Weekly transaction banking industry insight

1. AI's use in finance may need new rules, ECB says - Reuters

FRANKFURT, May 15 (Reuters) - The use of artificial intelligence in finance is still in its infancy but it needs to be monitored and possibly regulated to prevent harm to consumers and ensure the proper functioning of markets, the European Central Bank...

2. Gulf Bank launches its 2030 Environmental, Social, and Governance sustainability strategy - ZAWYA

Establishing a clear roadmap and structural plan for the next six yearsWaleed Khaled Mandani: The strategy reflects our commitment to achieving a sustainable future both within and beyond the bank...

3. Understanding the Relationship Between Treasuries and Inflation in Today's Economy - The Global Treasurer

Treasuries and inflation move in a complex partnership. Treasuries, the debt securities issued by governments to support spending, are closely watched barometers of economic health and investor sentiment...

4. Basel Committee publishes report on the digitalisation of finance - Finextra

The Basel Committee on Banking Supervision today published a report that considers the implications of the ongoing digitalisation of finance on banks and supervision..

5. European fintechs expect to grow business in next year - Finextra

Optimism is returning to Europe's fintech sector, suggests new research from MHP Group, which shows that more than three-quarters of firms expect their business to grow in the next 12 months...