Europe’s banking sector is about to get a tough lesson about efficiency. According to a new Morgan Stanley analysis reported by the Financial Times, more than 200,000 European banking jobs could vanish by 2030 as lenders lean into AI and shutter physical branches. That’s roughly 10% of the workforce at 35 major banks. The bloodletting…
By December 2025, AI adoption on Wall Street had moved past experiments inside large US banks and into everyday operations. Speaking at a Goldman Sachs financial-services conference in New York on 9 December, bank executives described AI—particularly generative AI—as an operational upgrade already lifting productivity across engineering, operations, and customer service. The same discussion also…
Fintech, regtech, and cybersecurity vendor, CSI has teamed with HuLoop, a provider of an AI-powered, no-code automation platform, to help banks improve efficiency. The partnership will present CSI’s NuPoint Core Banking System to financial institutions, and is designed to help companies manage accounts, transactions, and other banking operations. NuPoint customers will have access to HuLoop’s…
