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Artificial Intelligence and Financial Services
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Nick Delis Senior VP of International and Strategic Business at Five9
In the cost-of-living crisis, every penny counts. With mortgage rates at their highest level in 15 years, and 1.3 million households missing or defaulting on bills last month, banks are facing an unprecedented increase in calls for financial support. However, poor service is causing customers to lose trust in their financial providers - with over ...
25 July 2023 /retail /cloud
Nathan Stevenson CEO and founder at ForwardLane
The potential risks and rewards of GPTs (Generative Pre-trained Transformers) such as OpenAI's GPT-4 in financial services have been much debated. Yet regardless of opinion, one point is indisputable: GPTs are here to stay. As such, one of the biggest risks to wealth managers when it comes to GPTs is ignoring them and failing to explore the oppor...
20 July 2023 /wealth
Viren Patel Financial Services Industry Strategist at Workday
Financial services firms are using Artificial Intelligence (AI) and Machine Learning (ML) more and more heavily. The latest research from The Bank of England and Financial Conduct Authority, for example, suggests that 72% of UK firms in the sector are developing or deploying ML, a branch of AI that gives machines the ability to "learn" f...
17 July 2023 /retail /wholesale
Steve Wilcockson Product Marketing at Quantexa
The goalposts moved in capital markets with the launch of ChatGPT. I'm not the first to say that, and some will say I'm a hype monkey. However, I believe it and events like this don't happen everyday. As per the sports pitch sidelines, capital markets leaders will re-assess their set-plays and identify new tactics to determine winners and losers a...
12 July 2023 /markets /predictions
Yaniv Zecharya CTO & CoFounder at FundGuard
In this article, I aim to shine a light on the application of artificial intelligence and machine learning to enhance investment accounting capabilities. How is Artificial Intelligence Used in Investment Accounting? Let me just start by defining AI and ML in a way that is specific to investment accounting. Within any investment accounting system, ...
08 July 2023 /markets /predictions
Oliver Tearle Head of Technology Innovation at The ai Corporation
The possible applications of generative AI have been explored by many in recent weeks. However, one major unexplored topic is how fraud analysts can use data created by generative AI to augment and improve their fraud detection strategies and the implications of using synthetic data to train fraud models and improve detection rates. It is well k...
03 July 2023 /crime
Scott Dawson CEO at DECTA
It could be argued that Open Banking hasn’t yet lived up to its potential. Although seven million people and businesses used Open Banking systems in January of this year, that is still a small percentage of the 156 million bank accounts in the UK. Companies like Bud, Plaid and Tink are successful on their own terms, but don’t match the rapid grow...
03 July 2023 /payments /predictions
Michael Boukadakis CEO at ENACOMM
Americans have warmed up to virtual assistants in the wake of the pandemic, when many services had to be reimagined as digital alternatives. According to an Ipsos poll of 2,010 U.S. adults, 69 percent of respondents said they’ve used an online or mobile virtual assistant to get answers to their questions and or help resolve issues, and nearly as m...
29 June 2023 /retail /cloud
Retired Member
In the ever-evolving landscape of technology, digital twins have emerged as a fascinating concept with tremendous potential. Digital twins are virtual replicas of physical objects, processes, or systems that enable real-time monitoring, analysis, and optimization. They have already made significant strides in various industries, including manufact...
27 June 2023
Ray Connolly Sales Director at Regtick
Artificial Intelligence (AI) and Machine Learning (ML) technologies have witnessed exponential growth in recent years, revolutionising various sectors. However, with great power comes great responsibility. Governing and regulating AI and ML are crucial to ensure ethical and accountable use of these technologies, protecting individuals, society, an...
16 June 2023 /regulation /devops
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