Artificial intelligence is already reshaping the financial sector with 75% of banking, pensions and other financial firms using AI, and another 10% planning to use it over the next three years. According to the second EY European Financial Services AI Survey, a significant 91% of UK financial firms have integrated artificial intelligence into the...
27 March 2025 /ai /regulation Outsourcing Banking, Financial Services Operations
Nine major banks and building societies operating in the UK accumulated at least 803 hours - the equivalent of 33 days - of tech outages in the past two years, figures published by a group of MPs show. This recent spate of outages in banking apps and services has resulted in a push from UK MPs, who are now demanding that banks and building societ...
24 March 2025 /security /cloud Data Management and Governance
Robin SouthallDirector of Customer Engagement at Lakeside Software
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