Tag: financial sector
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The Register: Bank of England expands data and cloud framework by £26.7 million after revising data strategy
Source URL: https://www.theregister.com/2025/06/25/bank_of_england_expands_data/ Source: The Register Title: Bank of England expands data and cloud framework by £26.7 million after revising data strategy Feedly Summary: Dependent on SAP and Oracle, UK central bank wants to modernize in the cloud, refresh data strategy The UK central bank is expecting a 45 percent hike in the maximum cost…
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Slashdot: Goldman Sachs Launches AI Assistant Firmwide, With 10,000 Employees Already Using It
Source URL: https://slashdot.org/story/25/06/24/006220/goldman-sachs-launches-ai-assistant-firmwide-with-10000-employees-already-using-it?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Goldman Sachs Launches AI Assistant Firmwide, With 10,000 Employees Already Using It Feedly Summary: AI Summary and Description: Yes Summary: Goldman Sachs has deployed a generative AI assistant to enhance productivity, significantly impacting workforce needs by reducing the demand for human labor in certain roles. This adoption hints at…
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Cloud Blog: From insight to action: M-Trends, agentic AI, and how we’re boosting defenders at RSAC 2025
Source URL: https://cloud.google.com/blog/products/identity-security/from-insight-to-action-m-trends-agentic-ai-and-how-were-boosting-defenders-at-rsac-2025/ Source: Cloud Blog Title: From insight to action: M-Trends, agentic AI, and how we’re boosting defenders at RSAC 2025 Feedly Summary: Cybersecurity is facing a unique moment, where AI-enhanced threat intelligence, products, and services are poised to give defenders an advantage over the threats they face that’s proven elusive — until now. …
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Slashdot: Bank of England Says AI Software Could Create Market Crisis For Profit
Source URL: https://slashdot.org/story/25/04/10/0652258/bank-of-england-says-ai-software-could-create-market-crisis-for-profit?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Bank of England Says AI Software Could Create Market Crisis For Profit Feedly Summary: AI Summary and Description: Yes Summary: The Bank of England has raised concerns about the risks associated with increasingly autonomous AI systems in financial markets. Such AI programs may exploit profit-making opportunities, potentially leading to…
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The Register: Sensitive financial files feared stolen from US bank watchdog
Source URL: https://www.theregister.com/2025/04/09/occ_bank_email_hack/ Source: The Register Title: Sensitive financial files feared stolen from US bank watchdog Feedly Summary: OCC mum on who broke into email, but Treasury fingered China in similar hack months ago A US banking regulator fears sensitive financial oversight data was stolen from its IT systems in what’s been described as “a…
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Slashdot: Hackers Strike Australia’s Largest Pension Funds in Coordinated Attacks
Source URL: https://it.slashdot.org/story/25/04/04/174220/hackers-strike-australias-largest-pension-funds-in-coordinated-attacks?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Hackers Strike Australia’s Largest Pension Funds in Coordinated Attacks Feedly Summary: AI Summary and Description: Yes Summary: The text highlights a significant cyber security incident involving coordinated attacks on Australia’s pension funds, resulting in the theft of savings and the compromise of over 20,000 accounts. This incident underscores the…
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Hacker News: Luthor (YC F24) Is Hiring Ruby on Rails Engineers in San Francisco
Source URL: https://www.ycombinator.com/companies/luthor/jobs/HKrdhp0-staff-senior-software-engineer-backend-fullstack Source: Hacker News Title: Luthor (YC F24) Is Hiring Ruby on Rails Engineers in San Francisco Feedly Summary: Comments AI Summary and Description: Yes Summary: The text details Luthor, a company developing AI-driven marketing compliance solutions tailored for regulated industries such as fintech. By automating compliance-related approvals, Luthor aims to enhance efficiency…
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Hacker News: Putting Andrew Ng’s OCR models to the test
Source URL: https://www.runpulse.com/blog/putting-andrew-ngs-ocr-models-to-the-test Source: Hacker News Title: Putting Andrew Ng’s OCR models to the test Feedly Summary: Comments AI Summary and Description: Yes Summary: The text discusses the launch of a new document extraction service by Andrew Ng, highlighting significant challenges with accuracy in processing complex financial statements using current LLM-based models. These challenges underscore…