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Latest Results from /devops

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Global CBDC adoption is on the horizon – Giesecke + Devrient

Digital payments innovation in different regions of the world is being spurred on by Central Bank Digital Currency (CBDC) adoption, as nations experiment with new payments options that can be more inclusive and dynamic. 130 countries are currently exploring the possibilities with CBDC adoption, which allows for digital money to be supported and used publicly alongside cash whilst supported by the nation’s central bank.

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LSEG and Microsoft join forces to build generative AI models

The London Stock Exchange Group (LSEG) and Microsoft are partnering with banks to form customised generative AI models.

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Mizuho to roll out generative AI to employees

Japanese bank Mizuho has made Microsoft’s OpenAI platform available to its 45,000 workers.

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Infosys scores tech outsourcing deal with Danske Bank

Indian IT services provider Infosys has secured a digital transformation contract with Denmark’s Danske Bank.

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Lloyds Bank sets up tech centre in Hyderabad

UK high street bank Lloyds Banking Group is set to create an IT centre in India to further its digital transformation.

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Money20/20: Quantum and generative AI together is ‘scary’ - ING

At Money20/20 in Amsterdam, Finextra chatted to ING’s head of corporate strategy & innovation Jeroen Plag about how the bank has merged the innovation and strategy departments bringing initiatives closer to the business like CoorpID and Blacksmith and is now focusing on building new assets.

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Money20/20: No end game for open banking

Money20/20's annual Europe event kicked off with a stream updating the industry on the progress of open banking.

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FinTech Scotland doubles-down on data to invigorate fintech

Nicola Anderson, CEO of Fintech Scotland, discussed the developments at the organisation and future developments in the Scottish fintech sector.

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Generative AI governance targeted in proposed EU rules

The EU’s AI Act has been pushed through to the trilogue stage after nearly two years of drafting. The draft includes requirements for generative AI tools, like ChatGPT, to disclose the copyrighted material used in developing their programmes.

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Jeremy Hunt dismisses AI warnings and insists UK leads the AI race

Chancellor Jeremy Hunt waved away concerns on rapid AI development at a Politico event in London on Wednesday, and insisted that the UK needs to step up in the global AI race.

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AI race in full gear as Alphabet forms new AI-focused division

Alphabet Inc., Google’s parent company, is merging two AI-focused research divisions, Google Brain and DeepMind, to keep up the pace with competing AI developments.

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IFGS 2023: Paul Scully MP pushes for widespread use digital ID in UK

Minister for tech and the digital economy, Paul Scully MP, opened day two of the Innovate Finance Summit 2023 with a keynote on the UK government’s ambition for digital identity.