For firms operating in the insurance industry, transactional volumes and associated data is growing year-on-year. But managing this growth with spreadsheets presents an operational inefficiency as the industry continues to expand. This is worrying, with...

S&P Global announced the launch of S&P AI Benchmarks by Kensho. This innovative benchmarking solution assesses and ranks the quantitative reasoning abilities and expertise of large language models (LLMs) across the business and finance industry. The...

Soldo’s Spring Spend Index reveals the extent to which UK businesses are rushing to invest in AI in a bid to usher in a new era of technology-driven productivity. Based on Soldo’s data, since Q1 2023, AI investment has surged an astonishing 2.75x with com...

Ahmed Fessi, CIO at Medius, discusses the potential of AI in achieving peak financial performance.  One-third of European businesses have implemented Artificial Intelligence (AI) into their operations, recognising its potential to enhance productivity, ...

Michael Lengenfelder, Head of FP&A Product Management at Unit4, explores the emerging role of GenAI in FP&A, stressing the importance of pragmatic integration. While GenAI holds promise, Lengenfelder underscores the necessity of combining its...

“The union of Artificial Intelligence and financial compatibility could mould a revolutionary model for the future of dating in the UK,” said Jason Adler, Software Engineer at Repocket. Does this sound like a futuristic prediction? Not entirely. This i...

Kin + Carta has created a Generative AI and Large Language Model (LLM) tool for UK retailer Matalan, which allows it to create detailed product descriptions for new items as they are added to its online inventory.  Developed and delivered in only three...

At FICO World, a leading analytic and AI event, FICO announced that HSBC, one of the world’s largest banking and financial services organisations, has used AI-powered mathematical optimisation technology to grow its credit card portfolio. The project saw a 1...

Theia Insights, a UK-based deep tech start-up launched by former Amazon Alexa scientist and solo entrepreneur Dr Ye Tian, has raised US$6.5 million. In another example of US venture capital looking to the UK for the most innovative technology companies, the...

Torben Anderson, Director of Engineering at Pleo, dives into the realm of Generative AI and untangles its common misconceptions, presenting its positive role in the finance industry.  We saw that 2023 was a big year for Artificial Intelligence, as everyday ...

Delve into the transformative realm of AI-driven data analytics within fintech as industry experts dissect its potential benefits. From enhancing risk assessment and tailored product offerings to revolutionising SME financing, discover how this technology...

The UK’s Investment Association (IA) has warned investors about the risks of using ‘trading bots’ to make investment decisions. Speaking to the BBC John Allan, head of innovation and operations at the IA said investors should be more cautious about usi...