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Artificial Intelligence and Financial Services
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Aleksandra Kitina Head of Marketing at COLIBRIX
Artificial Intelligence (AI) has emerged as a game-changer in the financial services industry, revolutionising traditional banking practices and unlocking new opportunities for innovation and efficiency. In this article, we explore the transformative impact of AI on various facets of financial services and its potential to reshape the future of ba...
22 July 2024 /ai
Garima Chaudhary Head of Fin. Crime Solution Consulting at Oracle
There’s a new subset of artificial intelligence/machine learning (ML) that are taking over news feeds called Generative AI aka Gen AI. As compared to where traditional ML model output predicts, classify or cluster, Gen AI as the name suggests aims to create new content like text, video, audio, image, or code from the training data. Encouraged by...
22 July 2024 /ai /crime
Jose Pierre CEO at Marketware International, Inc.
As we navigate an era marked by rapid technological advancements and shifting economic dynamics, the wealth management industry finds itself at a pivotal juncture. The traditional models of wealth management are being upended by digital transformation, generational wealth transfers, and heightened regulatory scrutiny. To stay competitive, wealth m...
19 July 2024 /ai /wealth
Kaustuv Ghosh CEO at Nxtgen Payment Infra.
Introduction This blog is based on an article co-authored along with Matthew Lamons, CEO of The Intelligence Factory and is an edited version of the same article. As a matter of introduction and context, we work closely together to enable strategic decisioning and risk mitigation through AI. We felt that the current global risk situation requ
16 July 2024 /ai /security
Eldad Tamir Founder and CEO at FINQ
Embarking on an investment journey can be exciting yet daunting, particularly for young and new investors. Starting early is crucial, allowing time to benefit from compound interest and to recover from market fluctuations. Recognizing the challenges faced by new investors is the first step towards overcoming them. Embrace long-term investing A lo...
14 July 2024 /ai /startups
Erica Andersen Marketing at smartR AI
AI has become the hottest buzzword of the decade, with chatGPT—last year alone growing to 100,000,000 users within three months—the fastest growth in a new product ever. Since then, everyone, from startups to old-line businesses, has rushed to claim they are doing it. It’s no wonder, as McKinsey’s report, “Mind the Gap: AI Leaders Pulling Ahead” ...
09 July 2024 /ai
Scott Zoldi Chief Analytics Officer at FICO
Almost every new technology cycles through phases. Initial hype about the exciting possibilities the tech could present leads to it becoming a much discussed and debated topic, with early adopters rushing to jump onboard. This hype is followed by teething problems, limitations and unmet expectations coming to light, trust waning and popularity cra...
05 July 2024 /ai
Anup Chandrashekar Vice President at Sonata Software
In the dynamic realm of banking, innovation has been the cornerstone of evolution and customer satisfaction. From the pioneering days of ATMs to the digital revolution brought forth by internet and mobile banking, financial institutions have always been at the forefront of embracing technological advancements. Today, as we embark on the cusp of a ...
01 July 2024 /ai /retail
John Bertrand MD at Tec 8 Limited
Bank Fraud was examined in clinical detail at LexisNexis ‘Trust:Live 2024 Conference. Fraud represents 49% of UK Crime. No one knows how many scammers are out there. The scale of scam messages, over 1 billion sent over the telecom networks this year, suggests a significant number of digital fraudsters. The Dedicated Card & Payment Crime Unit ...
27 June 2024 /payments /crime
Brian Montgomery Senior Director, International Finance at Workday
Investment management firms have seen more change in the last five years than in the previous five decades. New asset classes, significant regulatory and technological developments, pandemic-related market and workplace volatility, as well as evolving client expectations have all pushed investment managers well and truly into the era of ‘never nor...
27 June 2024 /ai /people
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