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Artificial Intelligence and Financial Services
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When it comes to commercial lending, credit analysis is an essential part of the process. Banks need to assess the ability of a business to sustain a certain level of debt and repay loans, but a lack of data availability, coupled with human bias, can make this difficult to assess. A steakhouse on Wall Street catering to investment bankers for exam...
17 April 2020 /wholesale /covid-19
Shailendra Malik SVP - Tech Delivery (Data Platform) at DBS Bank
When we start talking about AI, it intrigues many, but then they lose interest at the moment we start discussing the technical details. Let me try to keep this piece a more light-hearted to highlight what are the top 5 considerations I keep in mind when I try to find a workable and deployable solution for a problem that business or an end-user fac...
13 April 2020 /sustainable /covid-19
Anna Mazzone MD at MetricStream
The business landscape of today is in constant flux and continually being disrupted by rapid change. From new competitors with disruptive business models to changing customer demographics and dynamics and technological advancements, we are seeing increasing paradigm shifts in business fundamentals. The regulatory landscape too has had to adapt to ...
12 March 2020 /ai /regulation
Ron Cogburn CEO at Exela Technologies
"The saddest aspect of life right now is that science gathers knowledge faster than society gathers wisdom." Isaac Asimov This is a reprint from article in ReadWrite It might appear that data — the information you find in a scientific article, a history book, or a set of survey results — is just a collection of objective facts. The numbe...
10 March 2020 /ai
Think chatbots, intelligent virtual assistants, and digital employees. These and other related technologies enable computers to engage in dialogue with people in natural ways using conversational artificial intelligence (CAI). For banks, CAI makes it possible to respond to customers’ questions more quickly, cost-effectively, and consistently than t...
02 March 2020 /ai /retail
David Ratnage Commercial Lending Director, Capital Markets at FIS
When you're assessing the creditworthiness of borrowers, you need technology to help you not only do it efficiently and get it right but also give you flexibility. So, is your credit assessment solution giving you the freedom of choice – or could it be time for a change? The commercial lending ecosystem itself is evolving rapidly, with the demand ...
27 February 2020 /ai /wholesale
Henry Iversen Chief Commercial Officer and Co-Founder at Boost.ai
Co-authored with Ramtin Matin, Lead Technological Strategist, SpareBank 1 SR-Bank Artificial intelligence is one of the key components behind the digital revolution in the banking and finance sector. From fraud protection to customer service, there is a seismic shift in how these companies are using technology—
29 January 2020 /ai /wealth
Steve Morgan Banking Industry Market Lead at Pegasystems
Artificial Intelligence, Robotic Process Automation, Intelligent Automation, Blockchain, Tokenisation, Machine Learning - banks are struggling to work out which technologies are most suitable for their needs and which they should prioritise in order to get the most out of their investment. In some ways, this has always been the case with technolog...
29 January 2020 /ai
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
It is no secret that a fundamental change has started - the migration to a data-driven economy. Why this should be speeded up is obvious - everyone stands to benefit (i) from much better services when any citizen can authorise connecting MyData and Big Data to life events (at home and at work), (ii) from costs being automated away in all adminstra...
24 January 2020
Yagneswara Sarma Bulusu Consulting Partner at Tata Consultancy Services Ltd.,
Abstract Custodian banks continue to grapple with cost pressures, operational challenges, and legacy infrastructure. The advent of disruptive technologies such as blockchain, robotic process automation (RPA), and cognitive technologies have helped custodian banks to resolve these challenges. In Part 1, of a two part series, we examined the potent...
22 January 2020 /ai /markets
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