Sean Forward UK CEO at payabl.
Open Banking users just hit 10 million in the UK. Despite a slow start, adoption is steadily increasing, showing a reasonable rise in both users and transactions. But given its much-anticipated potential, shouldn’t we expect more? The cost-effective payment rails help balance out rising costs, and access to data to boost the consumer experience – ...
08 August 2024 /payments
Ashish Pandey Marketing Head at RichestSoft
Average app development costs in the UK range from £15,700 to £198,180+ ($20,000 to $250,000+). Basic apps cost £23,783 – £47,560, moderate apps £47,560 – £95,130, complex apps £95,130 – £158,550, and advanced apps £158,550 – £198,180+. Detailed Cost to Develop an App in UK Developing an app can be an exciting venture, but determining t...
07 August 2024 /startups Business Knowledge for IT
Susie MacKenzie Head of Legal and Regulatory Analysis at Corlytics
Growing focus on AI regulation The digitisation of society and industry continues to accelerate at an unprecedented rate. AI is opening the door to advances right across society, from healthcare to agriculture. Financial institutions are integrating and exploring AI models across the board, in areas such as cybersecurity, risk management and AML p...
06 August 2024 /ai /regulation
Brandon Spear CEO at TreviPay
In a growing digital economy, geographical boundaries aren’t a barrier anymore which intensifies competition. For companies ready to take on the challenge of global expansion, a powerful and secure e-commerce platform is essential. With 80% of B2B sales interactions projected to shift online by 2025, the race is on to streamline digital channels ...
06 August 2024 /payments /predictions Payments strategies 2015-2020-2030
How Much Does it Cost to Build an AI System? Building an AI system can be a transformative move for businesses. However, it involves various costs that can vary greatly depending on the type of business and the complexity of the AI system. As per my research and experience, I will break down the costs involved in building an AI system for dif
06 August 2024 /ai Artificial Intelligence
Julia Khandoshko CEO at Mind Money
The topic of large-cap stock growth remains highly relevant in the market this July, especially with the upcoming US elections. Shares of the world's largest technology companies have significantly boosted the S&P 500 index in the first half of the year. The main questions are whether this trend will continue and, if so, are large-cap stocks ...
06 August 2024 /markets /predictions Capital Markets Technology
Indra Chourasia Industry Advisor at Tata Consultancy Services (TCS)
The multi-speed growth pattern of Sustainable Investing Amid a volatile investment ecosystem fraught with economic fragility, and geopolitical fragmentation, sustainable investing exhibits signs of resilience with the continued growth of ESG assets globally. Following a phase of brisk growth observed during 2016-2020, ESG assets attained a size of...
06 August 2024 /wealth /sustainable
Gabriel Hopkins Chief Product Officer at Ripjar
Through complex algorithms, Generative AI (GenAI) has been reshaping how we create content, including imagery, music, text, and video; greatly simplifying data processing and task performance. This technological advance not only saves time, effort, and money but is also a game-changer in enhancing operational efficiency and fostering innovation ac...
05 August 2024 /ai /regulation Exposing Financial Crime
Henrik Grim CEO and Co-founder at Mimo
With Keir Starmer’s feet firmly planted under the Cabinet table, one of his first focuses will be on boosting growth. That six-letter word will be the driving force behind his achievements in Number 10, and at the heart of his economic success must be the UK’s small businesses and the fintech sector. According to the Federation of Small Business, ...
05 August 2024 /payments /startups UK Faster Payments
Grigorii Alekseev Software Development Engineer at Revolut
When it comes to backend development in the fintech sector, Java remains a popular choice due to its robust ecosystem and extensive library support. For professionals managing high-stakes financial systems, ensuring Java apps perform optimally is a fundamental task. These systems must handle large volumes of transactions swiftly and accurately to ...
05 August 2024 /inclusion Fintech
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