Financial sector

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Multiverse and Muxunav drive a new generation of AI models for the financial sector

Multiverse Computing and Muxunav have closed a strategic alliance to design and launch a new family of Artificial Intelligence (AI) models aimed at the regulated financial sector and unattended commerce, keeping the focus on regulatory compliance and security.According to what Multiverse Computing has reported in a statement, the collaboration with...

5 minutos

CECA points out inflation and public debt as the main economic risk areas.

The general director of the employers' association CECA, Antonio Romero, has pointed out that, in the current economic context, inflation and high public debt have become the main risk areas for the economy.During his speech at the 'XVII Financial Meeting' organized by KPMG and 'Expansión', Romero explained that the geopolitical...

5 minutos
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Deutsche Bank strengthens its commitment to female leadership with Women in Banking Spain

Deutsche Bank has strengthened its alliance with Women in Banking Spain (WIB), the association dedicated to empowering female talent in the Spanish financial industry, thus consolidating its support for inclusion, a sense of belonging, professional development, and the promotion of women's leadership in the financial sector.This collaboration supports the common...

5 minutos
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The Government promotes a law to digitize and modernize the financial system

The Council of Ministers has given the green light to the bill that introduces changes in several regulations in order to advance the digitalization and modernization of the financial sector, and has decided to send the text to the General Courts for parliamentary processing.This initiative aims to align the Spanish...

5 minutos
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Emirates warns of "advanced" cyberattacks against its financial network

The authorities of the United Arab Emirates (UAE) have reported this Friday a series of "advanced" cyberattacks directed against various entities in the financial sector, incidents that would have been satisfactorily neutralized thanks to the action of the national cybersecurity system.According to the Emirati Cybersecurity Council, citing information disseminated by...

5 minutos
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José Ignacio Goirigolzarri, awarded the Asnef Prize in the Economic Field

The National Association of Financial Credit Establishments (Asnef) has awarded the "II Asnef Prize in the Economic Sphere" to José Ignacio Goirigolzarri, former president of Bankia and, in his last stage, also of CaixaBank, as the organization communicated this Friday.The distinction was presented to him by the deputy governor of...

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The global regulator warns that AI can aggravate risks in finance

The Financial Stability Board (FSB), an international financial supervisor, maintains that artificial intelligence has the potential to profoundly transform financial services and entities' business models, but also to amplify or introduce new risks into the system that must be identified and managed appropriately.In a report on best practices for the...

5 minutos

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