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Innovative AI models should be trained to respect a ‘constitution' or a set of regulatory rules that would reduce the risk of harmful behaviour, argues a senior Bank of England policy maker.
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SIX Digital Exchange (SDX) announces that digital asset issuances facilitated on its platform will surpass 1 billion Swiss Francs (CHF) with the settlement of the CHF 200mn bond by the World Bank priced on 15 May.
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Financial crime consultancy Plenitude has acquired Contineo Financial Risk Solutions, a provider of technical advisory services for regulatory compliance operations.
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Middle Eastern investment bank EFG Hermes has acquired a minority stake in Danish fintech Kenzi Wealth.
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JPMorgan is to give AI training to all new employees, as the bank seeks to cement its reputation as an AI powerhouse.
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