The highest perceived benefits are in data and analytical insights, anti-money laundering (AML) and combating fraud, and cybersecurity.
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The AI chatbot answers criteria queries instantly from internal staff, brokers and customers.
As part of International Fraud Awareness Week, Richard Wilson, chief credit and compliance officer at OSB Group, discusses the latest fraud trends currently sweeping the UK so that...
Firms are spending 65% of their time on business, compliance, and staff development needs and only 35% on client meetings, a study by tech platform Model Office - in association with...
Principality has successfully piloted Lender Connect with L&C.
57% say they’d like to enhance their compliance processes to use AI for the provision of suitable advice in the future.
The technology enables the Society to access real-time, fully categorised bank statement data.
Sam Oliver, founder of AI platform OpenFi, says that as the rate war intensifies, smaller and more agile brokers will need to embrace new technology to compete.
Bailey will oversee the network’s Revolution software for AR firms.
Stephen Simmons, CDO and co-founder at Sikoia, says AI will not replace the role of the broker, but will help them work smarter, reduce the risk of human errors, and give them more...