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Artificial Intelligence and Financial Services

Artificial Intelligence and Financial Services

Luigi Wewege

Luigi Wewege President at Caye International Bank

Unmasking Digital Threats: The Dual Threat of Anonymity in Cybersecurity Breaches and Financial Scam

The surge in cybersecurity breaches and financial scams presents a significant challenge and it is an ever-present danger in a sector that is increasingly digitalized. The core issue lies in the anonymity that the digital platforms afford bad actors, creating a complex environment for businesses and individuals alike. This article delves into the ...

/security /crime

Diederick Van Thiel

Diederick Van Thiel Visionary Board Member | CEO | NED at AdviceRobo | IKANO Bank | Ikano Insight

AI Leadership Learnings from the World Economic Forum 2024

In a blogpost from May 2023, I explored how AI is reshaping the dynamic world of finance. Like many others I also concluded that the integration of artificial intelligence (AI) already has had a profound impact, serving as a game-changer. We know that by now! But what to do if you are a CEO or business leader in this transforming world of (gen)AI?...

/retail /sustainable

Rahul Kambli

Rahul Kambli Sr. Product Owner at Genesis Global

AI Unlocks Primary Bond Market Opportunities for Asset Management Firms

For asset management firms investing in the primary market for corporate bonds, achieving a complete, real-time view of new deals coming to market and changes to deal terms is key to efficient credit analysis and rapidly placing orders for allocations. However, syndicating banks use multiple and competing channels to disseminate data to asset manag...

/devops /markets

Hani Hagras

Hani Hagras Chief Science Officer at Temenos

The five AI trends shaping banking in 2024

Hani Hagras, Chief Science Officer at Temenos Artificial Intelligence (AI) is fast becoming a game-changer for banks. The industry is coming to terms with the significant technological changes that AI brings and the opportunities it provides for growth in the global banking sector. In a recent study from Economist Impact, 75% of bankers surveyed b...

/predictions

Duncan Kreeger

Duncan Kreeger Founder and CEO at TAB

Unlocking Business Potential: Navigating AI Integration

A few months ago, I asked my team, do you use AI? Once I had helped them to understand that I saw AI as a facilitator, not a shortcut, I was pleased to learn that almost everyone was using AI for something. Whether that was correcting formulae in Excel, checking punctuation within written documents or supporting the coding process for our platform...

/devops

Boris Bialek

Boris Bialek Vice President and Field CTO, Industry Solutions at MongoDB

Transforming Financial Institutions for Quicker Settlement Cycles

On the 28th of May, 2024, the Securities and Exchange Commission (SEC) in the United States will implement a pivotal change in the securities trading sector: moving to a T+1 settlement cycle. This shift – reducing the settlement period from two business days after the trade date to just one – is a strategic move to mitigate market volatility a...

/regulation /cloud

Nick Sime

Nick Sime Director of Fraud & Credit Risk Modelling at Jaywing Risk

Risk Model Development – The Next Generation

In the world of financial services where risk management is paramount, we’ve all seen artificial intelligence and machine learning rapidly transforming the landscape. In fact, a recent survey by the Bank of England and the Financial Conduct Authority (FCA) revealed that 72% of UK financial firms are already using or developing AI/ML applications, ...

/retail

Nicholas Holt

Nicholas Holt Head of Solutions and Delivery, Europe at Marqeta

2024 Fintech Forecast: The Year of Flexible, AI-Powered Personalised Credit

In the UK, 2023 was dominated by the continued impact of the cost of living crisis and rising inflation, leading to tighter budget restraints and growing consumer demand to have more control over their finances. In 2024, I I predict the desire for flexibility will continue, through growing demand for new features and technologies such as Buy Now, ...

/payments /predictions

Retired Member

Retired Member 

A Case for Distributed Computing for LLMs in Fintech

Previous year i.e., 2023 has clearly been a standout year in terms of advancements in field of AI domain. Traditionally it’s always been felt that to get the most out of AI one need a strong investment in infrastructure and support. It’s never been as clear as last year due to the virtue of advent of Generative AI. Most of the traditional AI tech...

Steve Wilcockson

Steve Wilcockson Technical Product Marketing at Quantexa

Three GenAI Terms Financial Practitioners Learnt in 2023

2023 was a troublesome year for many on our planet – wars, violence, population displacement, catastrophes, extremism, higher costs of living and poverty. Folks working in our industry were comparatively lucky, some of us invigorated by the exciting GenerativeAI tornado. Just as HFT transformed the vocabulary of capital markets in the 2000s, and d...

/regulation /markets

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