Roman Eloshvili Founder and CEO at XData Group
In the last couple of years, artificial intelligence (AI) has evolved from a new technology to a well-known term, integrating itself into various sectors. In fact, Capgemini research predicts that explosive GenAI adoption will only continue with three in five organisations seeing innovative work as the largest benefit of the technology. As AI bec...
02 August 2024 /ai /predictions Artificial Intelligence and Financial Services
Denys Boiko Founder at Erglis
Source: Freepik Big data has been transforming companies and entire industries worldwide for well over a decade but money continues to pour into the field as enterprises become ever more data driven. Indeed, figures show a 54 per cent increase in data analytics spending worldwide in 2024. A combination of cutting edge analytics and the latest AI
01 August 2024 /ai /predictions Big Data
Naina Rajgopalan Content Head at Freo
In today's fast-paced corporation planet, technology is changing how we manage invoicing and expense processing. One of the numerous compelling improvements is the help of artificial intelligence (AI). AI can help companies save time, decrease mistakes, and enhance money flow. Here are 10 suggestions for leveraging AI in your invoicing and paymen
31 July 2024 /ai /payments Fintech
Ioan Iacob CEO at FlowX.AI
The financial services industry is at a critical juncture. Despite staggering investments, banks are still struggling with digital transformation. But why? Let’s dive into the tangled web of challenges banks face, the failed promises of past solutions, and take a look at what I believe to be the path towards a brighter future. The Harsh Reality I...
31 July 2024 /ai /devops Banking
Dmytro Spilka Director and Founder at Solvid, Coinprompter
With the generative AI boom in full swing, a future of automation in fintech is imminent. While this may be a cause for concern among employees, the reality is set to be far more collaborative. The artificial intelligence in fintech market is expected to reach a value of $17 billion in 2024. This figure is set to soar to $70.1 billion by 2033, rep...
29 July 2024 /ai /inclusion
Oliver Tearle Head of Technology Innovation at The ai Corporation
Fighting fraud is like playing a game of cat and mouse. But what if the 'mouse' could learn the cat's every move? Machine learning in fraud detection creates a system that constantly gets better at spotting fraudulent transactions, no matter how the fraudsters try to disguise them. This technology has been around for a while, with the first system...
29 July 2024 /ai /crime Artificial Intelligence and Financial Services
Eldad Tamir Founder and CEO at FINQ
A recent CNBC/Generation Lab survey illuminates a stark reality: while many young adults recognize the stock market as a vital tool for wealth accumulation, a similar number are not actively saving for retirement. This gap between awareness and action highlights broader challenges of financial engagement among millennials and Gen Z, who often face...
28 July 2024 /ai /markets Artificial Intelligence and Financial Services
Erica Andersen Marketing at smartR AI
As someone who's been following the AI industry closely, I have to say the new European Union AI Act has really caught my attention. It's a beast of a document; 458 pages and 113 articles! When I first heard about it, I thought, "Well, there goes my weekend reading." But jokes aside, this is a big deal, folks. It's probably the most amb
25 July 2024 /ai /regulation Artificial Intelligence
Raktim Singh Senior Industry Principal at Infosys
Neuro-symbolic AI is a unique form of artificial intelligence that combines the strengths of neural and symbolic AI architectures. This powerful AI model can model cognition, learning, and reason, effectively overcoming each of its limitations. Neuro-symbolic AI : Combining best of Neural network & Symbolic AI Neuro-symbolic AI combines the str...
24 July 2024 /ai /people Technology for Social Good
Abhishek Bhasin Head of Product at Uplinq Financial Technologies
The success of a small business depends on a healthy cash flow. Access to working capital is a much-needed lifeline for these businesses as they are constantly managing and juggling their cash flows. Paying bills, making payroll and filling orders while waiting for the client to pay the invoice is a day-to-day financial reality of these businesses...
23 July 2024 /ai /inclusion Artificial Intelligence and Financial Services
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