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Two local authorities will use artificial intelligence (AI) to help bridge multi-million pound budget gaps.

Banks play a critical role in the financial system, providing everything from commercial loans to wealth management and payment processing services. Still, investors are uneasy as banks face challenges from credit quality concerns and potential regulatory changes. These doubts have certainly contributed to banking stocks’ recent underperformance – over the past six months, the industry’s…

Banks play a critical role in the financial system, providing everything from commercial loans to wealth management and payment processing services. But concerns about loan losses and tightening regulations have tempered enthusiasm, limiting the banking industry’s gains to 8% over the past six months. This return lagged the S&P 500’s 13% climb.

A report shows how criminal actors are lowering the barriers to entry with sophisticated services, without ethical constraints.