Mar 19
An interesting ‘use case’ for AI in Financial Services. ‘The US Securities and Exchange Commission (SEC) on Monday said that two investment advisors had agreed to pay hundreds of thousands of dollars in fines over false and misleading claims about their use of artificial intelligence (AI) technology. The firms, Delphia and Global Predictions, agreed to …
May 30
Metro Bank, one of the UK challenger banks, has just announced a deal to lend customer deposits through Zopa, one of the UK’s biggest peer-to-peer platforms. This is a significant in a number of reasonss. It is both the first British bank to lend through a peer-to-peer platform, and a major collaboration of challenger bank with …