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‘The clock is ticking’ – ECB calls in banks over Mythos risks

May 25th 2026

The European Central Bank has called in banks for a meeting this week to urge them to speed up their efforts to fix IT issues exposed by new AI models.

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‘The clock is ticking’ – ECB calls in banks over Mythos risks

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Italian state lender to raise stake in Nexi

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Mastercard asks Brazilian payment processors to split Will losses

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TD builds AI model to speed up mortgage applications

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Wealthtech Farther raises $150m

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SoFi buys lending tech platform Peach

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UK parliament receives Financial Services bill

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Standard Chartered backtracks on ‘lower value human capital’ comments

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Centenary Group and Huawei partner for banking inclusion project in Uganda

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EBAday 2026 Fintech Zone unveils 16 finalists set to pitch in Copenhagen

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EC consults on whether MiCA crypto rules need revamp

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Revenue and profits slip at Starling

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Klarna plugs merchant network into ChatGPT

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National Bank of Canada leads $25 million Series C extension in Sardine

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AllUnity preps Swedish krona-backed stablecoin

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AI set to automate up to 50% of tasks in most financial services roles

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Fintech Yotta fined $1 million for Synapse deception

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Mercury raises $200 million

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Trump asks Fed to explore giving fintechs access to payment rails

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Chase launches digital bank in Germany

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