New financial innovation service set to accelerate SME digital transformation

Bristol-based accelerator and research project, Future Finance, is launching a new initiative to drive digital transformation across UK financial firms— future-proofing their operations and fostering sector-wide innovation. The UK financial services industry is undergoing rapid transformation, with innovations such as AI, automation and data-driven decision-making reshaping the landscape. However, many smaller organisations struggle to identify and implement the right technologies to stay competitive. Not only does this hinder productivity in the sector, it’s also negatively impacting access to financial services for underserved communities. To address this challenge, Future Finance has launched the Innovation Adoption Consultancy, an opportunity that will provide financial services firms – across insurance, lending, and financial advice – with practical support and expert guidance to get started and successfully integrate transformative technologies. The programme will be largely led by newly appointed Abraham Mauleon Amieva, Senior Research Associate at Future Finance. Abraham will work alongside each individual business, using insights to identify barriers to adoption, creating tailored solutions to overcome them. Abraham said: “Innovation is not just about adopting the latest technology; it’s about fostering a culture of flexibility, change and forward-thinking. Businesses that embrace innovation strategically will not only remain competitive but will be far better […]

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