DEPLOYMENT · EU
SBS launches sovereign AI platform for core banking
French software firm SBS unveiled what it claims is the world's first sovereign AI platform purpose-built for banking, addressing EU data residency and regulatory compliance requirements.
WHY IT MATTERS
Sets template for EU banks to adopt AI without exposing customer data to non-EU cloud, reducing compliance friction and likely triggering similar products from competitors.
Source: Finextra · 2026-10-13