The number of UK financial institutions investing in artificial intelligence (AI) has doubled within a year, according to Lloyds Bank’s ninth annual Financial Institutions Sentiment Survey.  Almost two-thirds (63%) of respondents are investing in the emerging technology, up from one third (32%) in 2023. 

Glia, the leader in customer interaction technology, announced the launch of its Unified Interactions Index Calculator today, providing a seamless, guided digital process for financial services companies to benchmark themselves against over 500 peer companies.

With a rich history of over 200 years in the banking industry, Erste Group, a powerhouse in Eastern Europe’s financial services, has chosen to collaborate with Salt Edge, a leading open banking solutions provider. This strategic partnership, backed by the extensive expertise of both entities, is set to revolutionise multi-banking services in the CEE region. The aim is to bolster the multi-banking functionalities for Erste Group’s retail and corporate customers through the George banking app and the ErsteConnect API. 

Visa, a global leader in digital payments, is helping to bridge existing fiat currencies with blockchains through the Visa Tokenized Asset Platform (VTAP), a new product designed to help financial institutions issue and manage fiat-backed tokens on blockchain networks.

Akur8, the next generation insurance pricing and reserving solution powered by Transparent Machine Learning, is thrilled to announce its Title Sponsorship of InsureTech Connect (ITC) Vegas 2024 for the fifth year in a row.  ITC Vegas is the world’s largest insurtech event, taking place from October 15th through October 17th at the Mandalay Bay Resort in Las Vegas, NV.

JPMorganChase today announced plans to hire an additional 75 community managers by 2030 to provide greater access to banking, tools, and advice, and help customers get on a path to financial health and resilience.

Numerated, the leading AI-driven commercial lending platform, today announced its partnership with Alloy, the identity risk management company trusted by over 600 leading banks, credit unions and fintech companies, to deliver best-in-class fraud checks within commercial lending. This strategic partnership will supercharge Numerated's lending automation capabilities by combining cutting-edge risk management with advanced automation, providing unparalleled security and efficiency to financial institutions.

Fizz today announced the launch of the next evolution of its Money App, specifically designed to empower students in managing their finances and building a strong financial foundation. With the Fizz app, students can check their credit scores, gain personalized spending insights, and take engaging, swipeable financial courses—all for free.

CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced that it will play a significant role in two of the leading trade shows for insurtech,