Binance says it will not go ahead with plans to buy FTX, citing the results of due diligence and reports of US regulatory investigations into its rival crypto exchange.

Central bank digital currencies (CBDCs) do not pose a threat to cryptocurrencies and would actually help build trust among sceptics by validating the underlying blockchain technology.

US regulator the Office of the Comptroller of the Currency (OCC) is setting up a financial technology unit to help it keep up with the "rapidly changing banking landscape".

Source: Target Group

Target Group, the operational transformation, business processing and software provider has today announced that Kathy Griffin will be joining as Chief Risk Officer, starting immediately.

Source: Oracle

Oracle and HSBC, one of the world’s largest financial services organizations, today announced a strategic collaboration to accelerate the bank’s digital transformation.

Ethical considerations should feature more prominently in the use of artificial intelligence (AI) in the investment management world, according to a recently published paper.

Source: TrustBuilder

TrustBuilder announces version 11 of its Identity & Access Management (IAM) solution. In the new version the identity piece, in particular, has been further strengthened.Thoroughly verifying a user's identity is important in enhancing customer experience, in achieving zero trust, and in ensuring compliance through KYC obligations.