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Artificial Intelligence and Financial Services
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Vall Hèrard CEO and Co-founder at Saifr™
In a global report issued by S&P, 95% of enterprises across various industries said that Artificial Intelligence (AI) adoption is an important part of their digital transformation journey. We’re seeing expanded interest in the adoption of AI for many reasons, including lowering costs, increasing sales, and improving worker productivity. At the...
24 March 2023 /regulation /markets
Steve Wilcockson Product Marketing at Quantexa
Time data is primal. It has always been thus for modern computing, mathematics and, now, artificial intelligence. From the founding grandparents of modern computing and AI – Ada Lovelace’s “analytical engine,” Alan Turing’s Enigma and Turing Machine-infused work on “Rounding-off Errors in Matrix Processing”, the “Grace Hopper nanosecond,” – element...
22 March 2023 /markets /predictions
Steve Morgan Banking Industry Market Lead at Pegasystems
For banks, artificial intelligence (AI) and machine learning (ML) should be more than just buzzwords. Correct application of these technologies to their back-end processes can help facilitate increased operational resiliency, in the process enabling customers to become more financially resilient in an era of widespread economic shocks and increase...
15 March 2023 /devops
Retired Member
Machine learning (ML), the most prominent arm of artificial intelligence (AI), cuts both ways for the financial services industry, where its applications are getting wider by the day. The benefits are obvious. ML models are trained to learn from results just as the human brain does and can execute complex tasks at a scale and speed humans simply c...
09 March 2023 /regulation /devops
Marcus Martinez Industry Advisor, Worldwide FSI at Microsoft
The answer isn’t clear, but it will certainly be evident when we look back half a century from now. Technological breakthroughs, such as increasingly and surprisingly sophisticated artificial intelligence algorithms, make us question whether we’re living through a fundamental transition point in history. It’s worth noting that a common aspect acr...
09 March 2023 /cloud /predictions
Ahmad Almoosa Co-founder l Angel Investor at Mazeed
The financial technology industry, or fintech, has seen explosive growth in recent years. Fintech startups are disrupting traditional financial services, from banking and lending to payments and insurance. However, the success of fintech startups is not just due to their innovative products and services. Collaboration is an equally important fac
07 March 2023 /startups /markets
It is rare to see quants talk about trading systems and strategies so publicly. Recently Avi Palley, Lead Quantitative Strategist in eFX Trading at Wells Fargo and Carlos Zendejas, also a one-time Quant and now CEO and co-founder of Digital Q did just that,in the Deep Q Cast series about building AI-Ready trading systems. Their conversation is co...
07 March 2023 /devops /markets
Iain Swaine Director EMEA, Global Advisory at BioCatch
Phishing is the oldest weapon in a fraudster’s war chest and still serves as the most common form of cyber-attack around. Phishing attacks reached a record high in 2022, according to the Anti-Phishing Working Group, with banks continuing to be the number one target. What has become known to many consumers is how to spot most phishing emails when ...
22 February 2023 /identity /crime
Gery Zollinger Head Data Science & Analytics at Avaloq
Adoption of AI technology has come a long way in recent years, especially in the back and middle office of financial institutions where the ability of AI to sort vast quantities of data, automate repetitive processes and accurately identify outliers is particularly valuable. From anti-money laundering to payment fraud prevention, AI is helping fin...
21 February 2023 /regulation /wealth
ChatGPT, while getting much attention, is just the beginning of a new era of using a specific category of AI as a tool for organisations to improve their operations and provide better service to customers. Taking a look at the core of its capabilities, the banking sector is one of the industries that stands to benefit most from the emergence of th...
16 February 2023 /devops
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