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/cloud

Nationwide migrates onsite IT estate to HPE GreenLake Cloud

Nationwide Building Society has migrated its on-premises IT estate to Hewlett Packard Enterprise (HPE) GreenLake Cloud.

/ai

European central banks look to GenAI to improve inflation forecasting

The Bank for International Settlements is working with the European Central Bank and Detusche Bundesbank to explore how generative AI could be applied to improve inflation forecasting.

/cloud

Santander launches Openbank digital brand in Mexico

Hot on the heels of its arrival in the US, Santander's Openbank digital offering has landed in Mexico.

/wealth

Robinhood makes wealth management push through $300m TradeMPR deal

Trading app Robinhood has agreed a $300 million cash and stock deal to buy custodial and portfolio management platform TradePMR.

/markets

Goldman Sachs to spin out blockchain platform

Goldman Sachs is in talks with potential partners as it looks to spin out its blockchain-based technology platform, GS DOS.

/retail

Starling Bank CEO accused of creating 'grey corporate hellscape'

Starling Bank staff have accused new chief executive Raman Bhatia of creating a 'grey corporate hellscape' after issuing a return to office policy despite the lack of desks to accomodate the employee influx.

/security

AI-created digital documents and deep fakes pose biggest threat to financial services

Digital document manipulation using AI and deepfakes have been revealed as the biggest growing threats facing the financial services industry going into 2025, according to a report by the Entrust Cybersecurity Institute.

/payments

Mama Money launches WhatsApp bank card

South African fintech Mama Money Financial Services has launched a new bank card that enables cardholders to manage their account and money through WhatsApp.

/retail

NatWest overhauls ATM network with NCR Atleos

NatWest Group has struck a deal with NCR Atleos to upgrade its 5500-strong owned and partner network of ATMs and multi-function devices.

/regulation

Revolut scores UK trading licence

Revolut has been granted a trading licence by the Financial Conduct Authority, paving the way for the fintech to start offering UK-listed stocks.

/payments

Spanish banks first to onboard to EU instant cross-border payment scheme

The Spanish banking community has become the first EU market to enable instant cross-currency payments under the European Payment Council's OCT Inst (One-Leg Out (OLO) Instant Credit Transfer scheme.

/people

TrueLayer lays off 25% of staff in a single day

Open banking vendor TrueLayer reportedly laid of a quarter of staff in September in an attempt to push the loss-making firm to profitability.