Alexandra Mousavizadeh stories
Banks reveal increased AI usage in response to shareholder demand
2 days ago
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cba
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nab
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linkedin
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.
UK banks lead AI talent hiring surge as Europe catches up
Tue, 16th Jul 2024
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hsbc
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credit suisse
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evident
UK and European banks ramp up AI recruitment to boost workforce productivity, with a 12% rise in AI roles in UK banks and Deutsche Bank and Santander leading efforts.
Banks accelerate AI innovation with surge in new patents & investments
Thu, 11th Apr 2024
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ai
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patents
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banking industry
The banking industry is seeing a significant acceleration in AI innovation, with a rise in new patents and research publications.
European banks' AI start-up investments soar in 2023
Wed, 27th Mar 2024
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ai
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evident
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banking
Despite a global downturn in AI start-up investments, banks marked a 45% surge in 2023, with emphasis on bolstering regional AI capabilities.
Banks dedicate more resources to responsible AI but clarity lags behind
Mon, 18th Dec 2023
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partner programmes
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banking industry
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nab
Banks are dedicating more resources to responsible artificial intelligence, with a 43% staffing increase, but only six clarify their approach.
No evidence of responsible AI in world's largest banks
Tue, 28th Mar 2023
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fintechs
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risk & compliance
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ai
Banks across North America and Europe are failing to publicly report on their approaches to responsible AI development.