Emirates NBD Partners with McKinsey to Drive AI and Advanced Analytics Transformation
Emirates NBD has announced a strategic partnership with McKinsey to accelerate its transformation into an AI and advanced-analytics-driven bank.
AI & Cloud
HSBC Pilots Quantum-Safe Technology for Tokenised Gold
HSBC has successfully piloted the first application of quantum-secure technology for buying and selling tokenised physical gold, demonstrating its...
Zopa Bank Launches Beta Version of Current Account Using Thought Machine's Vault Core
UK digital bank Zopa has launched a beta version of its current account, powered by Thought Machine's Vault Core platform, as it expands from a specialist...
Shawbrook Selects Thought Machine's Vault Core to Scale Commercial SME Lending
UK specialist bank Shawbrook has selected Thought Machine's Vault Core as its core banking platform to scale its commercial SME lending operations.
Kuwait's Boubyan Bank Taps Temenos to Modernise Core Banking Systems
Boubyan Bank, Kuwait's second-largest Islamic bank, has selected Temenos to modernise its retail, corporate, and private banking platforms, replacing legacy...
JPMorgan Chase Rolls Out LLM Suite to 200,000 Employees
JPMorgan Chase has deployed its proprietary generative AI platform, LLM Suite, to more than 200,000 employees globally, making it one of the largest...
Riyad Bank Introduces First AI Center in Saudi Banking Industry
Riyad Bank has launched the Centre of Intelligence, marking the first dedicated artificial intelligence centre established within the Saudi banking sector.
UAE AI Office, Mastercard, and FAB Launch Joint AI Challenge
The UAE Artificial Intelligence Office, Mastercard, and First Abu Dhabi Bank have launched a joint AI challenge aimed at discovering innovative artificial...
Mashreq Awards Oracle Global Banking Licence to Power International Expansion
Mashreq Bank has awarded Oracle Financial Services a worldwide licence to modernise its core banking infrastructure across all international markets, in one...
Nubank Acquires AI-for-Banks Startup Hyperplane to Accelerate AI-First Strategy
Brazilian digital bank Nubank has acquired Hyperplane, a Silicon Valley-based AI startup specialising in machine learning for financial services, as part of...
Mashreq to Roll Out Oracle Flexcube Core Banking System Across Global Operations
Mashreq has extended its relationship with Oracle Financial Services to roll out the Oracle Flexcube core banking system across its global operations,...
ADIB Implements AI Technology from Silent Eight for Financial Crime Screening
Abu Dhabi Islamic Bank has deployed Silent Eight's AI platform to automate the alert screening investigation process within its financial crime compliance...