JPMorgan Chase will not let outside AI agents access customer accounts and act for the customers, CEO Jamie Dimon said, CNBC reported. He gave the bank’s reasons on its third-quarter earnings call. The risks to the bank and its customers are too high, he said, as tech firms such as Meta release autonomous assistants.
Dimon told analysts that the bank will not let just any...
US-based Vertiv has deployed a direct-to-chip, high-density liquid cooling system at CapitaLand India Trust’s CLDC Mumbai 01 data centre. The facility is in Airoli, Navi Mumbai. The system will support 30 megawatts of AI workloads for a hyperscale customer.
Vertiv built the system with CapitaLand India Trust (CLINT), using its secondary fluid network (SFN) technology. The critical digital infrastructure company says it is India’s first...
Canadian banking giant CIBC is set to establish its global capability centre in Hyderabad, adding fresh momentum to the city’s fast-growing reputation as a...
Compliance and risk teams have emerged as the primary drivers of artificial intelligence investment across banking institutions in 2026, signaling a fundamental shift in...
Gujarat International Finance Tec-City Company Limited (GIFTCL) and ANSR Global Corporation have signed a strategic MoU to expand the Global Capability Centre (GCC) ecosystem...
Global investment management leader Vanguard has inaugurated its first Global Capability Centre (GCC) in Hyderabad, marking a major milestone in the company’s international expansion...
HSBC has announced the successful completion of a quantum computing pilot with IBM, reporting a 34% improvement in predicting bond trade execution compared to...
A major cyberattack targeting Vietnam’s National Credit Information Center (CIC) has raised concerns about financial data security, with authorities confirming signs of unauthorized access...
With financial services being a high-risk sector, the importance of security audits, regulatory frameworks, and evolving defense strategies has never been greater. In an...
EY has launched the EY.ai Agentic Platform, a cutting-edge AI-driven enterprise solution built in collaboration with NVIDIA. Designed to enhance tax, risk, and finance...
Patanjali Ayurved and Dharampal Satyapal Group (DS Group) have acquired a 98% stake in Magma General Insurance for ₹4,500 crore, marking a significant expansion...
PB Fintech Ltd., the parent company of insurance brokerage platform Policybazaar, has announced a ₹696 crore investment into its subsidiary PB Healthcare Services Pvt...
