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Payoneer acquires Scott to double-down AI commitment

Fintech company Payoneer has announced the acquisition of Israel-based Spott, a data platform that uses AI to accurately surface, assess, and quantify data for...

TotallyMoney taps into AI to enhance consumer finance controls 

TotallyMoney is tapping into AI through selecting data intelligence platform Bud Financial (Bud) to power its new service which enables consumers with financial management.  The...

IRIS’ Tom Darnell calls on Financial Services to ‘harness AI-driven software’ 

Set to be implemented at the end of the month, the FCA Consumer Duty legislation is long overdue according to Tom Darnell, COO at...

NatWest: ‘We recognise AI as a threat that’s growing’

The payments industry, as we know it today, is divergent from what it was a decade ago. From decentralised finance to online banking, this...

London Fintech Week: ‘Commerce is going to look different in Web...

London Fintech Week provided a stage for the praising of Web 3.0 and its potential impact on global economies.  It comes amid digital transactions embarking...

Rishi Sunak: AI key to UK’s continued tech growth 

Opening London Tech week, Prime Minister Rishi Sunak described the UK as an Island of innovation, as he emphasised the country needs to continue...

Consumer protection key as CMA opens AI consultation

As AI continues to grow and is embraced at a rapid rate, the Competition and Markets Authority (CMA) has commenced  an initial review of...

Temenos integrates Ozone API’s software for ‘out of box’ compliance

Ozone API has announced that its software solution is available on Temenos Exchange’s partner ecosystem to help bolster compliance and regulation guidance. Temenos banking customers...

Jeremy Hunt: ‘UK has to win the AI race’ 

UK Chancellor Jeremy Hunt has dismissed fears over the growth of artificial intelligence in the country.  Speaking at POLITICO Tech UK event, Hunt emphasised that...

Ethical considerations need to be a fundamental part of AI strategies 

The relationship between banks and AI continues to evolve, with Jumio revealing that its power in financial services is only going to increase.  It comes...

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