Banking

GenAI to Boost UK Financial Sector Efficiency, Output by £41.7bn
Sector Insights GenAI to Boost UK Financial Sector Efficiency, Output by £41.7bn

A landmark study from AI advisory firm Fifty One Degrees has revealed transformative potential for the financial sector through generative AI (GenAI). Assessing 311 tasks within 14 key industry functions, researchers found that an impressive 85% could see significant enhancements from AI

Is the European Banking Sector Ready for Upcoming Challenges?
Finance Is the European Banking Sector Ready for Upcoming Challenges?

The European banking sector finds itself at a pivotal juncture, grappling with a suite of complex challenges such as economic instability and the rapid pace of technological change. In an environment marked by fierce competition and a demand for innovation, banks are under substantial pressure to

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