Community
Artificial Intelligence and Financial Services
As the owner, you will also give up ownership if you leave this group.
Steve Wilcockson Product Marketing at Quantexa
I recently wrote a Finextra piece entitled 3 GenAI Use Cases for Capital Markets; The Power of the Vector. In it, I discussed the increasing importance of the so-called vector database and vectors more generally to a whole range of quantitative finance applications. The term vector database, as I discussed in that piece, carries multiple, overload...
07 September 2023 /startups /markets
Daniel Schlaepfer CEO at Select Vantage Inc
The emerging Artificial Intelligence (AI) boom has already seen a host of applications unveiled as supposedly advanced trading tools. Just this week we’ve seen the launch of Meta Trade Bot (unrelated to the Facebook-owning company), a cloud-hosted auto-trading tool designed to “eliminate human emotion in trading, enhance trading efficiency, and aim...
07 September 2023 /regulation /markets
Richard Kalas Client Solutions Director for Retail Banking at GFT Group
Despite customers’ concern about banks using AI, they still want to make the most of opportunities the technology offers the banking sector, new research finds. The new research focuses on the innovation led by artificial intelligence (AI) and how it is affecting the experience of the modern banking customer. As we continue to witness the ongoin...
05 September 2023 /retail
Katie Hunter Senior Marketing Manager at Aveni
It wasn’t so long ago that the thought of receiving financial–or any–advice from a machine would feel like something from a film, and likely heavily caveated with warnings about the robot uprising (we’re looking at you I, Robot/Terminator). Yet 2023 has seen us embrace advanced AI (Artificial Intelligence) technology like never before. It can be ...
30 August 2023
Chandresh Pande Consultant at TCS
Abstract Technology and Finance are a match made in heaven. In the vast and intricate world of Finance, few areas have evolved technologically as much as FX trading over the past few decades. From being mostly voice based in the early 1990s to the lightning-fast algorithmic executions of the present, the transformation of FX markets shaped by tech...
30 August 2023 /markets
Retired Member
It’s hard to believe that it was only in November 2022 that ChatGPT was unleashed as one of the first mass-market AI applications. With its first birthday approaching, the speed with which ChatGPT is influencing our interactions with financial brands is moving faster than regulators can keep up with. AI is embedding itself into the global financia...
24 August 2023 /regulation /crime
Dima Kats Founder & CEO at Clear Junction
The widespread adoption of technology within the financial industry, and the heavy streams of data being poured through financial institutions daily, have meant that compliance regulations have become increasingly complex and intricate. Artificial intelligence (AI) is playing a critical role in this shift, particularly in the remittance sector. AI...
24 August 2023 /payments /regulation
Oliver Tearle Head of Technology Innovation at The ai Corporation
Generative AI (such as OpenAI's ChatGPT) has generated an explosion of interest as numerous sectors have started understanding its unique capabilities for generating content based on simple prompts. There is much discussion about whether this new generation of AI will replace many skilled jobs, and at a basic level, it seems capable of doing so - ...
10 August 2023 /crime /predictions
Alister Sneddon Head of Product - Invest at CMC Invest
While it may seem to some that AI has suddenly burst onto the scene, it was born in the 20th century and has been evolving ever since. The release of ChatGPT and Bing’s chatbot this year marked a significant growth in AI’s power, particularly for Large Language Models (LLMs), which learn faster - with less data and training required. In previous y...
02 August 2023 /predictions
Scott Dawson CEO at DECTA
The world is awash with news and articles on artificial intelligence (AI), and the payment industry is no exception. Recently we have learned that Mastercard have rolled out an AI tool to spot real-time payment scams, U.S Bank is using AI in business travel management, and conferences are filled with talks on an AI future. A year before, the fin...
01 August 2023 /payments /predictions
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.