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Temenos Community Forum opens the floor to AI governance

/regulation

Temenos Community Forum opens the floor to AI governance

Setting the tone for the second day of Temenos Community Forum, Dr Jonnie Penn, associate teaching professor of AI ethics and society, University of Cambridge delivered a speech on both the growth of AI and the task of governing its ethical standards.

Temenos Community Forum welcomes an era of innovation, customer centricity and agentic tools

/regulation

Temenos Community Forum welcomes an era of innovation, customer centricity and agentic tools

Temenos CEO Jean-Pierre Brulard opened this year’s Temenos Community Forum (TCF), in Madrid, Spain, with an impassioned speech focused on customer and partner gratitude.

Cyber attacks keep me awake at night - HSBC UK boss

/regulation

Cyber attacks keep me awake at night - HSBC UK boss

The boss of a UK high street bank has told a panel of politicians that the possibility of a cyber attack "keeps me awake at night".

Revolut to invest €1 billion in France and apply for banking licence

/regulation

Revolut to invest €1 billion in France and apply for banking licence

Revolut is to invest more than $1 billion to expand its operations in France over the next three years as it prepares to apply for a French banking licence.

Aveni launches FinLLM with backing from Lloyds and Nationwide

/regulation

Aveni launches FinLLM with backing from Lloyds and Nationwide

Lloyds and Nationwide-backed fintech Aveni has released the first version of its domain-specific large language model for financial services, FinLLM.

GIST Impact partners with Global Canopy to help financial institutions assess deforestation risk

/regulation

GIST Impact partners with Global Canopy to help financial institutions assess deforestation risk

The collective goal of this partnership is to make deforestation analysis the norm at every financial institution.

ECB sets back deadline for non-bank PSP access to Target

/regulation

ECB sets back deadline for non-bank PSP access to Target

The European Central bank has postponed a deadline for allowing non-bank payment service providers (PSPs) to access central bank-operated payment systems, including the Target settlement system.

Leading retailers urge EU to crack down on Visa and Mastercard fees

/regulation

Leading retailers urge EU to crack down on Visa and Mastercard fees

Europe's largest retailers have banded together to press the European Commission to crack down on fees charged by Visa and Mastercard.

BIS and NY Fed test policy implications of future tokenised market

/regulation

BIS and NY Fed test policy implications of future tokenised market

The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) have published a joint research study that explored how central banks could continue to implement monetary policy operations in tokenised wholesale financial markets.

Bank of London faces regulatory probe as auditor raises uncertainty over future

/regulation

Bank of London faces regulatory probe as auditor raises uncertainty over future

The Bank of London says it is under investigation by UK regulators in a move its auditors warn could cast "significant doubt" over its future.

BitGo secures EU crypto custody licence

/regulation

BitGo secures EU crypto custody licence

US-based crypto custodian BitGo has become one of the first non-EU firms to secure a licence under the EU's Markets in Crypto Assets (MiCA) directive.

1.2m UK customers affected by February bank outages

/regulation

1.2m UK customers affected by February bank outages

A major outage suffered by UK high street banks on the last Friday of February affected more than 1.2m customers, according to a recently released House of Commons report.

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