News

Hey Digital Banking Fanatic! Big news from Revolut—they’re expanding services for Ukrainians 🇺🇦 and launching a special edition Clear Sky card to support Ukraine! Now, Ukrainian residents can seamlessly open a European Revolut account, send instant, fee-free P2P transfers, and access virtual and physical debit cards. Revolut has teamed

Hey Digital Banking Fanatic!  GenAI is shaking up the banking world, but the real challenge? Proving it’s worth the investment. NTT DATA’s latest report reveals a major divide—half of banks see GenAI as a tool for boosting productivity, while the other half expect it to slash costs.

Hey Digital Banking Fanatic! Crypto execs are storming Capitol Hill, this time with the political winds in their favor. The debate over “Operation Chokepoint 2.0” is reaching new heights, as industry leaders argue that financial regulators under the Biden administration systematically debanked crypto firms and political adversaries. With Trump

Hey Digital Banking Fanatic! The Federal Deposit Insurance Corp. (FDIC) has released a treasure trove of documents revealing its oversight of U.S. banks dealing with cryptocurrency. These letters, sent to over 24 financial institutions, highlight the regulator’s efforts to ensure crypto activities align with safety and soundness standards.

Hey Digital Banking Fanatic! Generative AI is set to revolutionize banking, with institutions shifting from pilot programs to enterprise-wide strategies. IBM’s latest study reveals that while only 8% of banks systematically used Gen AI in 2024, adoption is expected to soar this year as banks refine their strategic approach.

Hey Digital Banking Fanatic! Lombard Odier is stepping into the future of banking with MongoDB! The Swiss private bank has partnered with MongoDB to modernize its core banking technology, using generative AI to accelerate system upgrades and enhance digital experiences for its clients. The collaboration has reduced technical complexity, cutting