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Within financial services there have been many innovations that have changed traditional banking over time, reimagining the way the industry operates, as well as the nature of jobs. The financial services industry has a history of using quantitative methods and algorithms to support decision making. These are a foundation of AI systems, and the industry…
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The FinTech industry has grown up and grown out. No longer made up of only start-ups, FinTech today is a host of seasoned companies that offer a broad array of financial services and operate on a global stage. Consumers like what they see. Adoption of FinTech services has moved steadily upward, from 16% in 2015,…
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According to the Pitchbook Data technology has the power to increase transparency and efficiency, reduce cost, and give the most vulnerable access to financial services. Society and businesses both stand to gain from these changes, as incumbents are challenged by the new wave of digital innovation. The UK has long been at the forefront of…