Unit of Amazon, which specializes in cloud computing and is called Amazon Web Services (AWS), on Wednesday, September 11, announced its intention to invest 8 billion pounds ($10.45 billion) in the United Kingdom over the next five years.
The joint AI treaty is the next global move towards unifying national goals and values related to artificial intelligence, human rights and democracy.
The media reports that currently in the United Kingdom, the local payment regulator is abruptly cutting its compensation plan for victims of fraud.
Robinhood has announced the launch of a new stock lending offering for customers in the United Kingdom.
The Centre for Finance, Innovation and Technology (CFIT) has formed a group to combat financial crimes.
Lloyds Bank announced the start of a partnership with the artificial intelligence platform Cleareye.ai.
Currently, in the United Kingdom, according to media reports, hundreds of local financial institutions and fintech companies are making every possible effort to ensure that their activities comply with the new anti-fraud rules in the payment transaction area.
Revolut has signed secondary share sale agreements with investors.
In the United Kingdom, an increase in the inflation rate was recorded in July, which turned out to be lower than the preliminary expectations of experts interviewed by the media about the dynamic of this indicator and the forecast of the Bank of England.
Experts interviewed by the media predict that statistical data will be released this week, indicating an acceleration in the growth of inflation in the United Kingdom.
Digital bank Monzo, which is based in the United Kingdom, reported that the number of its customer base exceeded the 10 million mark.
Rohit Dhawan was appointed by Lloyds Banking Group as Director of AI (artificial intelligence) at the Group’s new AI Centre of Excellence, bringing together experts in Data Science, Behavioral Science, ML Engineering, Advanced Analytics and AI Ethics.
In the United Kingdom, the local government has canceled computer infrastructure projects worth 1.3 billion pounds ($1.7 billion).
The largest local financial institutions in the United Kingdom have started to cut costs.
The media reports that currently, the dominant point of view among experts is that shortly the Bank of England is highly likely to warn investors that they should not bet on launching the process of consistently cutting interest rates if its policymakers decide this week on a sharp lowering of the cost of borrowing.
The Fractile startup, which is based in the United Kingdom, reported that it managed to raise $15 million in seed funding.
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