Autumn Statement reveals more AI and quantum initiatives

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,…

Three-quarters of finance executives expect generative AI to replace them

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 launches artificial intelligence advisory service

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…

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