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This Week: KPMG/Volante Technologies, LiquidityBook, Northern Trust & more

A summary of the latest financial technology news.

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KPMG and Volante Technologies partner for cloud-based payments

KPMG has partnered with cloud payments provider Volante Technologies to offer financial institutions real-time payments. The solution, titled Clearing House RTP intends to to enable banks to conduct payments processes and operations at a faster pace.

The partnership will utilize Volante Technologies’ cloud-based offerings to provide banks with cloud-native payment solutions and could prepare banks for new instant payment schemes

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AI won’t stay in its risk category

For the first time, JP Morgan filed a form 10-K listing AI as a standalone risk factor—a sign of how banks are rethinking previously defined risk categories and their overall risk profile.

‘Vibe coding is burning us out’

Vibe coding is rapidly spreading throughout the capital markets, and some are unhappy about it, while others believe the genie is out of the bottle. Engineers spoken to for this story share some choice words—and several expletives—about this new form of coding.

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