Bank of Nova Scotia will dismiss 3% of its employees and take a writedown on its investment in a Chinese bank in a broad restructuring that underscores new Chief Executive Officer Scott Thomson’s focus on cutting costs. The reductions amount to about 2,700 jobs, based on the Canadian bank’s staff count as of July 31.

Bank Innovation

04.06.2024

Podcast: AI prescription for banks | Bank Automation News

Financial institutions look to their tech providers to help them embrace new technologies, including AI. At cloud-based fintech nCino, Chief Industry Innovation Officer Anthony Morris works to identify technologies that banks need to implement to keep up with the “industry ahead of them,” he tells Bank Automation News on this episode of “The Buzz” podcast.

Bank Innovation

15.08.2024

Barclays, Amazon team up on card | Bank Automation News

London-based Barclays bank and Amazon have come together to launch a co-branded card in the United Kingdom: Amazon Barclaycard.

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NatWest taps AWS for AI banking tool | Bank Automation News

Scotiabank to cut 3% of staff as CEO Thomson plots new direction | Bank Automation News

Podcast: AI prescription for banks | Bank Automation News

Barclays, Amazon team up on card | Bank Automation News

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