I’ve had a few things happen when making a payment. Sometimes to the wrong account; sometimes a fat finger 0; sometimes an issue with identifying the payee; etc. And the issue I run into is that the system does not accept questions about the payment I made. I cannot revoke a faster payment or a……

I’ve had a few things happen when making a payment. Sometimes to the wrong account; sometimes a fat finger 0; sometimes an issue with identifying the payee; etc. And the issue I run into is that the system does not accept questions about the payment I made. I cannot revoke a faster payment or a……

I’ve had a few things happen when making a payment. Sometimes to the wrong account; sometimes a fat finger 0; sometimes an issue with identifying the payee; etc. And the issue I run into is that the system does not accept questions about the payment I made. I cannot revoke a faster payment or a……

Things we’re reading today include … Citi Sees AI Displacing More Bank Jobs Than Any Other Sector (yahoo.com) Teens could lose bank accounts and driving licences for snubbing national service, Rishi Sunak says | The Independent Deutsche’s private bank cuts spending on external consultants by 70% (ft.com) Sainsbury’s sells banking arm to NatWest | Business……

NatWest Group Plc has agreed to acquire J Sainsbury Plc’s banking business as the British lender looks to seize more market share in retail banking. Britain’s second-largest grocer agreed to pay NatWest £125 million ($159 million) as part of the transaction, the companies said in a statement on Thursday. The deal will give NatWest a…

Morgan Stanley’s Jeff McMillan, head of firmwide artificial intelligence, is focused on developing and deploying AI throughout the operations of the $212 billion financial institution.  The New York-based FI  appointed McMillan to the newly created position March 14, he told Bank Automation News. McMillan previously served as chief data and analytics officer for eight years…

The UK has an election in July. The likely winner is the left-of-centre Labour Party, after 14 years of the righter wing Conservative Party. The new leader will be Sir Kier Starmer, a guy described as a “political robot”. Nevertheless, his party has created a burning platform to win votes. No, it’s not “stop the boats”……

I hadn’t heard of a mouse jiggler until today. What’s one of those? Well, it turns out they are a simple USB dongle or software download that makes it look like you’re using your computer because the mouse is constantly moving and clicking. Amazon recommends  this one … … and it costs just $5! So what?……

As the financial services industry is integrating AI in its offerings, consumers are becoming more accepting of the technology in day-to-day banking.  “AI has been around in financial services and banking for 20 years,” Scott Hofmann, chief revenue officer at GFT Americas, told Bank Automation News. “What’s changed the conversation is generative AI, which allows…

Managing cash flow, tapping into data-driven insights and accessing capital: Small businesses are looking to their bank partners to provide digital solutions to streamline access to data, insights and cash.  This has been “the No. 1 issue that small businesses have faced,” Matt Baker, board adviser at Uplinq, told Bank Automation News. Uplinq is a…