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Artificial Intelligence and Financial Services
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Gabriel Hopkins Chief Product Officer at Ripjar
Just over a year ago, ChatGPT launched. The excitement, anxiety and optimism associated with the new AI shows little sign of abating. In November OpenAI CEO Sam Altman was removed from his position, only to return some days later. Rishi Sunak hosted world leaders at the UK’s AI Safety Summit, interviewing Elon Musk in front of gathering of world ...
14 December 2023 /regulation /crime
Steve Morgan Banking Industry Market Lead at Pegasystems
The transformative potential of generative AI for the banking sector was a subject we keenly explored earlier in the year. With the whirlwind advancements in the technology sector, six months can feel like a lifetime. It is worth taking a moment to look back and assess how generative AI has shaped and influenced the banking industry. The crux of ...
12 December 2023 /regulation /devops
Retired Member
The financial services industry faces constant change, from rapid technological advances to new regulations and evolving customer expectations. For financial services companies to succeed today, they need to strike a delicate balance between fostering innovation and cutting costs. Traditionally, firms used expensive third-party solutions to pinpoi...
11 December 2023 /regulation /cloud
Helen Child Founder at Open Banking Excellence
Artificial intelligence will have a seismic effect on financial services. McKinsey has predicted that AI could deliver a “value-creation opportunity of up to $20 trillion” for banks each year. Accenture also argued that 90% of all working hours in the banking industry will be “impacted” by large language models such as ChatGPT and predicted that ...
08 December 2023 /payments
Sanjeev Nargotra Senior Consultant at Tata Consultancy Services
Spoiler Alert: Expecting a geeky article to understand the complexities of GenAI, this piece is not for you. Almost blasphemous, not to mention Gen AI in office conversations, meetings, or formal gatherings these days. At the peril of being branded novice or naive, one may choose to have no opinion. Most organizations though have included Gen AI i...
07 December 2023
Chiara Gelmini Industry Principal Director - Customer Risk & DD at Pegasystems
The two challenges everyone experience and the two answers you have been looking for in financial crime management The financial industry is under constant scrutiny from regulatory bodies, pushing for rigorous compliance with Know Your Customer (KYC), Anti-Money Laundering (AML), and Anti-Financial Crime (AFC) regulations. As we all know, these reg...
01 December 2023 /regulation /crime
Shailendra Malik SVP - Tech Delivery (Data Platform) at DBS Bank
In the fast-paced world of project management, staying ahead of timelines and ensuring seamless collaboration among team members is crucial. With the advent of Language Model (LLM) and Artificial Intelligence (AI) technologies, project managers now have powerful tools to streamline project tracking tasks. Let us explore how project managers can l
01 December 2023 /security /predictions
Leslie Kanthan CEO at TurinTech
Artificial Intelligence (AI) and generative AI continue to make headlines. As Chat GPT marks its first birthday, the technology behind it, Large Language Models (LLMs), continue to show a wide range of applications and have shown promising results across a variety of use cases and industries. For instance, McKinsey reports that the productivity ...
30 November 2023 /inclusion /predictions
Eldad Tamir Founder and CEO at FINQ
Historically a specialized sector, its expansion has been remarkable post the 2008-09 Global Financial Crisis (GFC) and the ensuing strict regulations. A recent Economist article, citing Bain & Company, anticipates a substantial surge in wealth assets. Bain projects a jump in liquid wealth assets from $130 trillion to nearly $230 trillion by t...
27 November 2023 /startups /markets
In the dynamic landscape of Singapore's business ecosystem, the integration of Artificial Intelligence (AI) is proving to be a game-changer, offering a myriad of benefits that contribute to enhanced efficiency, competitiveness, and innovation. As Singapore continues to position itself as a global economic hub, businesses using AI technologies are l...
22 November 2023 /startups /markets
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