153 Results from 2018, /ai
John Byrne CEO at Corlytics
Knowing the rules Principles-based regulation was introduced in 1990 by the Financial Services Authority, the UK’s financial services regulator at the time (since superseded by the FCA and PRA). The approach has since found widespread support among regulators elsewhere, adopted to varying degrees by those from the Hong Kong’s SFC to France’s AMF. ...
08 October 2018 /ai /regulation Banking Regulations
Ivy Schmerken Editorial Director at FlexTrade Systems
Asset managers are looking for ways to mine alternative data sets for investment ideas, recognizing that stock pickers cannot rely on traditional research. An explosion in alternative data, ranging from satellite images to mobile geolocation data and unstructured text, has created an arms race among hedge funds and quantitative funds. Many firms ha...
08 October 2018 /ai Fintech
Shailendra Malik SVP - Tech Delivery (Enterprise Search) at DBS Bank
When in industry more than 50% of new roles are driven towards a specific skill set and when projections from various recruiting companies shows the world being short of certain skilled people and employers are scrambling to find certain type of resources in the market and are willing to pay a premium to get them on-board then it is a clear sign t...
05 October 2018 /ai Trends in Financial Services
Sean Neary Senior Product Officer at Featurespace
The finance world may still have concerns after it was revealed that British Airways (BA) was victim to a two-week long hack that resulted in 380,000 payments being compromised in August. And while everyone might be on high alert today for how fraudsters will use this data trove, the real risk may come further down the line. The hackers used “very...
04 October 2018 /ai /security Transaction Fraud Systems and Analysis
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
And no private customers either - just human customers in several roles. A legal person has btw never done anything. So remember this when you create services. Same user experience across roles - and across services. A primary example is to allow the use of e-banking codes as ID in other services that need a strong e-id - and then use them also f
03 October 2018 /ai Fintech innovation and startups
We’re all going overboard with the AI boom and the hype cycle. Problem with all hype cycles is that when we’re at peak the horizon looks beautiful and when the slide begins the avalanches tear apart everything. The AI hype cycle is all in the media houses and newsrooms. On ground ZERO we know how sticky the situation is. Any AI initiative will nee...
29 September 2018 /ai Fintech innovation and startups
Retired Member
OK, so here's the opening admission. I don't 'get' Quantum, yet. It's one of those fundamentals in physics which is hard to grasp beyond the basic, two concurrent states in one space/time. I guess I am in good company. And when I dig around at the other end of the discussion, namely, 'what will it do for us once it has been more fully realised in i...
28 September 2018 /ai
Anjani Kumar Principal Consultant - FS Risk & Compliance at Infosys Limited
“Nobody phrases it this way, but I think that artificial intelligence is almost a humanities discipline. It's really an attempt to understand human intelligence and human cognition.” — Sebastian Thrun (innovator, computer scientist, and chairman & co-founder of Udacity) In an earlier article, where I had shared insights on artificial intelli...
27 September 2018 /ai /regulation
Mark Goldspink CEO at The ai Corporation
I continue to be surprised by the lack of analysis and focus on operational efficiency when it comes to understanding all aspects of fraud prevention. Organisations spend a lot of time on improvements and removing ambiguity within their teams. It is a constant, ongoing activity, across all businesses. The same needs to be true with fraud, and I be...
27 September 2018 /ai /security Transaction Fraud Systems and Analysis
Just as people have quickly adjusted to using digital assistants such as Alexa, Siri or Cortana to check the weather, book a cab or reserve cinema tickets, it’s a logical next step for banks to launch voice activated services. Many are already experimenting with this approach. Capital One enables its customers to check their balance, track spendin...
26 September 2018 /ai Banking Strategy, Digital and Transformation
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