Morgan Stanley Wealth Management is tapping OpenAI’s GPT-4 to deliver content and insights into the hands of financial advisors. Payments giant Stripe is also integrating GPT-4 into its products and services.

Irish high street bank AIB has admitted to a glitch in its online banking service after it was highlighted by newspaper The Irish Independent.

Ripple has commenced the roll out of its RLUSD stablecoin on global exchanges Uphold, Bitso, MoonPay, Archax, and CoinMENA, with more in the pipeline.

Deutsche Bank has inked a multi-year agreement with NVIDIA to accelerate the use of AI in financial services.

UK-based payments processor Checkout.com has cut almost a quarter of its work force following a drop in revenue.

The UK Treasury has instructed the Financial Services Skills Commission (FSSC) to produce a report on AI skills needs, training and innovation in financial services.

The British Business Bank has announced its Northern Powerhouse Investment Fund II providing a £660m fund to small businesses in the North of England.

The UK Financial Conduct Authority is inviting feedback on its previously-floated proposal to remove the £100 contactless limit on card payments.

The Basel Committee on Banking Supervision is to revisit its proposed punitive rules on investments in crypto assets by financial institutions after substantial pushback from trade associations.

Slash, a US banking startup that bridges the gap between personal and business banking for entrepreneurs, has emerged from stealth on the back of a $19 million funding round led by NEA.

BNY Mellon, one of the largest cheque processors in the US, is spearheading efforts to reduce cheque-based payments, through a series of digital innovations and financial benefits.

Research by TSB reveals that of the 31 percent of people who have acted on financial advice on social media platforms – over half (55%) lost money as a result.

A US-based trade association representing crypto firms has called for the dismissal of an insider trading case brought by the Securities and Exchanges Commission (SEC) arguing that the regulator has unfairly labelled crypto assets as securities.

JPMorgan Chase will spend more than $12 billion on technology in 2022, contributing to an eight per cent rise in expenses that could hurt the bank’s profitability targets.

NatWest is looking to train up its staff for the data revolution by pumping £1 million into an academy open to all of its 70,000 employees.