This UK startup using AI for compliance just raised millions October 13, 2016 A UK tech startup which uses artificial intelligence to ensure compliance rules are followed by financial firms has raised millions of pounds from top investors. ComplyAdvantage has raised $8.2m (£6.7m) in a series A round of funding led by Balderton Capital to fuel expansion into the lucrative US market. The regulatory tech firm, or regtech (an offshoot of [...]
Movie-length games: new titles you can play in under three hours, including That Dragon, Cancer and Virginia October 12, 2016 These movie-length games pack an emotional punch but won't lead to you getting a messy divorce because you neglected your family to farm credits to pay for a new colour of rocket launcher. That Dragon, Cancer Platform: iOS That Dragon, Cancer is less a game than an interactive art installation about a grieving family coming to [...]
Watch out Spotify? Amazon’s music streaming service has arrived October 12, 2016 Amazon will give Spotify and Apple a run for their money in the world of music streaming with the launch of a long-rumoured streaming service. Amazon Music Unlimited will offer access to music for as little as $3.99 (£3.26) per month in the US and is incorporating the service into its Prime offering, which already gives customers a vast array [...]
The government needs a robot strategy October 12, 2016 The government needs a robot strategy to unpick the impact that artificial intelligence (AI) will have on society, including the loss of jobs, a group of leading MPs have warned. The UK's reputation as a world leader in the field of robotics and AI technology should position the UK as a leader in examining the social and [...]
The UK needs tech talent quickly and it doesn’t matter where it comes from (for now) October 11, 2016 The UK digital industry is one of the most successful in Europe. It now employs 1.6m people and contributes 10 per cent of GDP – that's the highest proportion of any country in the world. Crucially, tech has benefited hugely from a range of smart government interventions. The Tech Nation Visa Scheme; tax credits for research [...]
Make the most of the 24-hour Jubilee line with bars and restaurants including Duck and Waffle, Bar Italia and Hawker House… Or just have an office dinner party October 7, 2016 After almost two months of the Night Tube being available on the Central and Victoria lines, tonight is the Jubilee line's turn. The newest line on the London Underground (it launched in 1979), the silver service will now run tubes every 10 minutes between its Stanmore in the west and Stratford in the east. Admittedly, [...]
Paranoid about androids: Brits fear AI October 2, 2016 Brits are increasingly fearful of the impact robots could have on our society in the future. New research reveals over half of UK adults (58 per cent) are worried about the impact of robots, with two fifths (41 per cent) believing robots will destroy humanity as we know it. The survey, commissioned by Sky, echos [...]
Top tech firms have formed an AI supergroup to make sure robots are good September 29, 2016 The world's top tech firms, including Google's DeepMind, Facebook and Amazon, have formed the tech equivalent of a musical supergroup, joining forces to ensure the ethical development of artificial intelligence and "advance public understanding" of the technology which is increasingly working its way into our lives. The group, Partnership on AI, will connect academics, policy experts, and non-profits [...]
From server rooms to boardrooms: Cyber crime issues must become top priority for UK bosses September 29, 2016 Cyber crime is big business. Attacks can come from opportunists, commercial rivals, terrorist groups, bored teenagers, organised crime and nation states. The goal could be anything from online vandalism to data theft or destabilisation. Faced with such threats, a new industry has emerged promising an array of state-of-the-art systems to keep your data and commercial [...]
Return on equity for the top global investment banks is falling. Here’s how they’re dealing with it September 23, 2016 Delegates from firms making their way to Geneva next week for the 2016 financial services Sibos conference will undoubtedly have a lot on their minds. Over the past few years the industry has been facing challenges on many fronts: continued and increasing structural costs, fast-changing regulatory reform, conduct issues and capital requirements, to name but [...]