National Australia Bank (NAB) is to commit AUS$2bn ($1.38bn) to support Australia’s technology sector.

Research among 15,000 consumers conducted by ING finds that only two percent would trust a fully automated robo-adviser to invest their money on their behalf.

BBVA is entering a three-year project with the University of Navarra to address the main ethical, technical and regulatory challenges posed by artificial intelligence.

With the accelerating pace of transformation in financial services, day two of SOFE 2019 explored the direction of travel financial institutions should embark on in order to thrive in this new world.

Research by Gartner identified 25 “must-know” emerging technologies across three key areas which it predicts will greatly impact business and society over the next two to ten years.

Ziglu, the UK-based digital banking and crypto platform, has launched Crypto on Card, a new feature enabling customers to spend their cryptocurrency in real-world transactions using their Ziglu debit card.

The BIS Inovation Hub and the Bank of England have developed a prototype analytical tool to unlock the richer payments data derived from the ISO 20022 payments messaging protocol.

Join Finextra at our inaugural London event next month to redefine the role of AI in financial services.

Santander has inked a deal with OpenAI, rolling out ChatGPT Enterprise to nearly 15,000 staffers as it bids to become an “AI-native” bank.

BNP Paribas has set itself a target to have 1,000 more women working in IT professions by the end of 2024, through both internal and external recruitment.

Goldman Sachs is to hire 100 staff in Singapore, raising its headcount in the Southeast Asian financial hub to more than 1000.

Consumers in the US will be given the right to instruct their banks to transfer their financial data to other institutions, under new open banking rules devised by the Consumer Financial Protection Bureau.

Deutsche Börse has integrated social media monitoring services from Stockpulse into its market surveillance technology.

The Payments Association has warned that international criminals are making the most of innovations in cross-border payments to stash funds and evade detection when undertaking authorised push payment (APP) fraud.

BBVA in Mexico has launched a new mobile app developed by a multi-disciplinary team from offices in Spain, the US and Mexico, marking the first stage of a global roll out that unifies design, functionality and user experience across the group’s mobile banking franchise.