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...

Introducing this month’s question with insight into auto insurers, AI and data is Simon Axon, EMEA Financial Services Industry Consulting Director at Teradata.  Navigating a perilous road  It is a tough time to be in auto insurance. Historically, in...

Clearcover, a next-generation car insurance company, has announced the launch of its Generative AI solution that further digitises statement collection, significantly streamlining the insurance claims process and customer experience.  The AI-driven...

Available in the Klarna app, the assistant is designed to enhance the shopping and payments experience for Klarna’s 150 million consumers worldwide, capable of managing a range of tasks from multilingual customer service to managing refunds and returns and f...

Leaders from the technology industry have issued an urgent warning for the government to increase regulation and investment in Artificial Intelligence (AI) technology.   Speaking at the Parliamentary AI and FinTech Summit, which was hosted by Dean...

Revolut, a leading UK FinTech with more than 35 million customers worldwide, has announced the launch of an advanced scam detection feature to help protect customers from card scams.   Revolut’s new AI-scam feature uses sophisticated Machine Learning t...

Artificial Intelligence has not only transformed how people relate to technology but also significantly impacted the business sector. While some fear AI could replace 300 million full-time jobs in the next six years, companies across sectors continue...

Co-founded by Rohit Maroo and Satish Krishnaswamy, both ex-bankers (HDFC Bank), GRAVITY promises to unleash an era of hyper-personalisation in banking space. GRAVITY as a platform is a category first in banking industry. GRAVITY makes all the underlying...