that sales were down, in part because of the cyberattack…
UBS comes back for seconds in $50 million SigFig raise
UBS has joined a group of cash-rich VCs in a $50 million funding round for robo-advisory outfit SigFig.
PODCAST: Migration & repossession discussion with Jeremiah Wheeler of DRN and MVTRAC
Cloud as the enabler of AI’s competitive advantage
Data is just the beginning. Financial institutions (FIs) are now hyper-focused on surfacing meaningful, timely, and actionable insights from proprietary and third-party data. Technologies such as the cloud and artificial intelligence (AI) are forming new partnerships between humans and machines.
Beige Book: Affordability woes hinder auto sales
Affordability concerns dampened auto sales in July and August as elevated interest rates and high vehicle prices point to a…
AutoNation, Lithia captive originations up sequentially
Retailers’ captive finance originations grew in the first quarter and finance and insurance revenue was mixed as sales and inventory…
FNZ goes live with blockchain-based fund admin system
Wealth management platform FNZ has begun the roll out of ChainClear, its blockchain-based fund trading and settlement system, to the South African funds market.
Starling extends business banking suite with Ember acquisition
Starling Bank has acquired accounting software firm Ember in an effort to extend its offering for the small business banking market.
Tricolor former CEO Daniel Chu seeks to shore up $15M legal defense
In one of his first public actions since Tricolor Holdings declared bankruptcy, former Chief Executive Daniel Chu has started amassing…
Top 10 vehicles that end up being totaled following crashes
New malware strain hits Eastern Asia
A new phishing malware strain that mimics legitimate apps to steal user credentials and banking data has emerged in Eastern Asia.
French anti-trust watchdog shines a light on fintech
France’s competition authority has launched a public consultation into the fintech sector, with a focus on payment services.














