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Artificial Intelligence and Financial Services

Artificial Intelligence and Financial Services

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

EUDI2 adopts the best technical elements of SSI 

There may still be some confusion about SSI versus EUDI2. So wtih the help of ChatGPT: 1. What SSI (Self-Sovereign Identity) means Originally, SSI emerged as a philosophy + technical stack: individuals should fully control their digital identities without relying on central intermediaries. Technically, SSI often refers to decentraliz

/ai /identity

Prasoon Mukherjee

Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank

AI’s Diminishing Returns : The Financial Industry’s Over Reliance Trap

“I find it hard to see, how there can be a good return on investment given, the current math.” This warning about AI infrastructure economics is not just for tech investors, but it has a direct bearing on banking and financial services, where the current wave of AI adoption risks building systemic fragility under the banner of innovation. Unlike th...

/ai /predictions

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

About EUDI in relation to DID - and DIIP

1. Governance First, Tech Second The EU Digital Identity Wallet (EUDI) is based on regulated trust frameworks: Member States, Qualified Trust Service Providers (QTSPs), and regulated conformity assessment bodies. DIDs, by design, are decentralized identifiers without a single root of trust. The EU didn’t want identifiers that anyone could spi

/ai /identity

Boris Diakonov

Boris Diakonov Co CEO, Co-founder at ANNA Money, the business account that does taxes

Is tax compliance the next big opportunity in financial technology?

The financial technology sector is buzzing with new energy, particularly in addressing real challenges for small businesses. Starling Bank’s recent acquisition of Ember, a tax and bookkeeping platform, is a notable move that highlights the growing focus on tax compliance solutions. It’s encouraging to see more players recognising the potential

/ai

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

How does Metaverse connect AI-agents

Love this. Especially now that we must understand that only a rapid deployment of organisation wallets by public sectors and enterprises (EUBW) will lead to wallet usage by citizens. And this will enable deployment of AI-agents - a massive productivity improvement - and real metaverse progress. ChatGPT said: Great question — this is actually wh...

/ai /identity

Erica Andersen

Erica Andersen Marketing at smartR AI

The AI Mirage: Turning Financial Innovation from Dream to Reality

The shimmering promise of Artificial Intelligence in finance is a siren song, whispering of fortunes to be made. Faster trades, smarter investments, ironclad risk management, and seamless compliance – the narrative is intoxicating. We've all heard it. The potential to reshape the financial landscape is undeniable. Yet, the reality often falls sho

/ai /predictions

Viacheslav Kostin

Viacheslav Kostin CEO at WislaCode Solutions

AI is not the real hurdle! Where fintech innovation truly gets stuck

If you read the headlines, you’d think artificial intelligence is the only story in fintech. Banks and fintechs alike feel pressured to showcase their AI credentials, even when the use cases are thin. But let’s be honest: AI is not the real hurdle. The biggest challenges in fintech innovation are far more structural and harder to solve. 1. The tra...

/ai /predictions

Sergio Artimenia

Sergio Artimenia CEO at Geomotiv

AI hype-to-reality gap is rattling investors

American stock markets slipped this week after the Financial Times highlighted findings from a new Massachusetts Institute of Technology (MIT) report on artificial intelligence (AI) adoption. The study paints a sobering picture: U.S. businesses have poured an estimated $40 billion into AI initiatives, yet only 5% of companies report any measurabl...

/ai /predictions

Erica Andersen

Erica Andersen Marketing at smartR AI

Data to Action: AI-Driven Value for Financial Institutions

Are you drowning in dashboards but starving for insights? Financial institutions, from trading desks to portfolio management teams, invest heavily in data infrastructure. Yet, many struggle to connect this wealth of information to tangible business outcomes, particularly in today's volatile markets. The reality is clear: most financial institutio

/ai /regulation

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

The big picture keeps getting bigger – all the way to Quantum-safe Trust Infrastructure

I began posting here years ago about payment automation and e-banking. Then about interconnecting bank customers with e-ID, e-signing, e-invoicing and e-salary. Next came mobile banking followed by the establishment of Mobey Forum in 2000. Teamwork and networking around these innovations raised productivity and service levels quite considerably for...

/ai /identity

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