" class="no-js "lang="en-US"> Humans + AI is the winning combo - Ranil Boteju - Lloyds Banking Group
Thursday, September 28, 2023

Breaking News

Helvetia chooses Qover as its insurtech to power pan-European automotive insurance Nucleus365’s Local Payouts facilitates local payments across 4 billion global bank accounts Nexi Group Recognized as an Adobe Gold-Level Technology Partner PayPal and financial super app Curve are partnering to enable users to use PayPal in brick-and-mortar stores. EXCLUSIVE: “Easy Banking For Happy Spending” – Ignacio Santos, Fazil in ‘The Fintech Magazine’ Stripe Tour Singapore introduces product innovations to help businesses expand globally and automate financial processes Economist Impact Research for Temenos Shows Banking is Becoming Byte-Sized with Rise of Embedded Finance South Africans Can Now Scan to Pay with Crypto Starling Bank sets the standard: Boosts interest rate to 3.25% for Personal and Joint current account balances Perenna raises $52 million in latest funding round to establish a new financial infrastructure in the UK Tune Insight Secures $3.4M as It Pushes the Boundaries from a Data Economy to a Secure Insight Economy Sharesies taps Māori fintech BlinkPay to pave the way for open banking Neo clears €10 billion as firms move to diversify banking partners NCR Announces Transformational Partnership and Investment in Clip Money Root Accelerates Expansion Plans After Invenfin Investment

September 7 2023

Humans + AI is the winning combo – Ranil Boteju – Lloyds Banking Group

Share this post:

Share on LinkedIn Share on WhatsApp

Ranil Boteju is the Group Chief Data and Analytics officer for Lloyds and is well placed to talk about the use of AI in banking. Here he offers some thoughtful, nuanced, and ultimately optimistic perspectives on how humans working with AI is a winning combination.

In this interesting conversation from the FF News studio, he talks to Ali Paterson about what Lloyds are doing to implement AI in line with their vision of “helping Britain prosper”. He assures us that AI presents a number of opportunities in the finance and insurance sector including helping to tackle fraud and increasing efficiency in the back office, automating mundane tasks and allowing staff to add more value than before.

There is some caution of course, around the ethical implications of this technology and about exposing generative AI to consumers without a human in the loop, at least until the guardrails are secure. Ultimately though this video should give you a good idea of where we’re heading.

People In This Post

Ranil Boteju

Ranil Boteju

Lloyds Bank

Companies In This Post

Lloyds Bank | Fintech Finance

Lloyds Bank
  1. Helvetia chooses Qover as its insurtech to power pan-European automotive insurance

    Insurtech

     Read more
  2. Nucleus365’s Local Payouts facilitates local payments across 4 billion global bank accounts

    News

     Read more
  3. Nexi Group Recognized as an Adobe Gold-Level Technology Partner

    Fintech

     Read more
  4. PayPal and financial super app Curve are partnering to enable users to use PayPal in brick-and-mortar stores.

    News

     Read more
  5. EXCLUSIVE: “Easy Banking For Happy Spending” – Ignacio Santos, Fazil in ‘The Fintech Magazine’

    The Fintech Magazine

     Read more
More On