Claire Woffenden

2 weeks ago | thefintechtimes.com | Claire Woffenden

For years, digital transformation in banking was about moving services online, making transactions faster, automating back-end processes and improving the customer experience. But the next phase isn’t just about being digital. It’s about being AI-driven. That shift isn’t just about chatbots handling customer queries or AI helping detect fraud. AI is being embedded into the core of financial services, shaping how decisions are made, how risks are managed and even how banks themselves operate.

1 month ago | thefintechtimes.com | Claire Woffenden

LEAP 2025 showcased Saudi Arabia’s commitment to financial technology and digital transformation, playing host to experts and organisations sharing their latest accomplishments and innovative ideas. One conversation that stood out to us was with Mark Dickinson, chief technology officer, Neo Space Group (NSG).

2 months ago | thefintechtimes.com | Claire Woffenden

Recognition for your achievements is always gratifying, but applying for industry awards can be a time-consuming process. Is it really worth the effort? The short answer: yes. Winning an award can elevate your brand, position your business as an industry leader, and open doors to new opportunities. It’s also a fantastic morale booster that brings pride to your entire team. However, not all awards are created equal, so it’s essential to focus on the right ones.

2 months ago | thefintechtimes.com | Claire Woffenden

Online romance scams reach new levels of deceit with artificial intelligence (AI), turning hopeful hearts into targets for sophisticated fraud. According to theĀ Federal Trade Commission,Ā romance scams have caused losses of more than $1.14billion with the average loss per survivor is $2,000, making them the most expensive imposter scam out there.

2 months ago | thefintechtimes.com | Claire Woffenden

The Fintech Times Bi-Weekly News Roundup takes a look at the latest fintech stories from around the world on Tuesday 11 February 2025. Job movesThe Financial Technology Association has welcomed former National Credit Union Administration chairman Rodney Hood as the acting comptroller of the currency. The FTA says Hood brings a wealth of experience to the role, including a strong appreciation of the positive impact of financial innovation and bank-fintech partnerships.