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BofE eyes AI’s risk to financial stability

As firms integrate more advanced AI-based analysis into their core trading and investment activities, regulators need to vigilant about potential financial stability risks, the Bank of England’s Financial Policy Committee warns.

Sibos 2025: DeFi expected to take over financial ecosystem

In the rapidly developing financial universe, there are certain buzzwords that have been reappearing throughout discussions: blockchain, stablecoins, and tokenisation. While cryptocurrencies are not new, these new developments in decentralised finance (DeFi) are taking the financial sector by storm.

Could Big Tech disrupt the investment funds industry?

Big Tech companies such as Google, Apple and Microsoft have yet to encroach on the investment funds industry, but new research from distribution network Calastone suggests they would have a ready market from young millennials.

Visa looks to generative AI to enhance tokenisation

At Money 20/20 Europe, Mehret Habteab, senior VP of product and solutions at Visa Europe, announced the company generated $40 billion in incremental e-commerce revenue globally, after issuing over 10 billion tokens since their launch in 2014.

United Fintech appoints Rupsa Mukherjee as head of M&A

United Fintech, an umbrella outfit dedicated to scooping up a stable of capital markets, wealth management and wholesale banking vendors, is preparing for a new wave of M&A activity with the appointment of Deutsche Bank’s Rupsa Mukherjee as head of mergers and acquisitions.

Report highlights tech skills shortage

The financial services sector faces a potential shortage of skilled technologists and data analysts over the next five years, according to as recently published report.