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Latest /ai expert opinions

Erica Andersen

Erica Andersen Marketing at smartR AI

Uncovering Genuine AI Insights for Financial Services

Conversational AI and Document Querying: A Path to Business Benefit, Data Control, and Cost Management In the digital age, financial institutions are constantly seeking new ways to leverage technology for extracting valuable insights from their data. The rise of conversational AI and document querying has stirred excitement among financial profess...

/ai /devops Analytics in Banking

Erica Andersen

Erica Andersen Marketing at smartR AI

The software ownership dilemma

Software ownership has undergone an interesting evolution. Traditionally, software producers retained ownership, through licensing or the use of Software as a Service (SaaS). However, the AI era provides an opportunity to bring about a significant shift. A key difference in the AI era is the increasing customization of software for individ

/ai /security Artificial Intelligence and Financial Services

Alex Kreger

Alex Kreger Founder & CEO at UXDA

AI in Banking: Are Banks Ready for the User Experience Revolution?

The integration of AI into banking is poised to dramatically transform the industry within the next five years, driven by the breakthrough success of technologies like ChatGPT. This change is necessitated by the limitations inherent in human capabilities. As we gaze into the future, the disruptive potential of AI becomes evident, promising to revo...

/ai /retail Innovation in Financial Services

Steve Morgan

Steve Morgan Banking Industry Market Lead at Pegasystems

The Criticality of Maintaining Data Quality Amid Cloud Migration and Digital Transformation

In today’s rapidly evolving financial landscape, cloud migration and the integration of advanced digital technologies are reshaping how banks operate. For example, many banks are moving their banking systems to cloud-based platforms and adopting technologies like machine learning and artificial intelligence (AI) to enhance customer service and str...

/ai /cloud Artificial Intelligence

Susie MacKenzie

Susie MacKenzie Head of Legal and Regulatory Analysis at Corlytics

Regulating the Energy Wave in the Age of AI and Data

Growing focus on AI regulation The digitisation of society and industry continues to accelerate at an unprecedented rate. AI is opening the door to advances right across society, from healthcare to agriculture. Financial institutions are integrating and exploring AI models across the board, in areas such as cybersecurity, risk management and AML p...

/ai /regulation

Ashish Pandey

Ashish Pandey Marketing Head at RichestSoft

How Much Does it Cost to Build An AI System?

How Much Does it Cost to Build an AI System? Building an AI system can be a transformative move for businesses. However, it involves various costs that can vary greatly depending on the type of business and the complexity of the AI system. As per my research and experience, I will break down the costs involved in building an AI system for dif

/ai Artificial Intelligence

Gabriel Hopkins

Gabriel Hopkins Chief Product Officer at Ripjar

Gen AI: A helping artificial hand for compliance teams

Through complex algorithms, Generative AI (GenAI) has been reshaping how we create content, including imagery, music, text, and video; greatly simplifying data processing and task performance. This technological advance not only saves time, effort, and money but is also a game-changer in enhancing operational efficiency and fostering innovation ac...

/ai /regulation Exposing Financial Crime

Steve Wilcockson

Steve Wilcockson Product Marketing at Quantexa

How a Data Fabric Delivers Better Financial Services Outcomes

Data Fabric: The Origination Story Throughout my career, enterprise data management paradigms have come and gone. Let’s briefly trawl some data management history to understand how data fabric emerged. Popular data management paradigms include: Data Warehouse Data Lake ETL, i.e. Extract, Transform, Load ELT, i.e. Extract, Load, Transform Data Lake...

/ai /regulation Data Management and Governance

Luke Allchin

Luke Allchin Director - North America at RFI Global

AI: Opportunities, Challenges, and the Future of Financial Services

Artificial Intelligence (AI) has made significant inroads across a wide range of industries, revolutionizing the way businesses operate and interact with consumers. From healthcare to retail, AI's ability to process vast amounts of data and create meaning has given way to new efficiencies and enhanced user experiences. The banking sector, a corner...

/ai /retail Artificial Intelligence

Saurabha Sahu

Saurabha Sahu Senior Solution Consultant at Wipro Limited

Generative AI: Way to Revolutionize Banking Financial Industry

Any new technology advancement comes with benefits as well as challenges attached. Financial industry always maintains a follower strategy, accepting a NextGen solution. However, there are some non-impacting financial use cases which can influence customers in terms of behavior and sentiments through the current NextGen technology (Gen AI). In th

/ai /inclusion Artificial Intelligence and Financial Services

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