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Outage fever strikes UK banks

A spate of online banking glitches has hit the UK’s leading high street banks, leading inevitably to discussions of resilience and operational risk in the industry.

Firms struggling to find RoI for AI projects

More than half of the companies investing in artificial intelligence (AI) projects have been unable to extract any tangible benefit, according to recently published research.

Robinhood lays off 150 employees

Stock trading app Robinhood has laid off another seven per cent of its workforce, about 150 employees, according to the Wall Street Journal.

UK watchdog bans HSBC climate change ads

The UK’s Advertising Standards Authority (ASA) has banned HSBC from running two advertisements, concluding that they are “misleading” about the bank’s climate change efforts.