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Artificial Intelligence and Financial Services
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Kevin Levitt Global Business Development, Financial Services at NVIDIA
Financial regulators across Europe continue to levy steep enforcement fines against banks for failures to comply with know-your-customer (KYC) and anti-money laundering (AML) regulations. At the end of 2021, the Financial Conduct Authority (FCA) fined two of the UK's largest banks, HSBC and NatWest, a total of £328.95 million ($436.1 million) for ...
19 July 2022 /crime
Paul Fermor UK Solutions Director at Software AG
With a predicted global addressable market of nearly $600 billion in 2022, hyperautomation (HA) is a key focus for many industry transformation initiatives. In this article, I’ll lay out in layman’s terms what hyperautomation is, why it matters and what foundations firms should establish to ensure the delivery of successful hyperautomation initi...
06 July 2022
Shabnam Wazed Founder & CEO at AGAM International
By Shabnam Wazed, Founder and CEO of AGAM International Banks and lenders have historically focused extensively on a borrower’s current financial information when evaluating their likelihood of repaying a loan on time. Lending decisions are made on factors like payment history and outstanding debt. But millions of conscientious people - potential ...
15 June 2022 /startups /inclusion
Diederick Van Thiel Visionary Board Member | CEO | NED at AdviceRobo | Ecology Innovations | IKANO | Channel
Vision on the future of venture capital The pandemic has exposed value chain fragility and stress-tested all sectors and industries. Innovation has become the new arms race. According to Mc Kinsey Global Research of Executives companies have accelerated their digitization by three or four years and the share of digitally enabled products in their ...
24 May 2022 /startups /predictions
Leslie Kanthan CEO at TurinTech
The applications of AI in the financial sector are multi-faceted. In this article, we explore some key use cases of AI for hedge funds. We also look at potential challenges in implementing AI-based solutions, and how hedge funds can circumvent these challenges. In an analysis done in 2020, consulting and research firm Cerulli claims that there is i...
23 May 2022 /inclusion /markets
Adam Lieberman Chief AI Officer at Finastra
Today, businesses rely on predictive models for a multitude of reasons. At the very least, they enable novel insights that can streamline internal processes; at the most, they are essential drivers of growth and critical to business operations. Therefore, it is no surprise that data scientists spend a lot of time building these models. To keep mod...
17 May 2022 /regulation /predictions
Torben Sauer Chief Executive Officer at Conpend
The effects of the Covid-19 pandemic continue to severely disrupt trade. Yet some trade finance banks had the foresight to plan for such an eventuality, utilising capabilities that overcome market-wide limits on documentary trade. As appetite for trade digitalisation grows, Conpend’s CEO, Torben Sauer, explains how banks are increasingly turning t...
09 May 2022 /regulation /covid-19
Nick Boyer Senior Director, Strategic Consulting at PROS
The UK is in the midst of an inflation crisis: with rates soaring, inflation is forecast to hit 8% by April 2022 according to economists. Due to a combination of factors, including the fallout from Covid, Brexit and supply chain disruptions, companies are experiencing a dramatic rise in their input costs, due to the price of transport and material...
25 April 2022 /markets
CEO’s: what a stretch! The C-level job is more demanding than ever before. On one hand smart decision-making is pushed by the revolutionizing digital experience needs of younger generations. In my last blog on embedded finance, I wrote that nowadays, people are online almost continually, searching for products and solutions, watching videos on Ins...
14 April 2022 /retail
The Experience age transformation of personal finance The age of experience is deeply transforming markets and will do so even more. More than a decade ago, when I was Chief Marketing Officer at ING, I wrote my book ‘Got EQ? Cool!’ to support my fellow CMO’s with practical approaches to win the hearts and minds of their customers. The book reached...
25 March 2022 /payments /retail
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