Finance

Revolutionizing Finance: How IoT Shapes the Fintech Landscape
Sector Insights Revolutionizing Finance: How IoT Shapes the Fintech Landscape

The finance sector is undergoing a significant transformation, driven by the incursion of fintech and the Internet of Things (IoT). This integration heralds a new age of financial operations—one where services are far more automated, secure, and user-friendly. IoT is enabling this shift by

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 AI the Answer to Surge in Global Cybersecurity Threats?
Sector Insights Is AI the Answer to Surge in Global Cybersecurity Threats?

The surge in cyberattacks against key sectors like finance has become a critical concern. BlackBerry's report reveals an alarming rate of attacks—over a million within four months, specifically targeting the financial sector. The term "death by a thousand cuts" illustrates the relentless and

Is the Financial Sector Set for a Sustained Uptrend?
Sector Insights Is the Financial Sector Set for a Sustained Uptrend?

Recent market movements have breathed cautious optimism into the financial sector. Tuesday's trading session showed a mild yet steady increase, with the NYSE Financial Index and XLF both edging up by 0.3%. Contributing to the positive sentiment, U.S. housing starts exceeded expectations in

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