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544 Results from /ai

Breana Patel

Breana Patel CEO | Thought leader in Bank Risk & Regulations at Bonova Advisory | Risk &Regulatory Advisory

How AI is transforming Trade settlements

Banks are investing heavily in disruptive technologies to boost operational efficiencies including within the post-trade settlement process. The technology financial executives are turning to is called artificial intelligence. Artificial Intelligence is a group of technologies that are designed to emulate human cognitive functions and traits. AI ca...

/ai Capital Markets Technology

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7 Highlights from Innovate Finance Global Summit 2018

The annual Innovate Finance Global Summit 2018 kicked off the start of UK Fintech Week in London. Gathering over 300 Fintech companies, 200 speakers, and thousands of innovators, influencers and supporters from the global financial technology industry to explore the ideas and innovations shaping global fintech. There were over 60 sessions held acr...

/ai Fintech

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The Future Of Artificial Intelligence

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...

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Will AI Start a FinTech Revolution?

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...

/ai Fintech

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Is AI a fad or reality for financial services today?

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 ...

/ai /retail

Freddie McMahon

Freddie McMahon Director Strategy and Innovation at DF2020 Ltd

Chatbots gaining momentum in mainstream banking

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...

/ai Fintech

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Artificial Intelligence - How Machine Learning is Transforming Underwriting

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 ...

/ai Digital Insurance Trends

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As IT and back office transform what happens to RPA?

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...

/ai Digital Banking Trends

Freddie McMahon

Freddie McMahon Director Strategy and Innovation at DF2020 Ltd

Chatbots as an enabler for Knowledge Process Re-Modelling

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...

/ai Fintech

Dennis Gada

Dennis Gada Vice President, Financial Services at Infosys

Five ways fintech is disrupting the financial services industry

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...

/ai Trends in Financial Services

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