Nvidia has partnered with the U.K.'s financial watchdog, the FCA, to create the 'Supercharged Sandbox' for companies to experiment with AI in the financial services sector.
The sandbox offers improved data access, technical expertise, and regulatory support to aid financial firms in adopting AI for innovation.
AI is transforming the financial sector by automating processes, enhancing data analysis, and improving decision-making, leading to greater efficiency and risk management.
AI is seen as augmented intelligence that enhances human roles, paving the way for operational efficiencies in areas like fraud detection, compliance monitoring, and customer service analytics.