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Artificial Intelligence and Financial Services
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Yuriy Gnatyuk COO at Kindgeek
Cutting-edge technologies have become an essential part of the financial sector. Given their vast outreach and the enormous number of benefits, more and more market players embrace fintech, so the industry grows and develops impressively day after day. A remarkable milestone in fintech has become the deployment of artificial intelligence algorithms...
15 December 2022 /retail /wholesale
Retired Member
We have been applying analytics, artificial intelligence (AI) and machine learning (ML) to fraud prevention solutions for over 20 years. Over this time, the financial services sector has completely transformed, with firms seeking to move away from siloed and disjointed datasets, rapidly digitising and turning to the cloud. But how has this impac...
14 December 2022 /security /crime
Lukas Dvorak Data Science & AI Professional at Profinit EU
AI/ML solutions can be used to help companies assess the needs of their customers more effectively using behavioral microtargeting; address those needs through personal and relevant offerings; and significantly increase their conversion rates for their offerings (e.g. consumer loans). Developing data solutions for financial institutions is somewh...
14 December 2022 /retail /predictions
Luigi Wewege President at Caye International Bank
There’s no doubt that Artificial Intelligence (AI) impacts most industries. AI can accomplish more with less, from manufacturing to telecommunications to food service. At the same time, it’s a powerful tool for companies to meet or exceed consumer expectations. You may not realize that domestic and offshore banks also employ AI in several ways. T...
04 December 2022 /regulation /predictions
Michael Boukadakis CEO at ENACOMM
If the past three years have shown us anything, it’s that consumers have adapted to self-serve. More self-reliant than ever before, they’ve learned to meet their own needs with CX tools and services that businesses have provided to eliminate in-person interactions and accommodate social distance, both required and desired. These changes in custome...
29 November 2022 /retail /cloud
Many are divided over the safety of virtual assistants and lack trust in their use for managing finances With voice-activated services, such as SIRI, Alexa and Google Assistant now a staple in our day-to-day lives, the introduction of this technology to help manage our finances is still subjected to scrutiny. While chatbots and virtual assistants ...
08 November 2022 /payments /crime
Charlie Newark-French Interim Chief Executive Officer at Hyperscience
The early 2020s have seen a rise in knowledge workers and office employees expressing dissatisfaction with their work and employers. Vocally, this discontent has played out through the “Great Resignation,” where we’ve seen employees quit en masse, proactively looking for new jobs or staying for shorter tenures. Non-vocally, these feelings of unres...
03 November 2022 /people /predictions
Stan Cowan
Customized Machine Learning: The secret sauce of world-class risk stacks In today's world, the most successful companies work data-driven. The data science and machine learning (ML) advancements over the past ten years are truly remarkable. With breakthroughs in complex statistics and deep learning, companies have more tools and data today than ev...
28 October 2022 /identity /crime
Tommaso Migliore CEO & Co-Founder at MDOTM Ltd
As financial markets become increasingly complex, many financial institutions adopt new technologies – especially AI – to support their investment process. The combination of human intelligence and a rising maturity in AI is gradually building a novel approach to building uncertainty-proof portfolios, refining strategic and tactical asset allocati...
24 October 2022 /wealth /predictions
Generally, when you talk to a team who handles fraud at financial institutions, fintechs, or other similar organizations, one of their biggest goals is to reduce the overall number of suspicious events that require a human in the loop to manually review an application, transaction, or newly onboarded account. With today’s modern automatic decisio...
14 October 2022 /identity /crime
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