Glasgow-based AI platform expands access to explainable AI for financial services

Glasgow, Scotland Aug 6, 2026 (Issuewire.com) - Founded by AI researcher Faisal Umar, the platform focuses on practical AI tools for financial crime detection, credit risk assessment, investment analysis, explainable decision support, and live forex analysis. A key feature of the platform is its emphasis on transparency, allowing users to understand the factors behind AI-generated predictions and decisions.

The platform has also been applied in several real-world projects, including AI systems for inventory management, reporting, and fraud detection. These deployments have helped organisations improve reporting accuracy, reduce manual work, and strengthen operational controls. Fasai.uk is supported by peer-reviewed research. Faisal Umar is the first author of two IEEE conference papers and three peer-reviewed journal publications covering artificial intelligence, financial crime prevention, FinTech, and financial market innovation.

In 2026, Fasai.uk was selected to participate in the Global FinTech Hackcelerator, a programme of the Singapore FinTech Festival organised by the Monetary Authority of Singapore and the Global FinTech Network. Commenting on the milestone, Faisal Umar said: Fasai.uk was created to make explainable AI more accessible to organisations that want to use AI responsibly. My aim is to develop practical tools that help users understand how AI reaches its conclusions, rather than simply providing predictions without explanation.

The platform is currently in active beta with more than 20 registered users. Additional information is available at fasai.uk, and the projects open-source repositories are available on GitHub.