Smart Data Foundry

New research from Edinburgh’s Smart Data Foundry has revealed the significant impact of bank rate rises on consumer finances in Scotland.

📣 Welcome to the weekly Futurescot #Newsletter, keeping you up-to-date with news and analysis across the public #technology and #innovation sector. 🔹 This week 🔹 ▶ National Records of Scotland looks for digital delivery provider ▶Cyber and Fraud Centre - Scotland partners CyberFirst University Bursary ▶️Red Star: Revolutionising Fracture Care in NHS Scotland ▶️New interdisciplinary hub for #Glasgow ▶️Public sector and #financial data link-up ▶Mark Logan has stepped down as chief entrepreneurial  ▶ and more... 🔹 Share your thoughts in the comment section, and don't forget to share the newsletter with your colleagues!🔹 Have a story to share? Email them to our Editor - Kevin O'Sullivan - at Kevin@futurescot.com or DM us on X (@futurescot_news). Andrew Conkie | Glasgow City Innovation District | Research Data Scotland | Smart Data Foundry | Rui Cardoso | Layla Robinson (Theiner) |

We are thrilled to announce that David Tracy will be speaking at the NextGen AI Finextra event in London on 26 November. Don't miss this opportunity to hear insights from one of the leading voices in AI and financial technology. 📅 Save the Date: 26th November 📍 Location: London https://bit.ly/3A3DYrc Join us for a deep dive into the future of AI in the financial sector. See you there!

*** Breaking News *** We are excited to announce a new partnership with Research Data Scotland to enhance access to valuable public sector and financial data to drive meaningful research and insights for the good of society. The collaboration builds on our shared commitment to improving health, social well-being, and economic outcomes across Scotland and the UK. Find out more – https://bit.ly/4gYQ0CO Dougie Robb Magdalena Getler Bryn Coulthard

In further good news for the UK economy, overheads for SMBs have fallen for two quarters in a row according to Sage's Small Business Tracker. The report, compiled from data analysed by Cebr and our data science team, suggests this is largely down to falling fuel costs. Find out more from the Small Business Tracker at https://bit.ly/4eGi1gQ #dataforgood #smbs #ukeconomy @RuiCardoso | Jahez Khan

Read the latest blog post by Mairi Spowage on how Fraser of Allander Institute, in partnership with Smart Data Foundry, showcases indicators that can tell us how households are coping through the current economic times. https://bit.ly/3U38599 #researchforgood #FinancialImpact # dataforgood

During my first day in Edinburgh, I had the opportunity to hear from leading voices in the financial services sector—many of whom contributed to our Vision for Economic Growth #V4EG report. The report outlines what the UK financial services sector needs to grow across the UK. A personal highlight was hearing from innovative Scottish #FinTech firms like CreateFuture and Smart Data Foundry, who are driving collaboration between academia and business to strengthen Scotland’s financial services, especially in the FinTech space. A big thank you Scottish Financial Enterprise and Caroline Stevenson at Burness Paull LLP for hosting a wonderful dinner, bringing together key leaders from Edinburgh’s financial and professional services sector #FPS! 

Small businesses in Inverness saw the biggest rise in revenue growth in Scotland over the past two years, with a reported rise of over 15% according to Sage's Small Business Tracker, which is based on data analysed by Cebr and our data science team. The capital of the Highlands was eighth in the UK, followed closely by Perth (9th) with Bristol topping the chart with a huge rise of 46.7%. Find out more from the Small Business Tracker at https://bit.ly/3ZVb6vR. #dataforgood #smbs #inverness #ukeconomy

🎉 We can’t wait for the Open Banking Expo in London on 15-16th October! Come visit us at stand B7 in the Rise, created by Barclays zone. We’ll be showcasing aizle.ai your trusted partner for privacy-preserving synthetic data solutions. 🌐💡 Aizle helps financial institutions unlock the full potential of their data while ensuring it remains safe, secure, and anonymised. If you’re passionate about banking innovation, this is the place to be! Haven’t registered yet? No worries – grab 20% off your ticket with our special code: PARTNERG20 #syntheticdata #bankinginnovation #OpenBankingExpo #Fintech #DataInnovation

Britain’s small businesses are ‘thriving’ according to a new report released this week. Sage’s Small Business Tracker reveals #smbs reported an average 9.5% growth in profits in Q2 - the highest in two years - based on data from over 136,000 companies analysed by Cebr and our data science team. To read more findings from the Small Business Tracker, visit https://bit.ly/3ZIzJf6 #dataforgood #smbs #ukeconomy #resilience