Sophia Brooke Project Manager at Independent Consultant
The banking and financial industry have always been early adopters of the latest tech gadgets, in the hope that these investments would grant them a competitive advantage, a cost reduction or improved processes. AI is the latest and most promising technology so far since it aims to mimic and enhance human abilities. It can perform fast computations...
13 May 2018 /ai Fintech
Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
AI (artificial intelligence) including derivatives such as RPA (robotic process automation) have become increasingly popular, at least within conversations by the growing and growing ‘in crowd’. AI is a generic term with an incredibly broad and deep subject matter, representing a diverse range of capabilities and applications. AI is so topical that...
11 May 2018 /ai Trends in Financial Services
Retired Member
Humans are short-term focused Ever since we were little, our (grand)parents have been pushing us to save more money for unexpected costs. The funny thing is that although many of us understand the concept of ‘saving for a rainy day’, we are still tempted to spend our money on short-term happiness such as luxury goods, holidays and restaurants. Why...
08 May 2018 /ai /inclusion Fintech innovation and startups
Legacy Systems remain problematic. Legacy Systems constrain change enablement. FinTech accelerates change. Legacy Systems are costly and slow to change. FinTech is inexpensive and quick to change. The knowledge to change Legacy Systems dilutes overtime. Diluted knowledge increases cost, time and risk. Solution Stage 1 Capture Legacy Systems kno...
04 May 2018 /ai /regulation Business Knowledge for IT
Urvish Macwan Team Leader at Hyperlink Infosystem
The arrival of Artificial Intelligence to offices cannot be stopped. Far from relegating employees, AI serves as a tool to streamline, automate and improve production processes within an organization. iPhone app development enables the development of applications that use AI to analyze an enormous amount of data and look for specific patterns, exp...
02 May 2018 /ai
We are all being inundated with requests for consent to continue using services as the GDPR deadline rapidly comes closer and closer. Many of us are not finding the consent experience very good. The question from these experiences we need to ask ourselves are we any the wiser of understanding the context of how our personal data is processed. The...
27 April 2018 /ai /regulation Data Protection Act Issues
A recent report from the Artificial Intelligence (AI) Index, assessing progress being made in AI technology, states: “There’s no question there have been a number of breakthroughs in recent years… but it’s also clear we are a long way from artificial general intelligence.” Despite being in its infancy, conversations surrounding AI’s potential to r...
25 April 2018 /ai Fintech
After so much innovation and disruptive technologies, the issues surrounding legacy systems still prevail at scale. For example, Global Banks are spending around US$220bn a year on IT expenses, with over 70% spent on maintaining legacy systems. These huge legacy maintenance costs are delivering less each year as the complexity of needs increases,...
20 April 2018 /ai Fintech innovation and startups
Are you happy with digital marketing agency? I mean sure, they are great for creating “awareness” but how often do they result in conversions or even a solid lead? Unless you are marketing FMCG goods like cherry flavoured cola, traditional digital marketing agencies can be sinkhole for cash without any significant ROI. This is especially true if ...
15 April 2018 /ai /retail Asia Financial Services
The financial services industry has witnessed considerable hype around Artificial Intelligence (AI) in recent months. We’re all seeing a slew of articles in the media, at conference keynote presentations and think-tanks tasked with leading the revolution. AI indeed appears to be the new gold rush for large organisations and FinTech companies alike...
12 April 2018 /ai /payments
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