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      UK fintech Zempler Bank gets snapped up for less than half its previous valuation

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AI

  • Are Brexit Britain and Carney’s Canada a dream match?

    June 17, 2025

    As Carney balances political principles with market realities, post-tariff Canada could learn from Brexit Britain, writes Michael Martins.

  • Liquid Glass launch shows Apple is cautious on AI

    June 17, 2025

    Apple's headline 'liquid glass' announcement at WWDC shows the tech company is deliberately cautious on AI, writes Paul Armstrong.

  • Was Reeves’ Spending Review a fintech endorsement?

    June 14, 2025

    Rachel Reeves has promised to back UK fintech and in Labour’s inaugural Spending Review, she piled billions into the tech sector. The Chancellor handed the Department for Science, Innovation and Technology (DSIT) a hefty £16.5bn budget as she took the chop to other departments. DSIT’s expenditure limit is set to grow 7.4 per cent by [...]

  • SXSW London 2025: How will AI change the UK tech space?

    June 13, 2025

    Last week, City AM's Saskia Koopman attended SXSW London 2025, where she had the opportunity to speak to some of the world's leading figures in the tech space.

  • Will fintech banks survive falling interest rates?

    June 13, 2025

    Fintech lenders have accelerated their swing to profitability after interest rates spiked. The UK’s neobanks pocketed record revenues in the last 12 months. Revolut’s takings grew 72 per cent topping £3.1bn. Meanwhile Monzo’s revenue hit £1bn for the first time. But this came as interest rates maintained a post-financial crisis high of 5.25 per cent [...]

  • Banks have used AI for decades, but ChatGPT bias changes everything

    June 13, 2025

    Banks may have been using AI for decades, but ChatGPT and its in-built biases present a massive problem for the industry, writes Lewis Z Liu.

  • KPMG: The real AI bottleneck isn’t tech, it’s humans

    June 12, 2025

    The challenge with AI is no longer about whether the tech works, but whether the people and processes around it are ready, claimed business and tech leaders at KPMG’s panel at Viva Tech Paris. “We see the potential”, said Nicole Buttner, chief executive of Melantec and general secretary of Germany’s MPP party. “But it’s like [...]

  • Nvidia’s Jensen Huang: ‘Praise and promise are useless’ without UK AI infrastructure

    June 12, 2025

    “Praise and promise are completely useless” without AI infrastructure, Nvidia’s chief executive, Jensen Huang, told City AM when asked about the effusive comments he made on Britain’s AI capabilities just a couple of days prior. At London Tech Week on Monday, the tech heavyweight dubbed ‘AI godfather’ lauded the UK’s AI talent, but flagged a critical lack [...]

  • Law isn’t like other professions; misusing AI may put lawyers in jail

    June 12, 2025

    Lawyers were slapped with the reality that when AI goes wrong, they will be liable for it, and may face serious consequences

  • Darktrace: Most firms dangerously exposed to AI cyber threats

    June 11, 2025

    As artificial intelligence rapidly reshapes the cyber security landscape, many businesses remain dangerously under-prepared, missing foundational practices while rushing to adopt AI tools. At London Tech Week on Tuesday, top industry and government voices in the space warned that without getting the basics right, even the most advanced AI solutions won’t be enough. This announcement [...]

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