Artificial intelligence (AI) and a UK-based quantum computer by 2035 to help drive innovation featured among the announcements made by the chancellor of the exchequer in his Autumn Statement today. Along with setting out economic priorities and the headline tax cuts announced, the government is also exploring the use of AI and other cutting-edge technologies,…
Generative artificial intelligence (GenAI) is expected to take over the jobs of three-quarters of current financial services executives, according to a survey. Following a survey of around 500 executives at major banks and insurance companies, FintechOS’s Generative artificial intelligence: the technology polarising the financial services industry report revealed that 73% of executives believe GenAI will “eventually”…
Visa is offering its customers artificial intelligence (AI) advisory services following the launch of an operation dedicated to the technology. As part of Visa Consulting and Analytics, the payments giant’s AI Advisory Practice will harness the skills and experience of 1000 experts across the world to provide customers with help to use AI to grow…
Visa wants to be at the forefront of the next phase of generative AI (GenAI) innovation through investment in tech startups that will apply the technology to payments and commerce. The financial services giant has launched a GenAI initiative that will see up to $100m invested in these startups. Visa said a new wave of…
