Tag Archives: UK finance

Lloyds study finds majority of UK adults use AI to budget, save, and plan finances—but trust concerns persist

(IN BRIEF) Lloyds Banking Group’s latest Consumer Digital Index reveals that personal finance is now the leading use of artificial intelligence in the UK, with 28.8 million adults using AI tools to manage money, save, and learn about financial planning. … Read the full press release

FCA Unveils Smart Data Accelerator and Two Open Finance TechSprints to Boost Financial Innovation and Inclusion

(IN BRIEF) The Financial Conduct Authority (FCA) has launched the Smart Data Accelerator, in collaboration with Raidiam, alongside two new TechSprints aimed at advancing open finance innovation in the UK. Building on the success of open banking, these initiatives will … Read the full press release

FCA Launches AI Supercharged Sandbox with NVIDIA to Boost Innovation Across Financial Sector

(IN BRIEF) The Financial Conduct Authority (FCA) has launched the Supercharged Sandbox, a new initiative aimed at helping financial services firms safely experiment with artificial intelligence during the early discovery and testing phases. Partnering with NVIDIA, the FCA will provide … Read the full press release