Artificial Intelligence is Empowering Financial Experts, Not Replacing Them
When in 1950 mathematician Alan Turing asked ‘Can machines think?’ he
did not imagine that this question would trigger decades of research and
the rise of an entire new market. Yet, in 2014, Google invested US$400
million in artificial intelligence (AI) startup DeepMind. Although AI still
conserves an aura of otherworldly technology bound to take over pretty
much everything, a new trend is emerging which improves interactions
between humans and machines – augmented intelligence.
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Home » Articles » Artificial Intelligence is Empowering Financial Experts, Not Replacing Them
Artificial Intelligence is Empowering Financial Experts, Not Replacing Them
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According to KIS Finance’s financial survey, only 31% of adults in the UK could correctly identify what an APR (Annual Percentage Rate) is, including its purpose and how it should be used.
Even more worryingly - a massive 68% of credit card holders don’t know what an APR is, bearing in mind that the APR is undoubtedly one of the most important factors when comparing unsecured financial products like credit cards and personal loans.
West One loans founder and CEO of TAB Duncan Kreeger has launched a fractional ownership proposition, TAB APP. Investors, once the app is fully launched, will be able to invest in commercial and residential property in three clicks. Duncan has created a simple explainer video to make the complicated world of fractional ownership, rental yields […]
In order to resist the commoditisation of wealth management and counteract fee compression, many advisers are turning to providing holistic financial advice. Here, wealth managers are devising strategies to not only build wealth, but also to manage expenses, protect a client’s family, lifestyle and assets, plan income for now and in retirement, and determine how to pass wealth onto the next generation – all in a tax-effective manner.
2023 proved a challenging 12 months for the climate vertical, with private equity and grant funding for climate tech startups falling by over 40% compared to the previous year. However, in 2024 investment levels are set to increase, as accumulated public and private capital gets deployed and government support across various sectors ramps up.
Northern Ireland Minister for Communities Paul Givan MLA today officially opened three projects in the Waterside area of Londonderry funded by an investment totalling £800,806 by the Department.
New Financial Conduct Authority (FCA) rules will ban credit brokers from charging fees to customers, and from requesting customers' payment details for that purpose, unless they comply with new requirements.
The significance of critical assets and appliances in the day-to-day operations cannot be overstated, including HVAC systems, commercial laundry equipment and catering appliances. Here at JLA, we have outlined various strategies for funding critical assets, and assess the associated costs such as servicing, maintenance, energy consumption, and utilities to help you decide which option works […]
The latest figures from the European Fund and Asset Management Association (EFAMA) have revealed that long-term UCITS funds saw their largest net inflow for a quarter since 2006.
Whitbread PLC, the multinational hotel, coffee shop and restaurant company headquartered in Dunstable, has announced the appointment of Richard Baker as chairman with effect from 1 September 2014.
