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Morgan Stanley Expands OpenAI-Powered AI Tools Across Investment Banking and Trading Divisions
ChatGPT
1 min read

Morgan Stanley Expands OpenAI-Powered AI Tools Across Investment Banking and Trading Divisions

Morgan Stanley is expanding OpenAI-powered tools into investment banking, introducing AskResearchGPT to its institutional securities division. This move, designed to enhance productivity, enables faster insights from over 70,000 annual research reports.

Francesco Cardullo
Francesco Cardullo
7 months ago
Revolut Expands Its Reach with New Payment Terminal Targeting Larger Businesses
Revolut
3 min read

Revolut Expands Its Reach with New Payment Terminal Targeting Larger Businesses

Revolut is rolling out its new payment terminal in the UK and Ireland, targeting larger businesses. The device integrates with Revolut Pay, offering lower fees and advanced tools for merchants, while positioning the fintech to compete with Square and SumUp.

Francesco Cardullo
Francesco Cardullo
8 months ago
FCA Fines Starling Bank £29M (US$35M) for Lapses in Financial Crime Controls
Starling Bank
2 min read

FCA Fines Starling Bank £29M (US$35M) for Lapses in Financial Crime Controls

The FCA has fined Starling Bank US$35M for serious failings in its financial crime systems, including breaches in anti-money laundering and sanctions screening. The bank opened over 54,000 accounts for high-risk customers and failed to properly screen against financial sanctions since 2017.

Francesco Cardullo
Francesco Cardullo
8 months ago