FRIL Innovation Call: Responsible AI in Financial Services
Fintech Scotland alongside University of Strathclyde, Scottish Enterprise and other partners, is inviting fintech innovators to join them in exploring the use of responsible AI in financial services.
From customer interactions to risk management and operational processes, AI presents significant opportunities to improve efficiency, decision-making and scalability as well as improve outcomes for millions of consumers.
This challenge is about finding new ways to support financial services organisations to adopt and use AI in a responsible manner, while navigating regulatory expectations.
You will get the opportunity to work with leading financial institutions, and regulators, gaining unique insight into real-world challenges.
In collaboration with industry leaders and regulators, the Financial Regulation Innovation Lab (FRIL) have identified key challenges and opportunities for proposition and product development.
What you will get:
- Work alongside leading UK financial services firms
- Pitch for up to £50,000 grant to develop your solution further
- Expand your network through connections with industry peers, regulators and academics
- Deeper understanding of the evolving regulatory landscape
- Test your solutions in a safe and de-risked environment and accelerate adoption by co-creating market-ready, compliant, and consumer-centric solutions
Applications close Friday 31st July – learn more and apply here.