705 Results from /ai
Anna Mazzone MD at MetricStream
The business landscape of today is in constant flux and continually being disrupted by rapid change. From new competitors with disruptive business models to changing customer demographics and dynamics and technological advancements, we are seeing increasing paradigm shifts in business fundamentals. The regulatory landscape too has had to adapt to ...
12 March 2020 /ai /regulation Artificial Intelligence and Financial Services
Ron Cogburn CEO at Exela Technologies
"The saddest aspect of life right now is that science gathers knowledge faster than society gathers wisdom." Isaac Asimov This is a reprint from article in ReadWrite It might appear that data — the information you find in a scientific article, a history book, or a set of survey results — is just a collection of objective facts. The numbe...
10 March 2020 /ai Artificial Intelligence and Financial Services
Andrew Beatty Head of Wealth, Retirement & International at FIS
One thing that banks are not lacking is data. Adding events and event streams into the mix, both the volume and the quality of data will increase exponentially. In today’s data-driven world, banks adopting new core banking solutions with event-based architecture (EBA) will gain a distinct advantage over banks that don’t. ► See also my related blog...
05 March 2020 /ai Open Banking
Retired Member
Think chatbots, intelligent virtual assistants, and digital employees. These and other related technologies enable computers to engage in dialogue with people in natural ways using conversational artificial intelligence (CAI). For banks, CAI makes it possible to respond to customers’ questions more quickly, cost-effectively, and consistently than t...
02 March 2020 /ai /retail Artificial Intelligence and Financial Services
Debbie Green VP of Applications at Oracle
As technologies such as 5G, IoT and AI are rolled out across industries, old business models are being overturned and new ones created, all in the name of progress. Even the most established industries run the risk of being significantly weakened, or even made redundant – so organisations will have to embrace change to survive. Business agility i...
28 February 2020 /ai Finance 2.0
David Ratnage Commercial Lending Director, Capital Markets at FIS
When you're assessing the creditworthiness of borrowers, you need technology to help you not only do it efficiently and get it right but also give you flexibility. So, is your credit assessment solution giving you the freedom of choice – or could it be time for a change? The commercial lending ecosystem itself is evolving rapidly, with the demand ...
27 February 2020 /ai /wholesale Artificial Intelligence and Financial Services
Vikas Seth Chief Product Officer at IDnow Gmbh
Even though UBER being banned from London is old news (from 3 months ago), this is still quite relevant nowadays https://www.bbc.com/news/business-50544283 The reason as stated in new articles was that UBER had some fake drivers (either holding invalid licenses or not insured) going through verification process successfully. The fact that fraud i...
12 February 2020 /ai /crime Biometrics
Shirish Netke President at Amberoon
Last week, the US Department of Treasury published its 2020 Strategy document that "employs a whole-of-government approach to guide the public and private sectors in addressing 21st century illicit finance challenges." The report highlights the risk-based approach as central to the 2020 Strategy. The report classifies vulnerabilities a...
10 February 2020 /ai /crime Banking Regulations
Boris Huard
As we enter a new decade, many financial providers plan to harness the power of automation and invest in advanced analytics such as Machine Learning and Artificial Intelligence to help transform their processes. With this transformation, many are currently investing in major projects to bring together disparate data sources together into one cohere...
10 February 2020 /ai
René Hendrikse Vice President & Managing Director, EMEA & LATAM at Mitek
Jokingly dubbed "deal prevention units" by some front-office staff, compliance teams now have the third most-stressful City jobs after that of an investment banker and a trader. Pre-crisis, pre-Brexit and pre-cybercrime, compliance used to be (almost!) a stress-free job with regular hours. As regulatory pressure intensifies and personal ...
04 February 2020 /ai /regulation Financial Services Regulation
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.