How the UK is forging the future of fintech

The UK has long had a reputation as a financial powerhouse, built on centuries of trust and international networks. And in recent years, the nation has evolved into one of the world’s most forward-thinking fintech hubs, contributing an estimated £11 billion, and over 76,000 jobs, within the UK economy.

As the AI era brings new opportunities like AI-powered fraud detection and algorithmic and quantitative trading, the country is well-positioned to use its deep financial technology expertise to create the blueprint for the future of financial services. AI can help lower costs, thereby driving faster product and service innovation.

To fully understand how the UK can use technology to continue its fintech leadership, we must delve into the factors that have driven its success thus far.