Rachael Kennedy

While AI offers transformative benefits in areas like underwriting and fraud detection, the report highlights critical challenges, including governance gaps, data security risks, and reliance on third-party providers.

As Bitcoin hits $100,000, European banks are grappling with a different digital currency challenge: a mandatory implementation of the ECB’s digital euro that could cost billions in infrastructure updates while potentially competing with their existing payment solutions. Speaking at a recent panel at Fintech Connect, Nordea’s Chief Digital Currency Strategist Ville Sointu revealed that 20 […]

In the 1999 sci-fi blockbuster The Matrix, Neo is offered a choice: take the blue pill and remain in blissful ignorance, or take the red pill and uncover the often harsh truth of reality. Today’s CFOs are facing a similar crossroads, albeit less dramatic, as they decide whether to maintain traditional practices or embrace an […]

Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), has announced his resignation, effective January 20, 2025. His departure coincides with the inauguration of President-elect Donald Trump, marking the end of a tenure that has left a deep, if controversial, mark on financial markets. Appointed by President Joe Biden in April 2021, Gensler’s […]

As U.S. banks post strong profits and healthy capital levels, a troubling surge in office loan defaults to 11% reveals a banking system grappling with the hidden costs of remote work and changing commercial real estate values.

The Chancellor of the Exchequer, Rachel Reeves, has laid out a budget that promises economic stability while pledging targeted investment to support growth sectors. At a time when businesses face unprecedented global and domestic challenges, this Autumn Budget aims to offer clarity and support. A headline feature of this year’s Autumn Budget is the decision […]

Misinformation has spread online following Hamas' surprise attack on Israel from Gaza and Israel’s response with air strikes, as the two sides continued to battle.