Leaps and Bounds

Banks’ use of AI speeds up transactions

Artificial intelligence is already being used by banks and affecting the way they interact with customers.

"Using AI technologies in the banking system has led to significant changes and improvements… in fields such as security and fraud prevention, risk management and automatization of procedures," says Nikos Christodoulou, head of consulting services at Deloitte.

Embracing military tech innovation

The Greek armed forces are to link with local startups from which they can order advanced equipment and applications, according to draft legislation that will be opened to public consultation next week.

The goal is for the Ministry of Defense to initially invest up to €100 million in innovation over a three-year period through a company it will set up.