Retired Member
Artificial intelligence (AI) is a type of modern technology that is empowering machines to behave like humans or even superhumans as the case may be. AI is designed to allow devices/robots to interpret information by itself and thereby perform some certain tasks like solving of equations, video editing, facial recognition, internet searches and se...
22 March 2018 /ai Whatever...
The banking and financial sectors are on the brink of a fundamental structural change. Compliance regulations have kept these industries trapped in long-overdue legacy systems. Yet, senior executives understood that they need to make a shift towards integrating more technology into their daily operations. This decision is motivated by costs, effic...
17 March 2018 /ai Fintech
Richard Broadbent VP Software, UK/I at Diebold Nixdorf
Artificial intelligence (AI) is starting to impact our lives faster than we can imagine. From Amazon’s digital assistant Alexa, which is now in over five million homes, to online shopping recommendations and image recognition, AI technologies have found no shortages of real world applications that are quickly becoming a familiar part of our daily ...
16 March 2018 /ai /retail
Freddie McMahon Director Strategy and Innovation at DF2020 Ltd
In March 2018, Citicorp launched a Facebook Messenger chatbot for its consumer banking clients in Singapore. They also plan to launch these chatbot-based services in Hong Kong and Australia later in 2018. Citicorp’s conversation-as-a-service enables customers to access account balances and credit card bill summaries. Citicorp intend to extend this...
16 March 2018 /ai Fintech
Over the last decade, several sectors of the economy adopted and implemented digital technologies to improve business connections and maximize output and efficiency. However, the insurance industry is one of the staidest sectors of the economy lagged behind in the global shift to digital technology. As such, the Young American Insurance industry ...
12 March 2018 /ai Digital Insurance Trends
Having got involved in both robotic and cognitive automation in banking, I am coming across several interesting, deep questions. For example, robotic process automation (RPA) is touted as a great choice where the business case for automation does not make the cut for IT to take it up. This requires careful thinking. Shouldn't the threshold to push...
12 March 2018 /ai Digital Banking Trends
The Problem Process Modelling is pervasive. At the lowest level process, there is often tasks that require the knowledge worker to access Complex Knowledge in the form of documents covering regulatory, statutory, legal, tax, tariffs, policies or procedural matters. Complex Knowledge contained in documents is no longer fit for purpose for two reaso...
09 March 2018 /ai Fintech
Dennis Gada Vice President, Financial Services at Infosys
Fintech is the buzzword within the banking industry. It refers to the use of technology across all financial services functions. For instance, the simple task of replacing paper-based processes with software and applications is an example of fintech at work. Previously, fintech was mainly used for back-office functions by leveraging software to hel...
05 March 2018 /ai Trends in Financial Services
Some interesting research from multiple sources are providing lead indicators into why the future of organisations will become a blend of human and chatbot workers. More and more people are using chatbots. Some may not realise they are using chatbots as it is seemingly so “natural” in a digital nice way! This is especially the case through advance...
02 March 2018 /ai Digital Banking Trends
Ivy Schmerken Editorial Director at FlexTrade Systems
Artificial intelligence has quickly evolved from science fiction to digital assistants such as Alexa and Siri learning about our daily lives. A.I. applications are interpreting MRIs and will soon be operating self-driving cars. In personal finance, many of us interact with chat boxes on bank web sites. And in the investing world, robo-advisors ar...
01 March 2018 /ai Capital Markets Technology
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