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Artificial Intelligence

Research from Finastra suggests the technology has moved from pilots to production
Both lenders have outlined plans to use the technology to boost efficiency and profits
The bank plans to scale agentic AI in 2026, targeting more than £100m in additional value
Survey finds 64% of firms are forming or considering tech governance panels
Evident research shows banks switching to rival providers
The UK regulator’s move follows criticism that the regulator has moved too slowly on AI
The Treasury has called for AI-specific stress tests to assess firms’ resilience
The move places investment in AI alongside payment systems and core risk controls
For decades, the best credit intelligence lived behind the walls of the biggest banks
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