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Artificial Intelligence and Financial Services
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Stan Cowan
Digital change happens at the speed of light, and fraudsters move nearly as quickly to exploit vulnerabilities and gaps in fraud prevention capabilities. Financial institutions cannot afford to leave protection up to chance. Consumer demand for digital-everything has been steadily rising for years but has sped up since the height of the pandemic. S...
10 October 2022 /identity /crime
David Benigson CEO and Founder at Signal AI
The financial compliance world always seems to be perpetually speeding up. But with the last three years precipitating a digital transformation push like the world has never seen, the perpetually influx compliance industry has become even more hectic than usual. Financial businesses today simply do not function the way that they used to. And while...
04 October 2022 /regulation
Gijsbert Cox Industry Leader Insurance EMEA + APAC at Appian
Insurance underwriters are currently spending 40% of their time on non-core activities. That’s a major issue as companies, particularly in the current climate, don’t have resources to bankroll needless inefficiency - nor should they want to. It’s a challenge that could hit underwriters to the tune of up to $160 billion over the next five years. ...
22 September 2022 /devops
Retired Member
Stemming the tide of money laundering might feel like an impossible task for law enforcement agencies when you consider just how pervasive it is. The UN estimates that between $800billion and $2trillion – the equivalent of 2-5 per cent of the world's GDP – is laundered through worldwide networks. These are the proceeds from serious organised crime...
06 September 2022 /crime
Paul Christensen CEO at Previse
2022 is proving to be a tough year for British businesses. Although we have emerged from the clutches of the pandemic, thankfully leaving Covid restrictions behind, the business community now faces an entirely new set of challenges. Inflation has become the word of the day, and is forecast to potentially reach a staggering 15% by the end of the y...
05 September 2022 /payments /wholesale
Nick Boyer Senior Director, Strategic Consulting at PROS
According to the Office for National Statistics (ONS), inflation in the UK reached 9.4% in June, a percentage not seen within the last 40 years. The rate of increase for raw material prices reached a new high of 24% in June 2022, up from 22.4% in May 2022. The month also saw producer output prices (factory gate prices) increase by 16.5 percent, up...
31 August 2022 /markets
Anna Slodka-Turner Risk and Quant Solutions, Global LoB leader at Evalueserve UK Ltd
Artificial Intelligence (AI) is at the forefront of many conversations across industries. And why not? It’s brought us extensive solutions, saving humankind so much time. But like everything good, it has limitations, particularly general AI, which often feels like a catch-all term for a general algorithm accessible via some speakerphone that can d...
10 August 2022
Prabhu Ramamoorthy Global Manager Financial Services Ecosystem at NVIDIA
Physicists may say otherwise, but it is trade that makes the world go round -- at least financially. From supply chain issues to volatility in prices across asset classes, from stocks to crude oil, trade defines much of the movement in the international economy. With trillions of dollars moving daily across the financial system, the temptation to ...
03 August 2022 /regulation /crime
Hugo Chamberlain Chief Commercial Officer at smartKYC
When to use Enhanced Due Diligence Know Your Customer (KYC) screening can take many forms as a process and certainly as a technology solution in the ever expanding industry. At a minimum, companies have a requirement to check and verify an individual's identity by using document verification and/or biometric tools, which may suffice in terms of a ...
25 July 2022 /regulation /crime
Steve Morgan Banking Industry Market Lead at Pegasystems
From the current geopolitical landscape, it is clear we are in a period of instability and unpredictability, and one which we won’t likely see the back of any time soon. From war in Europe, to continued supply chain disruptions in China as a result of COVID lockdowns, there are a variety of factors contributing to rising inflation and the cost of ...
20 July 2022 /people /retail
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