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Artificial Intelligence and Financial Services
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Shailendra Malik SVP - Tech Delivery (Data Platform) at DBS Bank
“七転び八起き” (Nana Korobi Ya Oki), a famous Japanese proverb that means “Fall down seven times, stand up eight”, a proverb that can be prophetic as we see the recovery of the Japanese Yen from its abysmal performance in past few years. Let me start with a small disclaimer, I am neither an economist nor a financial expert. In fact, I am a techie turned
17 September 2024 /markets /predictions
Erica Andersen Marketing at smartR AI
Today, the world of technology is changing at such a fast rate, with generative AI making huge impacts throughout organizations in terms of productivity and efficiency. The media is filled with negative talk of impending job losses and concerns that humans will be ousted from their work due to the rate of current advances. But is this fact or fic
16 September 2024 /ai /predictions
Luigi Wewege President at Caye International Bank
As we move further into 2024, the pace of innovation in financial services has only accelerated, driven by emerging technologies, shifting regulatory frameworks, and changing client expectations. This past year has seen major breakthroughs that are set to not only reshape the industry but also impact how consumers and businesses interact with fin
16 September 2024 /crypto /predictions
Hugo Chamberlain Chief Commercial Officer at smartKYC
As the COO of smartKYC, I've been at the forefront of innovation in due diligence and Know Your Customer (KYC) screening processes for many years. The rapid advancement of artificial intelligence, particularly generative AI (GenAI) and Large Language Models (LLMs), such as ChatGPT, has opened up exciting new possibilities for enhancing KYC screen
12 September 2024 /ai /crime
Roman Eloshvili Founder and CEO at XData Group
Convenience and personalization for customers have become the forefront of 21st-century services. A client-centric approach is crucial for remaining competitive, with the onboarding process being one of the most important parts of interaction. When it comes to financial companies that clients need to completely trust, not only the first impression...
11 September 2024 /ai /inclusion
Anton Roe CEO at MHR
Finance is a vital part of any organisation because it touches every part of the business. It impacts how the business grows, including the solutions a company chooses to invest in; the cybersecurity strategy it adopts; all while ensuring risk and compliance are managed effectively. This makes the finance team one of the busiest in the company. I
11 September 2024 /ai /people
Alessandro Hatami Managing Partner at Pacemakers.io
The banking industry is at a crossroads, driven by the disruptive potential of artificial intelligence (AI). More than just a shiny new technology, AI is fundamentally changing how banks operate, interact with customers, and manage risk. What makes AI so compelling for banks is not just its ability to automate tasks but its potential to enable dee...
09 September 2024 /ai /regulation
Are you ready to take your organization to new heights with artificial intelligence (AI)? As AI continues to evolve and mature, businesses are increasingly looking to harness its power to drive innovation, efficiency, and competitive advantage. But, let's face it - implementing AI projects can be challenging, especially when the endpoints are und
05 September 2024 /ai
Pankaj Gupta Manager Data Engineering at Discover Financial Services
In today’s digital world, fraud has become more complex, which means we need smarter ways to detect and prevent it. Generative AI helps with this by looking at large amounts of data in real-time, learning what normal and suspicious behavior looks like, and spotting anything unusual with incredible accuracy. In simple terms, it uses advanced AI to ...
03 September 2024 /ai /crime
Ellen Roberson Global Marketing Advisor, Risk, Fraud & Compliance at SAS
Fraud, risk, and compliance departments worldwide face a rapidly evolving and expanding workload, fueled by increasingly complex modern-day fraud and financial crimes. According to data from the FBI and Deloitte, generative AI (GenAI) is expected to rapidly increase fraud losses over the next few years. But even as AI technology galvanizes bad act...
30 August 2024 /ai /crime
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