Community
Artificial Intelligence and Financial Services
As the owner, you will also give up ownership if you leave this group.
Erica Andersen Marketing at smartR AI
The notion that data is the lifeblood of artificial intelligence (AI) has been a prevailing theme in the industry. However, as AI continues to evolve and mature, it's becoming increasingly clear that knowledge – not data – will be the differentiator between truly innovative systems and those that merely process information. Data alone can provide
16 March 2025 /ai /regulation
Anoop Melethil Head of Marketing at Maveric Systems
Artificial Intelligence (AI) is reshaping industries across the globe, but the banking sector has been a cautious adopter, lagging when compared to other financial intermediaries. While some banks have embraced AI with gusto, others are still testing the waters. Broadly speaking, banks can be categorized into three groups based on their AI adoptio...
12 March 2025 /ai
Tomas Navickas CTO & co-founder at myTU
Fraud and scammers are as old as finance and bankers. In other words, where there’s money, there’s bad actors, and fraud detection is as essential a process to finance now as it was a century ago. Fraud detection has continually evolved much like any other aspect of the finance world, and it’s also evolved in tandem with technology itself. The dev...
10 March 2025 /ai /retail
The big grift now in AI is that 'it is not AI that will take your job but the person using AI'. Therefore the underworked consultants are offering - for a handsome fee - over elaborate AI training courses. Served with a word salad this is a variation on prompt engineering mirage that has worn thinner than the emperors new clothes. This is a callo...
09 March 2025 /ai /security
Anton Chashchin Founder & CEO at N7 Capital
Until recently, implementing artificial intelligence (AI) required massive investments, which made it available only for major banks and tech giants. However, the industry is shifting rapidly. Increasing competition in the AI industry (strengthened by the release of China’s DeepSeek and Elon Musk’s xAI) demonstrates that effective AI models are be...
28 February 2025 /ai /payments
AI. Its a word that evokes both excitement and apprehension. While some companies race to capitalize on the hype, many rightly remain hesitant, deterred by the known LLM negatives, any real need or required use case and therefore the perceived complexity and cost of implementation. But what if there was a different path? A way to harness the tran
26 February 2025 /ai /security
Joris Lochy Product Manager at Intix | Co-founder at Capilever
Generative AI (GenAI) remains one of the most transformative forces in technology today, capturing imaginations and redefining industries with unparalleled speed. While traditional AI has excelled in analysis and automation, GenAI is a newer force, capable of creating sophisticated content that mirrors human creativity. This innovative technology
24 February 2025 /ai /predictions
The 500bn US plans and the 200bn European counter to the Magnificent seven Salvo. Yes the world is abuzz with talk of what is effectively massive datacentres, the engines powering the Big business friendly LLM based version of the alleged Gen AI revolution. These colossal facilities, packed with cutting-edge hardware are the backbone of large lan
23 February 2025 /ai /sustainable
Hugo Chamberlain Chief Commercial Officer at smartKYC
In the evolving landscape of compliance, financial institutions, regulated businesses and large corporations face mounting pressure to streamline Know Your Customer (KYC) processes, meet anti-money laundering (AML) requirements, and manage third-party risk efficiently. Traditionally, KYC and supplier screening has been a resource-intensive process,...
20 February 2025 /ai /regulation
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.