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Artificial Intelligence and Financial Services
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Indra Chourasia Industry Advisor at Tata Consultancy Services (TCS)
1. Evolutionary shift of Artificial Intelligence toward Generative AI Rapid advancements in artificial intelligence (AI) and machine learning (ML) techniques – e.g., natural language processing (NLP) and large language models (LLM) capabilities have intensified the wide sways of technology on the functioning of business, government, and soci...
14 June 2023 /wholesale /markets
Retired Member
Can machines really take the place of humans when it comes to building trust? And what does this mean for financial services, and in particular, wealth management? “This is the world now. Logged on, plugged in, all the time.” We live with Artificial Intelligence (AI) every day, without realizing it. Navigation apps such as Google Maps use A...
08 June 2023 /wealth /predictions
Chirag Shah Founder and CEO at Pulse
Artificial intelligence (AI) is improving the outcomes for businesses across the world every day. It is automating, speeding up and making processes more effective and efficient than ever before. Such is its widespread use, that almost every company will have adopted it by 2025, according to research by Forrester. There’s no denying the benefits...
07 June 2023
Nathan Stevenson CEO and founder at ForwardLane
Since ChatGPT dethroned TikTok as the fastest app to amass one million users, generative pre-trained transformative (GPT) technology has been hailed as the hands-free solution to every writing need. From composing emails in business to writing content articles, the common perception is that GPT technology is here to replace humans. Yet behind the ...
05 June 2023 /wealth
Alex Kreger Founder & CEO at UXDA
There's no doubt about the huge potential and possibilities of ChatGPT alike generative Artificial Intelligence (AI) in digital banking and conversational banking in particular. AI is already used in digital banking to improve the customer experience, automate processes, and reduce the risk of fraud. But the hyper-personalization of banking opens ...
05 June 2023 /markets /predictions
Daniel Schlaepfer CEO at Select Vantage Inc
The application of artificial intelligence to financial markets has been making the headlines in recent weeks. Each day we see new articles about the countless and evolving use cases of chatbots and machine learning for trading and other varieties of capital allocation. But I’ve long thought that the only thing more interesting than the capabiliti...
31 May 2023 /markets /predictions
Leslie Kanthan CEO at TurinTech
The utilisation of artificial intelligence (AI) has been progressively gaining importance in various businesses, including retail banking. AI offers a multitude of benefits in this industry, such as enhancing customer service and detecting fraudulent activities. Given the intensifying competition in the field, it is crucial for executives to recog...
31 May 2023 /retail /predictions
Diederick Van Thiel Visionary Board Member | CEO | NED at AdviceRobo | Ecology Innovations | IKANO | Channel
Embedded Finance: Redefining Financial Services Small businesses starting today may never interact with a conventional bank. By logging into their e-commerce or accounting platform, they can open a deposit account, order a debit card, and meet most of their financing needs. The operators of these platforms are not usually banks. Rather, they are s...
31 May 2023 /retail /inclusion
Steve Sabin SVP, Division Executive, Lending at FIS
Ever since its launch in November 2022, OpenAI’s text-generating artificial intelligence (AI) chatbot, ChatGPT, has been making headlines as a revolutionary technology. But with business use of AI growing all the time, what makes ChatGPT and other so-called generative AI tools such good news for commercial lending? The story so far Previous incarn...
25 May 2023 /markets /predictions
Even the most challenging economic times come with opportunities to grow. But as gaps open for asset finance providers in the current market, it’s more important than ever to understand the risks that growth could bring, too. Right now, there are chances to be seized. With unsecured lenders increasingly losing their credit risk appetite, asset fina...
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