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Commonwealth Bank of Australia has poached Ranil Boteju from Lloyds witth a brief to lead the Australian bank's sprawling AI initiatives.
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Generative AI agents can replicate key cash-management tasks - even without specialised training, according to a Bank for International Settlements working paper.
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The Financial Conduct Authority has launched a stablecoin-specific cohort of its regulatory sandbox. Separately, the watchdog has accepted regtech Eunice into the sandbox to look into an industry-led effort to boost transparency in the UK's crypto markets
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Revolut is implementing a regulatory reporting and risk platform from Nasdaq to support its global growth ambitions.
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A creative billboard campaign to highlight the rising number of scams and identity theft on Instagram has been blocked by outside advertisers for fear of upsetting Meta.
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