Link FX And Time Machine Capital Squared (TMC2) Forge Strategic Partnership To Develop AI-Led Banking Platform

  • Artificial Intelligence , Banking
  • 14.10.2024 09:25 am

Link FX, following its recent investments and acquisitions,  announces the creation of a cutting-edge AI-driven platform that will transform the UK’s money services industry in a newly formed partnership with Time Machine Capital Squared (TMC2), an award-winning London-based AI lab specialising in cash management, payments, and foreign exchange services. 

Together, Link FX and TMC2 will develop an AI-led analysis and decision-making, integrated banking platform designed to address growing regulatory demands and the increasingly complex challenges in the financial services sector. Utilising TMC2’s patented AI technology, the platform will significantly reduce human intervention in key processes within Know Your Customer (KYC) and Anti-Money  Laundering (AML) compliance. The collaboration aims to set a new industry standard for efficiency,  regulatory compliance, and data integrity, creating a best-in-class solution for cash and foreign  exchange management 

Philip Walsh Founder of TMC2 commented. “We are thrilled about this groundbreaking partnership  with Link FX. Over the past decade our global patented AI solutions have revolutionised industries  and Link FX’s innovative approach to cash and foreign exchange management aligns perfectly with  our vision. This collaboration brings together two strong teams with deep expertise in financial  services and technology, and we are confident that our AI-led solution will transform the sector’s  ongoing challenges.” 

Adam Durrani MD and Owner at LinkFX concluded. “At Link FX, innovation is at the core of everything we do. Partnering with TMC2 accelerates our entry into a new era of opportunities. By  leveraging their proven AI technology, we are creating a platform that will enhance speed to market,  efficiency, and compliance in ways never seen before. We are also excited to showcase how this  partnership will deliver immense value to our customers, partner banks, and key suppliers.” 

 
 

Related News