555 Results from /ai
Andrew Beatty Head of Wealth, Retirement & International at FIS
These top 4 trends of AI in regulatory compliance for financial services can give banks a competitive advantage in today's data-centric world. Innovative technologies leveraging Artificial Intelligence (AI) empower the automation of regulatory compliance and business processes; analysts view this type of automation as a top trend for financial inst...
25 April 2019 /ai /regulation Digital Banking Trends
Ron Cogburn CEO at Exela Technologies
This is a reprint from Exela's recent article in Entrepenuer Magazine by Suresh Yannamani, President of Exela Technologies Machines haven’t yet supplanted human workers en masse, but at the World Economic Forum’s 2019 meeting in Davos, Switzerland, corporate executives revealed they’re facing massive pressure from shareholders and boards to meet s...
22 April 2019 /ai Bigger than Technology
Konstantin Rabin Head of Marketing at Kontomatik
At the risk of sounding like Bob Dylan, the times are a changing, and we must try to keep up. The age of passive investment, investment managers and large scale investment funds making decisions for the people is slowly coming to an end. With the international reach of private brokers, such as Hargreaves Lansdown, allowing people to have incredib...
19 April 2019 /ai
Jose Pierre CEO at Marketware International, Inc.
Artificial intelligence (AI) continues to be one of the most popular technologies among business executives in decades. Increased pressures on financial services organizations is driven in part by investors’ enthusiasm for digital capabilities. This has fueled the need for well-planned transformation strategies to innovate in order to enhance th...
16 April 2019 /ai Innovation in Financial Services
Retired Member
When you are investing and strive for a higher ROI, whom do you address? As a rule, you reach out to a team of wealth advisors. That means meeting regularly with those financial consultants to discuss your ventures and make adjustments to your investment portfolio. This process is time and money consuming and can be frustrating, as well. This does...
15 April 2019 /ai Innovation in Financial Services
Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
The growing recognition of new value creation from using chatbots has amplified market hype, even though there are many genuine cases delivering benefits. This growing momentum has cultivated a populist belief that natural language processing, powered by machine learning, is fit for purpose in any context. Furthermore, it has cultivated a sense-mak...
09 April 2019 /ai /regulation Innovation in Financial Services
The secret to successful AI Chatbots and virtual assistants are transforming the way financial services organisations engage and interact with their customers. Open Banking has catalysed the development of new, sophisticated stand-alone Artificial Intelligence (AI) solutions and the advent of ‘voice’ operated services has led to the increasing use...
09 April 2019 /ai Digital Banking, Mortgages and Savings
Breana Patel CEO | Thought leader in Bank Risk & Regulations at Bonova Advisory | Risk &Regulatory Advisory
The rapidly expanding realm of artificial intelligence (AI) presents a powerful tool for meeting the requirements of regulatory oversight. But like any powerful tool, using it incorrectly can lead to disaster. I have seen firms allocate large budgets to onboard extremely advanced technology to solve a particular challenge, but their efforts are no...
05 April 2019 /ai /regulation Banking Strategy, Digital and Transformation
Progress is impossible without change, and those who cannot change their minds cannot change anything." – George Bernard Shaw. Automation is nothing new. In fact, it's been influencing manufacturing processes for centuries, allowing human beings to produce without constantly keeping their hands on the wheel. But as the head of a business proce...
03 April 2019 /ai Bigger than Technology
Across the globe, banks are facing major issue with digital banking, cyber security, regulatory audit and compliance issues. Further, any lapses found during internal / external or regulatory audit of the bank would lead to regulatory fines levied based on the issues ascertained. The reputation of Bank is founded on trust from its employees, clie...
03 April 2019 /ai /retail Banking Strategy, Digital and Transformation
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