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EU banks wary of US cloud, AI amid rising geopolitical tensions

EU pushing to develop native tech providers

Vaidik TrivedibyVaidik Trivedi
September 26, 2025
in Risk & Security
Reading Time: 4 mins read
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Many financial institutions across the pond are looking to reduce their reliance on U.S. tech providers as geopolitical tensions rise between the United States and European Union.  “With the developments over the last, let’s say, six months, being dependent on U.S. tech providers is a consideration,” Marnix van Stiphout, chief operations officer and chief transformation […]

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Tags: artificial intelligence (AI)cloudDonald TrumpEUNewsPremium
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