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Acorns acquires Frich Money, adding Gen Z focus to its financial services platform.
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Yield Watch
BofA Adds 4,000 Staff to Fix AI-Found Security Flaws
Yield Watch — Oct 22, 2026
Convera adds four new senior executives
Yield Watch — Oct 21, 2026
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Yield Watch — Oct 20, 2026
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All Post
BofA Adds 4,000 Staff to Fix AI-Found Security Flaws
by Farah Diana · Oct 22, 2026
Bank of America adds 4,000 staff to address security flaws found by AI models. The bank deploys 1,000...
Convera adds four new senior executives
by Aisyah Zainal · Oct 21, 2026
Convera adds four new senior executives to its leadership roster, including a chief technology officer.
Banks grapple with AI agents reshaping customer loyalty
by Aisyah Zainal · Oct 20, 2026
Banks face challenges as AI agents may undermine customer loyalty by redirecting deposits to higher-yield accounts, raising security...
SEB pays 33 million penalty to regulator
by Farah Diana · Oct 19, 2026
SEB pays $33 million penalty to regulator for alleged anti-money laundering breaches.
Acorns acquires Frich Money adds Gen Z focus
by Nur F · Oct 17, 2026
Acorns acquires Frich Money, adding Gen Z focus to its financial services platform.
Mistry warns banks risk becoming mere infrastructure by 2032
by Farah Diana · Oct 16, 2026
Dharmesh Mistry warns banks risk becoming mere infrastructure by 2032, predicting a shift in market dominance by the...
UK banks face hidden AI risks from lack of control
by Aisyah Zainal · Oct 15, 2026
UK banks accelerating AI adoption face hidden risks as many lack full control over AI systems driving fraud...
Bank of America fined 1 billion dollars
by Nur F · Oct 14, 2026
Bank of America fined $1.21 billion for suspected anti-money laundering breaches and sanctions regulations failures.
Crédit Agricole enters German retail market
by Nur F · Oct 13, 2026
Crédit Agricole enters German retail market with a new digital bank and acquisition of IKB Deutsche Industriebank.
Lloyds appoints Jane Gilmour as new CTO
by Nur F · Oct 12, 2026
Lloyds Banking Group appoints Jane Gilmour as new chief technology officer, leveraging her tech leadership background.