Excerpt from The National Article, Published on August 19, 2025
AI in finance is rapidly becoming the backbone of financial services in the UAE, driving innovation from payments to compliance, according to Thomas Pramotedham, CEO of Presight AI. The Presight AI, a unit of G42, is spearheading efforts to develop sovereign AI platforms alongside the UAE Central Bank. These platforms focus on areas such as central bank digital currencies, real-time settlements, and open finance systems.
As financial flows increase, the demand for AI-centric risk and compliance platforms grows as well, highlighting the critical role AI plays in securing and optimizing financial ecosystems. Presight recently signed a collaboration agreement with Dow Jones Factiva to co-develop AI-powered tools for financial risk and compliance, tailored for banks, regulators, and sovereign bodies.
Trust remains foundational to the adoption of AI in finance. Just as consumers trust digital banking for instant money transfers, successful AI integration depends on confidence in the technology. The UAE is emerging as a global hub for AI in finance, with regional governments championing infrastructure built on sovereign AI to create safer and more transparent financial environments.
Presight reported an 80% year-on-year revenue increase in early 2025, driven by strong domestic demand and international growth. The company is doubling its focus on financial services and insurance, sectors pivotal to the UAE’s economy. With AI adoption expected to add billions to regional GDP by 2030, Presight’s leadership reflects a broader trajectory of AI transforming finance not just regionally but globally.
To delve deeper into this topic, read the full article on The National.
