UBS to have 50% of applications running in Microsoft Azure cloud
UBS is stepping up its migration to the cloud, setting out plans to have more than 50% of its applications, including critical workloads, running on Microsoft Azure within five years.
SFLive hackathon winners AfriGIS to launch Resolve Water climate risk solution
AfriGIS, winners of the 2024 Sustainable Finance Live hackathon have developed Resolve Water: a climate and water intelligence for businesses.
73% of FS execs expect GenAI to take their jobs
Almost three-quarters (73%) of executives working in financial services expect to eventually be replaced by Generative AI (GAI), according to a recently released study.
UK Government announces billions in AI investment ahead of Budget
The UK Department for Science, Innovation, and Technology announced billions of pounds in investments for AI innovation on Thursday.
Oxbury Bank reports first profitable year
British AgTech bank Oxbury has reported a pre-tax profit of £3 million and is on target to reach £1 billion in lending in the coming months.
BDC leads Canadian SMEs towards a greener future
In a conversation with Pierre-Olivier Brodeur, lead sustainability and decarbonisation projects incubator at the Business Development Bank of Canada (BDC), Brodeur discussed how new positions are being formed to account for sustainable practices and focus on climate solutions in the finance industry.
Valley Strong Credit Union vets dealer fraud as it looks to expand
Valley Strong Credit Union is vetting dealers based on deal quality and fraud risk as it looks to expand its…
US shutdown could spark regional bank crisis says fintech CEO
The layoffs of federal workers in the US as a result of the government shutdown could create numerous blind spots in the regulation of the country’s banking sector, says the CEO of a fintech startup.
Regulator warns Australian banks on technology risks
Australian banks and their internal audit teams need to pay more attention to the risks posed by legacy technology and an over reliance on a select number of cloud providers, according to the industry’s watchdog.
ARC schedules next F&I training session tailored for independent dealers
Fed survey shows steady auto-finance strategy by banks in Q2
Chainlink and UBS demonstrate onchain connectivity with Swift
Demonstrated by UBS, Chainlink has introduced technology that enables financial institutions to use Swift messages to instruct on-chain token transfers, helping the messaging network become interoperable across nearly all blockchain environments.
NextGen: AI – UK AI market poised to grow six-fold
Join Finextra at our inaugural London event at the end of November to redefine the role of AI in financial services and explore why the UK AI market is set to grow exponentially.
PayPal invests in conversational AI firm Rasa
PayPal Ventures has co-led a $30 million Series C funding round for generative conversational AI platform Rasa.














