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The FCA has launched a review into the implications of advanced AI on consumers, retail financial markets and regulators.

Aveni has launched Transformation Nation: The AI Innovation Shift in financial services, a new thought leadership report examining the practical adoption of artificial intelligence across the UK financial sector. Drawing on candid insights from senior leaders in wealth management, life insurance, an

Everyone is talking about it – but is AI really having an impact on how business is done in real estate? Scott Ritchie takes a look. I recently took part in a round table of developers, operators, funders, and industry bodies to discuss whether its effects were being felt in Scotland and the r

Visa has confirmed it remains on schedule to deliver secure, personalised AI-enabled commerce to consumers by early 2026, signalling a major evolution in online retail. This aligns with a significant shift in consumer behaviour, as new research indicates that nearly half of US shoppers now utilise A

Independent financial advisers Lonsdale Services has deployed Aveni Assist, an AI automation platform from AI Fintech Aveni, across its wealth management team, resulting in hundreds of hours saved each month and the ability to share information with customers quicker.   Lonsdale introduced Aven

The Financial Conduct Authority (FCA) is working with major firms to test Artificial Intelligence (AI) in a safe place to better understand the potential benefits and risks.

Scottish Widows has begun trialing new AI software which will enhance its advertising output, and ensure transparency and clarity for customers. The insurance, pensions and investments firm, which is part of Lloyds Banking Group, has just launched a six-month pilot with leading FinProm platform Adcl

A new wave of AI data centres across central Scotland, including a flagship project at Ravenscraig, could receive electricity discounts under measures announced yesterday by the UK Government’s AI Growth Zone team within the Department for Science, Innovation and Technology. DSIT highlighted S

The Financial Conduct Authority (FCA) is strengthening its international footprint by launching a strategic partnership on artificial intelligence (AI) with the Monetary Authority of Singapore (MAS).

Albania's AI minister is "pregnant" with 83 children, the Albanian prime minister has announced. Edi Rama appeared on stage with "Diella", the AI chatbot appointed as Albania's minister of state for artificial intelligence, at the Berlin Global Dialogue on Saturday.

Kathleen Stewart, who recently returned from Innovation Week in Prague, explores the application of artificial intelligence (AI) to drive innovation and support Scotland's rural and island economies. We recently led a delegation of ambitious businesses from across the Highlands and Islands to Innova

AI robotics firm Launchpad has raised $11 million (c. £8.2 million) in a Series A funding round to accelerate its expansion and technology development.

The International Monetary Fund and the Bank of England have become the latest major financial institutions to warn that the global stock market is at risk of a significant correction should investor enthusiasm for artificial intelligence cool. Speaking ahead of the IMF's annual meetings, chief Kris

HM Revenue & Customs' (HMRC) sophisticated "big data" system, known as Connect, has been credited with generating an additional £4.6 billion in tax revenue during the 2024-25 financial year. This figure, revealed in a freedom of information request made by Pinsent Masons, represents a 35%

Renewable energy developer Apatura plans to develop a £3.9 billion AI energy campus on the former Ravenscraig steelworks site, which could bring more than 2000 jobs to the area.