Artificial Intelligence and Financial Services

AI Survey Report Reveals Top Trends in Financial Services

15 Feb 2024

The financial services industry is undergoing a transformation with the adoption of AI technologies. NVIDIA’s fourth annual State of AI in Financial Services Report provides insights into the current landscape and emerging trends for 2024. The report is based on a survey of over 400 financial services professionals — including executives, data scie...

Artificial Intelligence and Financial Services

AI accelerates AML processes across financial services

19 Jul 2022

Financial regulators across Europe continue to levy steep enforcement fines against banks for failures to comply with know-your-customer (KYC) and anti-money laundering (AML) regulations. At the end of 2021, the Financial Conduct Authority (FCA) fined two of the UK's largest banks, HSBC and NatWest, a total of £328.95 million ($436.1 million) for ...

How AI is powering the future of financial services

16 Jul 2021

Financial institutions are using AI-powered solutions to unlock revenue growth opportunities, minimise operating expenses, and automate manually intensive processes. Many in the financial services industry believe strongly in the potential of AI. A recent survey by NVIDIA of financial services professionals showed 83% of respondents agreeing that ...