702 Results from /predictions
Raktim Singh Senior Industry Principal at Infosys
Vision Transformers, or ViTs, are a groundbreaking learning model designed for tasks in computer vision, particularly image recognition. Unlike CNNs, which use convolutions for image processing, ViTs employ a transformer architecture inspired by its success in natural language processing (NLP) applications. ViTs convert image data into sequences, s...
12 July 2024 /ai /predictions Technology for Social Good
Alex Kreger Founder & CEO at UXDA
The modern banking executive faces a pervasive challenge: how to innovate effectively in a rapidly evolving digital landscape. They are increasingly drawn to the allure of cutting-edge technologies─from AI and blockchain integration to cloud-based infrastructure and open banking APIs. However, when creating digital financial products and services,...
08 July 2024 /retail /predictions Innovation in Financial Services
Radi El Haj CEO at RS2
The best place to be for business is up-and-coming countries. Being in on the ground floor as a country modernises means that you have the opportunity to become a vital part of its payments infrastructure and is one of the best ways to ensure decades of profitability. In our lifetimes we have seen countries like China and India modernise rapidly, ...
05 July 2024 /payments /predictions Fintech
Retired Member
Earlier this year, on February 22nd, the last remaining bank branch in the whole of the Peak District, Natwest in Bakewell, closed its doors for good. The closure leaves thousands of locals without a physical bank to visit, with the closest Natwest, for instance, now in Chesterfield—almost a half an hour’s drive away. Brick-and-mortar branches ...
03 July 2024 /predictions Banking
Sasank Chary Senior Advisor at Sageview Capital
By Sasank Chary and Andy Greos The financial technology sector has undergone seismic shifts in recent years. The narrative often centered around fintech companies displacing traditional financial institutions with superior technology and user experience. However, the focus moving forward is likely to shift towards fintech playing a supportive and ...
26 June 2024 /predictions Fintech
Integrating AI into banking services will obviously revolutionize the user experience in financial services, offering real-time advice and 24/7 transaction monitoring. However, this shift not only enhances user experience but also addresses critical data privacy concerns. Unlike traditional cloud-based AI, on-device AI, as introduced by Apple, pro...
25 June 2024 /retail /predictions Artificial Intelligence and Financial Services
A Multimodal User Interface (MUI) is a revolutionary system that transforms our daily interactions with technology. Imagine managing your home gadgets with voice commands while adjusting settings on a display screen with touch controls. This is the practical power of MUIs, making our lives easier and more intuitive. From birth, we learn to interact...
13 June 2024 /retail /predictions Technology for Social Good
Steve Sabin SVP, Division Executive, Lending at FIS
In case you hadn’t noticed, technology has made huge advances over the last 10 to 15 years. In all that time, however, the commercial loan syndication market has resisted the pressure to digitally transform. Until recently, there’s been enough profit margin to support the heavily manual, labor-intensive processes that still underpin syndicated lend...
07 June 2024 /markets /predictions Banking and Lending Solutions
Sergei Grechkin Chief Risk Officer at AIFM Cayros Capital
The financial industry has been rapidly integrating Artificial Intelligence (AI) to enhance various aspects of its operations, including the pricing of interest rate derivative contracts. Interest rate derivatives, such as swaps, options, and futures, are essential tools for managing exposure to fluctuations in interest rates. The traditional met...
06 June 2024 /ai /predictions Artificial Intelligence and Financial Services
Benjamin Avraham Founder & CEO at Okoora
The global fintech market is growing rapidly with a market size expected to top $608 billion by 2029, almost doubling from a projected $312 billion this year. In part, this can be attributed to the agile solutions and customer-centric approaches of fintechs when compared to those of traditional banks. However, to drive true value in the financial...
05 June 2024 /payments /predictions Banking
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