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Alexandra Mousavizadeh stories

European banks' AI start-up investments soar in 2023
Artificial Intelligence

European banks' AI start-up investments soar in 2023

Despite a global downturn in AI start-up investments, banks marked a 45% surge in 2023, with emphasis on bolstering regional AI capabilities.

By Shannon Williams • 3 min read • Wed, 27th Mar 2024

Global Stories

Alexandra Mousavizadeh stories

Banks reveal increased AI usage in response to shareholder demand
LinkedIn

Banks reveal increased AI usage in response to shareholder demand

Nearly one-third of the world's largest banks now disclose AI use cases and ROI, with UK banks like Barclays and NatWest tripling AI references over the past year.

By Catherine Knowles • 3 min read • Fri, 6th Sep 2024
Banks accelerate AI innovation with surge in new patents & investments
Artificial Intelligence

Banks accelerate AI innovation with surge in new patents & investments

The banking industry is seeing a significant acceleration in AI innovation, with a rise in new patents and research publications.

By Shannon Williams • 3 min read • Thu, 11th Apr 2024
Banks dedicate more resources to responsible AI but clarity lags behind
Partner Programmes

Banks dedicate more resources to responsible AI but clarity lags behind

Banks are dedicating more resources to responsible artificial intelligence, with a 43% staffing increase, but only six clarify their approach.

By Shannon Williams • 2 min read • Mon, 18th Dec 2023
No evidence of responsible AI in world's largest banks
Fintech

No evidence of responsible AI in world's largest banks

Banks across North America and Europe are failing to publicly report on their approaches to responsible AI development.

By Shannon Williams • 3 min read • Tue, 28th Mar 2023