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Artificial Intelligence and Financial Services
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Yes.. I am talking about the AI applications - our myriad AI applications and upcoming ones whispering to humans about what to do…. how to do it…but not about the whisperers who interact with the AI chatbots. According to IDC predictions, the global AI market could reach over $500 billion by 2024 – a more than 50% increase
14 April 2023 /security /regulation
Nathan Stevenson CEO and founder at ForwardLane
Financial advisors are increasingly turning to technology to help them provide the best advice for their clients in the most efficient manner possible. One of the most effective tools for this task is Generative Pre-trained Transformer (GPT) chatbot technology. GPT technology can provide tailored guidance that takes into account individual client ...
13 April 2023 /wealth
Akshay Berry Manager at Infosys Limited
Evolving customer preferences and the emergence of digital disruptors are rapidly changing the banking landscape. As banks evolve from a banking as a product model to an ecosystem experience, changes are necessitated to business processes, IT Architecture, as well as operating model. With increasing focus on efficiency and experience, digital tech...
06 April 2023 /predictions
Iain Swaine Director EMEA, Global Advisory at BioCatch
Iain Swaine, Global Advisory Director EMEA, BioCatch and Katie McKenzie, Engagement Manager EMEA, BioCatch The financial industry is preparing itself for a surge in Authorised Push Payment (APP) scam reimbursements. Why? Because the statistics speak for themselves. In the UK alone, APP scams cost consumers close to £250 million in the first half of...
04 April 2023 /regulation /crime
Marc Smith Founder and CTO at Conpend
Navigating complex, overlapping sanctions is placing renewed pressure on banks’ compliance operations and putting the trade finance industry to the test – again. Marc Smith, founder and CTO at Conpend, shares frontline insights on the current sanctions environment, the impact on trade finance, and the innovative digital solutions that are taking o...
03 April 2023 /regulation /crime
Anna Becker CEO and Co-founder at EndoTech
It's 2021 all over again, at least for veteran cryptocurrency Bitcoin. After tanking in the wake of the FTX scandal last fall, Bitcoin– as well as some other crypto currencies – have rebounded nicely, up over 67% in 2023. It's almost as if the nightmare of 2022 was just that – a nightmare that we've all woken up from. Crypto may be a new kind of a...
28 March 2023 /crypto /markets
Last Feremenga Director of Applied AI Research at Saifr
Last November ChatGPT, a chatbot developed by the research lab OpenAI, reached the million-subscriber mark just a week after its launch. I could not resist the allure and signed up. When I asked the bot to write a blog for a company executive on the future of crypto markets, I was impressed with the results. The response recognized current specula...
24 March 2023 /regulation /markets
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...
Steve Wilcockson Technical 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
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