57 Results from 2017, /ai
Retired Member
Imagine a capital markets desk of a financial institution where a trader is about to press enter on the keyboard to initiate a market position when a message pops up on the computer screen from a regulatory agency notifying of a compliance violation before the trade is entered. With the emergence of SupTech, that day is closer than you think. As...
27 November 2017 /ai Financial Services Regulation
There is no doubt about it – RegTech is hip. Bankers dangle the word over their working breakfasts, while technology teams slather it on proposals they are seeking funding for, along with its cousin, FinTech. The term is a contraction of “regulatory” and “technology” that seems to have no sense of irony about just how traditionally uncool the two ...
27 November 2017 /ai /regulation
Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
The most common misperception about Chatbots is that Natural Language Processing (NLP) is the only method for delivering conversation-as-a-service. Though this is not true, as covered in earlier articles, it is important to understand some of the NLP limitations. The popularity of Chatbots naturally being able to converse with people generally star...
24 November 2017 /ai /regulation Futuristic Banking
In the face of changing times, Banking and Financial companies might encounter some rough patches in the near term– largely owning to the fact that customer expectations are at all-time high, un-sure digital strategies can be really un-forgiving, channel flux is extreme and speed to market is frankly become ‘maddening’. Today, consumers expect the...
22 November 2017 /ai Futuristic Banking
Sayed Ali Sharafudeen Senior Manager, Customer Analytics at Genpact
When customers walk into their bank, they normally expect to talk to a personal banker or customer manager to discuss their need or issue. With every customer tending to demand personalized relationship with their banks, scalability issues creep in for a branch level personalization for each and every customer. However, retail banking has gone dig...
21 November 2017 /ai /retail Futuristic Banking
The hot topics in retail banking are becoming increasingly clear as banks start to consider much more strongly their approaches and strategies for the digital economy. Broadly speaking, three themes have taken centre stage, first, around Digitalisation itself and how banks are embracing the challenge of making this happen. Secondly, Banking as a P...
21 November 2017 /ai
The investment Banking Industry is in the state flux. Digital revolution, increased regulation, and seismic shifts, the industry is now aware of the threat that they have been trying to stay ahead. Everyone knows the era of transformation has been underway for over a decade now. Technology now serves as Value proposition in Capital Markets Industr...
Diederick Van Thiel Visionary Board Member | CEO | NED at AdviceRobo | Ecology Innovations | IKANO | Channel
By Dr. Roboadvice Banks have been growing their cost/income ratios with serious cost reductions since 2008. But from now on, the real breakthroughs will primarily have to come from income growth. Online retailers like Amazon are great at growing their income, but this is not what banks usually excel in! New target groups, new product market combin...
20 November 2017 /ai /inclusion Digital Banking Trends
Chatbots, the human side of artificial intelligence, are showing significant signs of market growth, primarily due to the ability to make material reductions in costs, whilst delivering superior customer interactions. From various sources, the Chatbot market is expected to be worth more than US$1bn by 2023, at a compound annual growth rate of betwe...
17 November 2017 /ai /regulation Futuristic Banking
Priya Lakshmi Digital Leader at Own
Blockchain is very exciting for many and offers tremendous opportunities to make processes more efficient, create new markets and change existing market infrastructure. A lot of people are also joining the bandwagon because it is complex, difficult to understand (oh well, its building blocks are game theory (consensus based), cryptography and peer...
17 November 2017 /ai Innovation in Financial Services
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