FCA's new “Supercharged Sandbox” allows banks to experiment with artificial intelligence tools, starting from October.
US-based chipmaker Nvidia is positioning itself as a major player in the AI revolution with record $44 billion revenue in Q1 2025.
The UK’s
Financial Conduct Authority (FCA)
announced today (Monday) it will partner with the chip-maker Nvidia (NASDAQ: NVDA) to establish a
testing environment where financial institutions can safely trial artificial
intelligence applications.
Although
several tech companies connected to the AI industry, such as Arm Holdings,
Imagination Technologies, and Graphcore, are based locally, the FCA ultimately
chose to partner with a U.S.-based firm.
The UK Financial Regulator
Launches AI Testing Program with Nvidia Partnership
The
program, dubbed the “Supercharged Sandbox,” will provide banks and
other financial firms with enhanced computing resources, technical guidance,
and regulatory oversight to accelerate their AI development efforts.
Applications are being accepted immediately, with testing scheduled to begin in
October.
The
collaboration addresses mounting pressure on financial institutions to adopt AI
technologies while navigating complex regulatory requirements and risk
management concerns. Many banks have struggled to deploy advanced AI tools due
to uncertainties around data privacy, fraud prevention, and compliance
obligations.
Jessica Rusu, Chief Data, Information and Intelligence Officer, Source: FCA
“This
collaboration will help those that want to test AI ideas but who lack the
capabilities to do so,” said Jessica Rusu, the FCA's chief data,
intelligence and information officer. “We'll help firms harness AI to
benefit our markets and consumers, while supporting economic growth.” She mentioned
the plans to start the program already
in April.
UK Financial Firms Can Now
Experiment with AI Tools
The
initiative targets companies in early-stage AI exploration, complementing an
existing live testing service for firms with more mature AI programs.
Participants will gain access to Nvidia's accelerated computing platform and AI
Enterprise Software suite through the regulatory framework.
“AI is
fundamentally reshaping the financial sector by automating processes, enhancing
data analysis, and improving decision-making,” added Dr. Jochen Papenbrock,
Nvidia's EMEA head of financial technology.
The sandbox
builds upon existing digital infrastructure provided by NayaOne, offering
enhanced computational power specifically designed for AI innovation. The FCA
indicated the program aligns with broader government objectives to support
economic growth through technological advancement.
In the
first quarter, Nvidia earned $44 billion, a record figure that, according to
the company’s CEO, was largely driven by AI.
Jochen Papenbrock, Nvidia's EMEA Head of Financial Technology
“Global
demand for NVIDIA's AI infrastructure is incredibly strong,” CEO Jensen Huang said
in a statement. “AI inference token generation has surged tenfold in just
one year, and as AI agents become mainstream, the demand for AI computing will
accelerate.”
Financial
institutions have faced particular challenges implementing generative AI tools,
with concerns over data security and the potential for AI-generated fraud
complicating deployment strategies. The regulatory sandbox model aims to
provide a controlled environment where these risks can be assessed and managed.
The
announcement comes as the FCA continues developing its AI
regulatory framework, having outlined its approach to AI oversight in
previous guidance documents. The regulator has emphasized its intention to rely
on existing regulatory structures rather than creating new AI-specific rules.
The UK’s
Financial Conduct Authority (FCA)
announced today (Monday) it will partner with the chip-maker Nvidia (NASDAQ: NVDA) to establish a
testing environment where financial institutions can safely trial artificial
intelligence applications.
Although
several tech companies connected to the AI industry, such as Arm Holdings,
Imagination Technologies, and Graphcore, are based locally, the FCA ultimately
chose to partner with a U.S.-based firm.
The UK Financial Regulator
Launches AI Testing Program with Nvidia Partnership
The
program, dubbed the “Supercharged Sandbox,” will provide banks and
other financial firms with enhanced computing resources, technical guidance,
and regulatory oversight to accelerate their AI development efforts.
Applications are being accepted immediately, with testing scheduled to begin in
October.
The
collaboration addresses mounting pressure on financial institutions to adopt AI
technologies while navigating complex regulatory requirements and risk
management concerns. Many banks have struggled to deploy advanced AI tools due
to uncertainties around data privacy, fraud prevention, and compliance
obligations.
Jessica Rusu, Chief Data, Information and Intelligence Officer, Source: FCA
“This
collaboration will help those that want to test AI ideas but who lack the
capabilities to do so,” said Jessica Rusu, the FCA's chief data,
intelligence and information officer. “We'll help firms harness AI to
benefit our markets and consumers, while supporting economic growth.” She mentioned
the plans to start the program already
in April.
UK Financial Firms Can Now
Experiment with AI Tools
The
initiative targets companies in early-stage AI exploration, complementing an
existing live testing service for firms with more mature AI programs.
Participants will gain access to Nvidia's accelerated computing platform and AI
Enterprise Software suite through the regulatory framework.
“AI is
fundamentally reshaping the financial sector by automating processes, enhancing
data analysis, and improving decision-making,” added Dr. Jochen Papenbrock,
Nvidia's EMEA head of financial technology.
The sandbox
builds upon existing digital infrastructure provided by NayaOne, offering
enhanced computational power specifically designed for AI innovation. The FCA
indicated the program aligns with broader government objectives to support
economic growth through technological advancement.
In the
first quarter, Nvidia earned $44 billion, a record figure that, according to
the company’s CEO, was largely driven by AI.
Jochen Papenbrock, Nvidia's EMEA Head of Financial Technology
“Global
demand for NVIDIA's AI infrastructure is incredibly strong,” CEO Jensen Huang said
in a statement. “AI inference token generation has surged tenfold in just
one year, and as AI agents become mainstream, the demand for AI computing will
accelerate.”
Financial
institutions have faced particular challenges implementing generative AI tools,
with concerns over data security and the potential for AI-generated fraud
complicating deployment strategies. The regulatory sandbox model aims to
provide a controlled environment where these risks can be assessed and managed.
The
announcement comes as the FCA continues developing its AI
regulatory framework, having outlined its approach to AI oversight in
previous guidance documents. The regulator has emphasized its intention to rely
on existing regulatory structures rather than creating new AI-specific rules.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
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We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
