Aveni, the Edinburgh-based AI fintech, has released a new report warning that the UK financial services sector faces a “reality check” regarding artificial intelligence, highlighting a significant gap between executive ambition and operational readiness. The report, titled Transformation Nation: The AI Innovation Shift in Financial Services, draws on insights from senior leaders across wealth management, […]
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Wio Bank PJSC, the Abu Dhabi-headquartered digital financial platform, joined the NVIDIA Inception Program, becoming the first licensed bank in the Middle East to be part of the initiative. The program, designed by NVIDIA to support startups in accelerating innovation and growth, will provide Wio with access to cutting-edge developer resources and advanced training. The […]
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Fintech continues to wrestle with gaps in pay, progression and representation, despite years of conversation around inclusion. Nadia Edwards-Dashti, chief customer officer at financial services recruitment firm Harrington Starr, profiles the male leaders she believes are using their influence to support fairer, more inclusive workplaces. Nadia Edwards-Dashti, chief customer officer, Harrington Starr The inequities we […]
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Lloyds Banking Group has launched an ambitious initiative to upskill its entire workforce in artificial intelligence, targeting 100 per cent AI literacy by the end of 2026. To achieve this, the group is launching the AI Academy, a comprehensive training programme open to all 67,000 employees, regardless of their role or technical expertise. A practical […]
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GoHenry, the money app for children and teenagers, has released over 80 bite-sized money lessons on YouTube for free. The move is designed to support families across the UK and bridge the gap in financial education before it becomes a compulsory part of the primary school curriculum in 2028. While the UK Government committed last […]
Explore MoreMirae Asset Global Investments, the multinational asset manager with over $350billion in assets under management (AUM), has signed a Memorandum of Understanding (MoU) with Ctrl Alt to explore the tokenisation of funds in the UAE. The partnership aims to pioneer a framework for issuing and managing tokenised funds within the region’s existing regulatory structures. The […]
Explore MoreDigital banking technology provider audax Financial Technology is challenging traditional financial institutions to look beyond the balance sheet to secure their future in an increasingly integrated global economy. As banks struggle with low return on equity (ROE) and the weight of legacy systems, the evolution from being simple providers of capital to active mediators of […]
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Cross-border payment platform dLocal has partnered with global AI device company HONOR to facilitate local payment acceptance for the launch of HONOR’s inaugural website in Peru. The collaboration aims to bridge the gap between Peru’s rapidly expanding e-commerce market and the specific payment preferences of its consumers, many of whom remain underserved by international credit […]
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Nationwide Building Society, the world’s largest building society, has selected data and payments platform Moneyhub as its data enrichment and categorisation partner. The partnership will see Moneyhub’s AI-driven technology deployed to create new spending insights for all of Nationwide’s 16 million customers across the UK. Unlocking granular data Sri Kanisapakkam, chief data and analytics officer […]
Explore MoreElectronic data interchange (EDI), the long-standing standard for digital document exchange between businesses, is entering a new phase. While traditional EDI systems have reliably supported business processes for decades, they often suffer from slow processing speeds, rigid formats, and limited error-handling capabilities. The emergence of AI offers an opportunity to modernize these systems – making […]
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